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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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…
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Global economy in its steepest slowdown since 1970: World Bank
Washington: Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has…
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Samsung expects 45% sales growth in consumer electronics in festive season
New Delhi: Riding on its premium segment offerings, Samsung on Friday said it expect 45 per cent growth in its consumer…
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Indigo far ahead of other airlines with 57.7% market share in Aug, Vistara stays No 2
New Delhi: Indigo flew ahead of other airlines during August with 57.7 per cent share in the domestic aviation sector, while…
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Gautam Adani surpasses Jeff Bezos; Becomes world’s second richest person
New Delhi: For a brief period today, Gautam Adani became the world’s second richest person. With a net worth $154.7 billion,…
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Mukesh Ambani donates Rs 1.5 cr to TTD
Tirumala: Reliance Industries Managing Director Mukesh Ambani on Friday donated Rs 1.5 crores to the Tirumala Tirupati Devasthanam (TTD), which…
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India to roll out its first Hydrogen powered train on next Independence day: Vaishnaw
Bhubaneswar: India will roll out its first hydrogen-powered train, designed, developed and manufactured indigenously, on the next Independence day, Union…
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ECIL adds new client to its portfolio by winning Rs 97 cr contract from Jindal Stainless
New Delhi: In a social media post, Essar Constructions India Limited has claimed to have added Jindal Stainless Ltd. as its…
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Equities end down on sell-off in IT, pharma stocks
Mumbai: Benchmark indices ended sharply down on Wednesday with Sensex closing over 400 points down and Nifty over 100 points down,…
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Indian pharma industry likely to grow to $130 bn by 2030
Hyderabad: The Indian pharma industry is expected to grow to $130 billion by 2030 and become the leading provider of medicines…
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Kerala HC seeks State Attorney’s reply on contempt petition of Adani Ports
Thiruvathapuram: The Kerala High Court on Thursday asked the State Attorney to respond to Adani Port’s contempt petition against the state…
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BYJU’S clocks Rs 10,000 cr sales in FY22, Raveendran to double down on growth
New Delhi: Edtech major BYJU’S on Wednesday finally revealed its financial results for both FY22 and FY21, clocking gross revenues of…
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Russia-India trade more than doubles this year, says Kremlin ahead of SCO summit
Moscow: Ahead of the Shanghai Cooperation Organization (SCO) Summit this week where Russian President Vladimir Putin will meet Indian Prime Minister…
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BYJU’s logs nearly Rs 10K crore revenue in FY22, tops estimates
New Delhi: While all eyes are on BYJU’s much-awaited FY21 financial results that were set to be revealed on Wednesday, the…
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Maha jolt: Vedanta-Foxconn goes to Gujarat, Fadnavis goes to Russia, MVA goes livid
Mumbai: Barely six weeks after Maharashtra claimed to have beaten at least 5 states to win the Vedanta Group-Foxconn’s stupendous Rs…
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Gujarat partners with Vedanta, Foxconn to set up semi-conductor, display manufacturing units
New Delhi: The Gujarat government has partnered with Vedanta and Foxconn aiming an investment of Rs 1.54 lakh crore to achieve…
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Many nations showing interest in rupee trade: Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday said many countries have shown interest in having rupee trade with India.…
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Inflation, supply chain disruption major risks for emerging Asia: Moody’s
Chennai: Inflation and supply chain disruptions are the biggest risks over the next 12-18 months in emerging Asia, according to an…
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Centre plans $2.5 bn compensation to oil companies
New Delhi: Aiming to shore up huge quarterly losses incurred by state-owned oil marketing companies (OMCs) like Indian Oil Corporation, Hindustan…
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Sanjay Khanna appointed CEO of American Express India
New Delhi: American Express Banking Corp (AEBC) on Monday announced the appointment of Sanjay Khanna as the Chief Executive Officer (CEO)…
