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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Elon Musk could lose world’s richest person title
London: Tesla has lost nearly half its market value since its founder, Elon Musk, bid for Twitter in April, reducing…
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PM to inaugurate 1st phase of Mumbai-Nagpur Super Expressway on Sunday
Nagpur: Prime Minister Narendra Modi will inaugurate the Phase-I of the Mumbai-Nagpur Samruddhi Mahamarg (Super Communication Expressway) and take a…
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FTX CEO secretly gave $27 mn to crypto news site The Block, its CEO
San Francisco: Sam Bankman-Fried (SBF), former CEO of now bankrupt crypto exchange FTX, gave $27 million in a series of…
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Next Fed rate hike will amplify recession: Musk
San Francisco: Twitter CEO Elon Musk on Saturday said that the next US Federal Reserve rate hike will amplify the…
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Adani Group to have its nominees on NDTV Board
Chennai: The Board of New Delhi Television Ltd (NDTV) has approved a proposal to invite the Adani Group’s RRPR Holding…
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Mutual funds SIPs garnered Rs 13,306 crore in November
Chennai: The Indian mutual fund raised about Rs 13,000 crore from systematic investment plans (SIP), but the growth and equity funds…
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Ashneer takes a dig at media as BharatPe sues him, family for Rs 88.6 cr fraud
New Delhi: Ashneer Grover took a dig at the media saying that how long are they going to sell the…
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Amazon to sack 20,000 employees
In a bid to size down its workforce, Amazon is planning to lay off 20,000 employees in the coming months.…
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Saudi approves 2023 budget with $4.26bn surplus
Riyadh: Saudi Arabia’s cabinet approved the state budget with a surplus of 16 billion riyals ($4.26 billion). The budget was…
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DC attorney sues Amazon for stealing $60 mn in tips from delivery drivers
Washington: District of Columbia (DC) Attorney General Karl Racine has sued e-commerce giant Amazon for stealing consumer tips worth $60…
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Former BPCL head Arun Kumar Singh appointed ONGC chief
New Delhi: For the first time, a retired official has been appointed as head of a state-owned Maharatna entity, with former…
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Emirates-based telecom firm in talks to buy Telenor Pakistan
Karachi: Ownership of Pakistans second-largest cellular service provider may soon change hands as Telenor Pakistan looks to exit the country amid…
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Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo…
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RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) on Wednesday increased the repo rate by 35 basis…
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World Bank upgrades India’s GDP growth to 6.9% for current fiscal
New Delhi: The World Bank on Tuesday expressed optimism that India’s real GDP would grow at 6.9 per cent in…
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Coal production rose to 75.87 mn tonnes in Nov
New Delhil India’s total coal production went up by 11.66 per cent to 75.87 million tonnes in November 2022 from…
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Cement makers plan to hike price by Rs 10-15/bag in Dec
Chennai: The price of cement is hardening across the country and since August this year, the rates have gone up…
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Meta threatens to ban news on its platform in US over journalism bill
San Francisco: Meta on Tuesday warned to ban news in the US if the government passes a journalism bill that…
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Nick Read steps down as Vodafone Group head
New Delhi: Vodafone Group on Monday announced that its CEO Nick Read will step down by the end of the year…
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Airtel, Meta join to accelerate India’s digital ecosystem
New Delhi: Bharti Airtel and Meta on Monday announced their collaboration to support the growth of India’s digital ecosystem. Airtel…
