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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RBI increases repo rate by 50 basis points
Chennai: As expected earlier, the Reserve Bank of India’s Monetary Policy Committee (MPC) increased the repo rate by 50 basis points…
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Delhi airport becomes 5G-ready ahead of rollout
New Delhi: Delhi’s Indira Gandhi International Airport, the country’s busiest and largest, is become 5G-ready, enabling passengers to use the world’s…
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Delhi HC grants bail to Chitra Ramkrishna, Anand Subramanian in NSE case
New Delhi: The Delhi High Court on Wednesday granted ‘statutory bail’ to Chitra Ramakrishna, the former CEO-MD of National Stock Exchange…
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Fly Blade to get Airbus helicopter, plans service in 10 states in 2 years
Chennai: Urban air mobility company Fly Blade India P. Ltd. is likely to get one H125 helicopter from Airbus this October/November,…
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Qatar Airways and British Airways complete expansion of airline joint business
New Delhi: Qatar Airways and British Airways have completed the latest phase in the expansion of their partnership, offering global connectivity…
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Vistara introduces a fully automated crew rostering solution
New Delhi: Aiming improved management of its over 2,500 cabin crew and pilots across the network, Vistara airline has implemented a…
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Veira Group infuses Rs 200 cr to boost Smart TV production in India, to hire 1,000
New Delhi: Homegrown original design manufacturer (ODM) Veira Group on Monday announced to invest a total of Rs 200 crore at…
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Hero Electric to set up Rs 1,200 cr EV plant in Rajasthan
Chennai: Electric two wheeler maker Hero Electric on Monday said it will set up a Rs 1,200 crore two million units…
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Interpol issues red notice for crypto firm Terraform founder Do Kwon
Seoul: Do Kwon, founder and CEO of Terraform Labs that wiped out investors’ money worth $40 billion, is now wanted by…
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Rupee ends 13 paise down against US dollar at 80.99
Mumbai: The Indian rupee on Friday ended 13 paise down against the US dollar, at 80.99, after hitting record lows during…
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Rupee slips first time below 81-mark against US dollar
Mumbai: The Indian rupee fell below 81-mark against the US dollar during the early morning trade for the first time against…
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Focus on achieving net-zero target for 2070, PM Modi tells states
New Delhi: Prime Minister Narendra Modi on Friday said that the focus of the country is on green growth and green…
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Defence Ministry signs MoU with Bank of Baroda, HDFC Bank to expand SPARSH initiative
New Delhi: The Defence Accounts Department of Ministry of Defence, signed a Memorandum of Understanding (MoU) on Wednesday with Bank of…
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India to see record smartphone sales worth Rs 61,000 cr this festive season
New Delhi: India is likely to witness record sales of smartphones this festive season, at around $7.7 billion (over $61,000 crore),…
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Moody’s withdraws rating of Kalyan Jewellers
Chennai: Credit rating agency Moody’s Investors Service on Tuesday said it has withdrawn Kalyan Jewellers India Limited’s (KJIL) B2 long-term corporate…
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Essar eyes commisioning of 4mtpa steel complex in Saudi Arabia by end-2025
Mumbai: In an interview to an international publication posted on social media, a senior executive of Essar said that the company…
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Bengal govt to give letter of intent on Tajpur port development to Adani Group
Kolkata: The West Bengal government will soon handover a letter of intent (LoI) to Adani Port & SEZ Limited for setting…
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Buzz of merger with Vistara as Air India wants to establish itself as world-class global airline
New Delhi: Amid the ambitious plan of the Tata owned Air India to raise its market share substantially to at least…
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Adani group’s market cap stands at 260 bn dollars, having grown faster than any company ever in India: Gautam Adani
New Delhi: Gautam Adani, Chairman, Adani Group has said the group’s market cap now stands at 260 billion dollars — having…
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Gross direct tax collections rise 30% in 2022-23, net direct tax collections up 23%
New Delhi: Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessing a growth…
