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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Mumbai: Adani to install 1.80 mn Smart Meters for BEST power consumers
Mumbai: The Adani Group has bagged a bid to install 10.80 lakh (1.80 million) “Smart Meters” for electricity consumers of the…
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Demand for Russian crude rises in India, China: Reports
New Delhi: Vessel tracking data suggest that the demand for Russian crude oil seems to be picking up, especially among India,…
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Roche Pharma sets up global technology centre in Hyderabad
Hyderabad: World’s largest biotech company Roche Pharma has set up its state-of-the-art Global Analytics and Technology Centers of Excellence (GATE) in…
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Railways sets new record in scrap sales, earns Rs 2,582 cr in 6 months
New Delhi: Indian Railways has set a record in scrap sales, with earnings on this count in the first six months…
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Nokia, Ericsson ink multi-year deal with Jio to deploy 5G in India
New Delhi: Handset makers Nokia and Ericsson on Monday announced that they have inked a deal with Reliance Jio to build…
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Increase in crude prices will weaken Indian oil companies if net realisation doesn’t go up: Moody’s
Chennai: A Rs 220 billion one time grant to the three oil marketing companies by the Centre would cover their losses…
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Inflation ‘manageable’ at 7.4%, love to see it down to 4%, says Sitharaman
Washington: Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 per cent in India, is…
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Malabar Group to invest Rs 750 cr in Telangana
Hyderabad: Telangana Minister for Industries, K T Rama Rao (known as KTR) laid the foundation stone for a gold refinery…
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Mother Dairy raises milk prices by Rs 2 per litre
New Delhi: After Amul, another dairy major Mother Dairy has raised its milk prices by Rs 2 per litre on full…
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Sitharaman urges World Bank to remain steadfast on principles of common responsibilities
New Delhi: Finance Minister Nirmala Sitharaman has urged the World Bank to avoid a unidimensional view of subsidies and not to…
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Sitharaman flags downside risks to economy at IMF meet
New Delhi: Union Finance Minister Nirmala Sitharaman shared concerns on key downside risks to the economy owing to slowdown in growth…
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India to produce 25% of its oil demand by 2030: Hardeep Puri
Jaipur: Indian petroleum industry is at the cusp of opportunity and will be able to produce 25 per cent of its…
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Wholesale inflation falls to 18-month low in Sep to 10.7%
New Delhi: India’s wholesale price index or WPI-based inflation slid to an 18-month low of 10.7 per cent in September from…
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Technological transformation has led to good governance: FM
New Delhi: Finance Minister Nirmala Sitharaman has underlined the significance of technology transformation, which she said, was the main reason behind…
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India’s 99 new coal mine projects conflict with net zero by 2070: GEM
New Delhi: A temporary coal shortage has emboldened the Indian government to press ahead with plans to develop 99 new coal…
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Economic growth in India, China, Indonesia will be less affected: S&P Global Ratings
Chennai: Growth in large Asia Pacific economies like China, India and Indonesia will be less affected as their economies are more…
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India maintained post-pandemic growth momentum, says Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman has said that India has maintained accelerated growth momentum, after the contraction in 2020, by…
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Wipro announces Q2 results, IT services segment revenue up 8.4% YoY
Bengaluru: Leading technology services and consulting company, Wipro Ltd reported a Net Income of Rs 26.6 billion and Earnings Per Share…
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Surge in airfares ahead of festive season as demand goes up
New Delhi: Rise in domestic aviation traffic has led to a surge in the airfares ahead of the festive season. The…
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Zoho One platform sees 64% growth in India in 2 years
Chennai: Zoho Corporation on Wednesday said that its integrated platform Zoho One now supports 50,000 organisations across more than 160 countries…