Foxconn, which produces iPhones on contract, has crossed $10 billion in India by 2024. Company chairman Young Liu gave this information. According to the company, Foxconn has so far invested $1.4 billion in India. Liu said, “As of last year, we have done a business of more than $10 billion. We will do a lot […]
Bank Holidays on Raksha Bandhan: Raksha Bandhan festival will be celebrated across the country on Monday, August 19. There is a government holiday in many states on this day. At the same time, offices will remain open in many states. If you have to settle bank related work on Monday, then first know whether banks […]
The Indian stock market continues to fluctuate, but the IPO market is quite strong. In the coming week, four companies are going to bring their IPOs, out of which two are mainboard and two are SME IPOs. Mainboard IPOs of Orient Technologies and Interarch Building will come. While Brace Port Logistics and Forcas Studio will […]
First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath said on Saturday that India is lagging behind the G-20 countries in terms of job creation. She further said that considering the population growth, the country needs to create 14.8 crore additional jobs by the year 2030. She said in the Diamond Jubilee […]
Finance Minister Nirmala Sitharaman said on Saturday that developing economies are being hindered in achieving the Sustainable Development Goals (SDGs) due to low access to developmental finance. In this regard, she stressed the need to urgently overcome the annual financing gap of US $ 4,000 billion. At the third ‘Voice of Global South’ conference held […]
Due to the controversial firewall system being implemented by the government in Pakistan, slow and irregular internet services in Pakistan may cause a large scale exodus from the country. Pakistan Business Council (PBC) and Pakistan Software Houses Association (PSHA) have given this warning. This warning has come at a time when a few months ago […]
BSA Goldstar 650: Mahindra Group-owned iconic motorcycle brand BSA on Thursday made its India debut by introducing the 652 cc Gold Star 650 model. It is priced at Rs 2.99 lakh in showrooms in Delhi. Birmingham Small Arms Company (BSA), one of the oldest motorcycle companies in the world, was acquired by Mahindra Group’s premium […]
State Bank of India (SBI) and Punjab National Bank (PNB) on Thursday said they were hurt by the surprise decision of the Karnataka government to stop all transactions with them. They said on Thursday that they are in talks with the state government for an “amicable solution” to the matter. In the first official comment […]
India’s edible oil imports declined marginally by 1.6 per cent to 119.35 lakh tonnes in the first nine months (November-July) of the marketing year 2023-24. According to the Solvent Extractors Association of India (SEA), imports of cooking oils stood at 1,19,35,227 tonnes during the period November 2023-July 2024. Whereas it was 1,21,22,711 tonnes in the […]
The Telangana government on Thursday launched the third and final phase of crop loan waiver at a cost of Rs 5,644.24 crore. This will benefit more than 4.46 lakh farmers. As per its election promise, the Congress government started the process of waiving loans up to Rs 2 lakh in three phases from July 8. […]
Budget airline SpiceJet has suffered a major setback in the first quarter. The airline on Wednesday reported a 20% drop in consolidated profit for the April-June quarter. This is because the financial crisis affected its operation. The airline’s profit stood at Rs 158.75 crore in the first quarter of FY25, as against Rs 197.58 crore […]
The adjusted gross revenue (AGR) of telecom companies has increased by 8.24 percent to Rs 2.7 lakh crore in the last financial year 2023-24. The government collects spectrum and license fees on the basis of AGR. The AGR of telecom companies was Rs 2.49 lakh crore in the financial year 2022-23. According to the Performance […]
Bank Holidays: The state government has given good news to the bank employees of Madhya Pradesh. Chief Minister Dr. Mohan Yadav has approved leave for the officers and employees working in the banking sector under the “negotiable instruments act, 1881” on the occasion of Rakshabandhan on 19 August and Shri Krishna Janmashtami on 26 August. […]
There is good news for those who have been waiting for a long time for the reduction of EMI of other loans including home loan, car loan. The way has been cleared for their EMI to be reduced in the coming days. In fact, retail inflation in the US came down to a more than […]
If you have to catch a flight from Delhi Airport on August 15, then there is important news for you. According to an official, non-scheduled flights will not be allowed to take off or land at Delhi Airport during the specified time on August 15. According to PTI news, restrictions will be in place on […]
Vodafone Idea Ltd. (VIL) said on Tuesday that the Center has to decide what to do about its stake in the company. The company has nothing in its hands in this regard. The company has said this amid reports that the government has possibly sought suggestions from some government funds to sell its stake in […]
