Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Bank of England raises interest rates for third time in four months
London : Interest rates have increased in the UK for the third time in four months as the Bank of…
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Invasion of Ukraine accelerating supercycle in commodities: Goldman Sachs
New Delhi : The invasion of Ukraine by Russia and the subsequent political shock are accelerating the supercycle in commodity…
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TN to buy 500 electric buses
Chennai : Tamil Nadu government will buy 500 new electric buses and 2,213 diesel powered buses next fiscal with KfW…
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TN to set up Rs 300 cr botanical garden
Chennai : Partnering with the Kew Gardens of London, the Tamil Nadu government is set to build a botanical garden at…
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Chitra Ramkrishna sent to 14 days judicial custody
New Delhi: Chitra Ramkrishna, the ex MD and CEO of the National Stock Exchange (NSE), who was arrested by the Central…
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Reliance New Energy Ltd acquires assets of Lithium Werks
Mumbai : Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the…
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India’s Feb 2022 exports up 25%, imports rise 36%
New Delhi : India’s merchandise exports rose 25.10 per cent in February 2022 on a year-on-year basis, official data showed on…
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Tata Sons chief Chandrasekaran appointed as Air India Chairman
New Delhi/Mumbai: Tata Sons Chairman N. Chandrasekaran has been appointed as Air India Chairman, a group spokesperson said. The development comes…
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Soaring LNG prices likely to drive up India’s Rs 1 tn fertiliser subsidy
New Delhi : India’s heavy reliance on imported Liquified Natural Gas (LNG) as a fertiliser feedstock exposes the nation’s balance…
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Commodity market shock to trigger all-round price rise
New Delhi : The rise in the cost of commodities led by the Russia-Ukraine war is expected to trigger an inflationary…
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Non-ferrous metals are on a high, mayhem in markets to continue
New Delhi : The Russian-Ukrainian crisis is expected to keep non-ferrous metal prices high in the near future. The crisis has…
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GAIL announces interim dividend for FY22
New Delhi : Natural gas producer and distributor GAIL has announced a second interim dividend of Rs 5 per share) for…
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Shortage of coal: Two thermal plants in TN shut
Chennai : Two thermal power plants in Tamil Nadu at Mettur and Thoothukudi (each 210 MW capacity), have been temporarily shut…
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Rate hike prospects may slow down investments in real estate
New Delhi : Rising commodity costs triggered by the Russia-Ukraine war and likelihood of tightening of monetary policy by the Reserve…
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Stagflation worries, downgrades in stock market weightage cloud India’s growth story
New Delhi : India is facing downgrades in stock market weightages and in GDP with stagflation risks being flagged due to…
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RBI lifts restrictions on HDFC Bank’s ‘Digital 2.0’ plan
New Delhi : The Reserve Bank of India has lifted the restrictions on the business generating activities planned under HDFC Bank’s…
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Ukraine crisis may hit India’s global semiconductor hub dream
New Delhi : As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material…
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EPFO to pay 8.1% interest rate on PF for 2021-22
New Delhi : The Employees’ Provident Fund Organisation (EPFO) will pay 8.1 per cent rate of interest on provident fund deposits…
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RBI stops Paytm Payments Bank from onboarding new customers
New Delhi: The Reserve Bank of India (RBI) on Friday stopped Paytm Payments Bank from onboarding of new customers acting…
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PFRDA pension schemes’ subscriber base crosses 5.07 cr
New Delhi : A healthy rise in corporate sector subscribers took the overall subscription base of various pension schemes regulated by…
