Retail inflation declines to 7.04 percent in May, still above RBI’s upper limit of 6 percent

Retail inflation declines to 7.04 percent in May, still above RBI’s upper limit of 6 percent

India’s retail inflation declined moderately to 7.04% in May from a year ago when compared to an eight-year high of 7.8% in April. This is helped by a favourable base effect. Consumer prices, however, continued to breach the Reserve Bank of...

Most Rated Companies Have Buffers to Withstand Further 10-15% Rupee Depreciation, Says Moody's

Most Rated Companies Have Buffers to Withstand Further 10-15% Rupee Depreciation, Says Moody's

Moody's Investors Service has recently stated that most rated companies in India have buffers to withstand a further 10-15 per cent depreciation of the rupee. The rupee depreciated by 8 paise to close at 77.76 against the US dollar on...

Top 100 global firms' market cap reaches $31.7 trillion

Top 100 global firms' market cap reaches $31.7 trillion

The market capitalisation of the top 100 companies globally increased from $10.3 trillion to $31.7 trillion, an increase of 48 per cent, from March 2020 till March 2021, a new report has stated on Sunday. Apple topped the list with $2.85...

Chinese technology conglomerate Tencent buys stake worth $264 million in Flipkart from Binny Bansal

Chinese technology conglomerate Tencent buys stake worth $264 million in Flipkart from Binny Bansal

Chinese technology conglomerate Tencent has bought stakes worth USD 264 million (about ₹2,060 crore) in Flipkart from the company’s co-founder Binny Bansal through its European subsidiary, according to official documents....

Most Valued Companies Have Buffers to Endure Further 10-15% Rupee Depreciation: Moody's

Most Valued Companies Have Buffers to Endure Further 10-15% Rupee Depreciation: Moody's

Moody's Investors Service on Thursday said most rated companies in India have buffers to withstand a further 10-15 per cent depreciation of the rupee. The rupee depreciated by 8 paise to close at 77.76 against the US dollar on Thursday,...

RBI governor Shaktikanta Das states that businesses should avoid short-term reward-seeking culture

 RBI governor Shaktikanta Das states that businesses should avoid short-term reward-seeking culture

The Reserve Bank of India Governor Shaktikanta Das on Thursday has said that businesses should avoid having an aggressive short-term reward-seeking culture without considering the build-up of excessive risks in their balance sheets....

How Management and Strategy Consulting Can Help Start-Ups?

How Management and Strategy Consulting Can Help Start-Ups?

A start-up operates in constant uncertainty and has a limited number of resources at its disposal. Owing to these challenging circumstances start-ups often need the assistance of business start-up consultants to help them with management and...

Banks Should Adopt Customer-Centric Approach: Finance Minister Nirmala Sitharaman

Banks Should Adopt Customer-Centric Approach: Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said banks need to adopt customer-centric approach by understanding their needs and expectations. After the soft launch of Enhanced Access and Service Excellence-EASE 5.0, the minister said...

PM Narendra Modi set to introduce Biotech Startup Expo 2022 today

PM Narendra Modi set to introduce Biotech Startup Expo 2022 today

Prime Minister Narendra Modi will be inaugurating the Biotech Startup Expo - 2022 at Pragati Maidan, New Delhi on June 9 at 10:30 am, informed the Prime Minister's Office (PMO). Prime Minister Shri Narendra Modi will inaugurate the Biotech...

Indian economy projected to be $20 trillion by 2040, states Chief Economic Advisor

Indian economy projected to be $20 trillion by 2040, states Chief Economic Advisor

Indian economy is likely to cross $5 trillion in 2026-27 and likely to become $20 trillion by 2040, Chief Economic Advisor V Anantha Nageswaran said on Wednesday. Addressing an event organised by the Department of Economic Affairs, Nageswaran...

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