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Economy / Financial Express

HDFC Bank merger with HDFC takes Apr deal volume to record high of USD 46.3 bn: Report

The same number had stood at USD 12.91 billion in the year-ago period and USD 8.7 billion in 2020, the report by Grant Thornton Bharat said, making it clear that there are clouds of uncertainty in the deals landscape for the near-term.

26 May 2022 9:27 pm
Facebook to roll out updated privacy policy from July 26

Meta in its post said that it has rewritten and re-designed its privacy Policy to make it easier to understand and clearer about how it uses users' information.

26 May 2022 9:04 pm
e-Ashwa to expand decentralised co-assembly units across India

e-Ashwa aims to work with like-minded partners to use the brand name in the given territory and offer free approvals on manufacturing and selling vehicles.

26 May 2022 8:31 pm
Pristyn Care launches CARES initiative

The five patient-first principles aims to provide the highest standard of healthcare

26 May 2022 8:30 pm
Moodys upgrades Bharti Airtel rating on improving profitability

Bharti's Baa3 rating considers the company's position as one of the largest telecom service operators globally in terms of subscribers (491 million), its solid market position in India's high-growth mobile market and its large spectrum holdings, a statement by Moody's said.

26 May 2022 8:22 pm
Delhi Capitals partners with FanCraze to launch digital collectibles and NFTs

The partnership with Delhi Capitals will allow FanCraze to further accelerate its foray into play-to-earn gaming

26 May 2022 8:19 pm
Stellantis ropes in Rahul Rajupalepu to lead Global Digital Hub in India

In his new role, he will be responsible for leading and driving the business growth of the Centre to accelerate digital transformation initiatives and build deep technology expertise for Stellantis globally.

26 May 2022 8:10 pm
Broadcom to buy VMware for USD 61 billion in big tech tie-up

Broadcom wants to establish a stronger foothold in the cloud computing market and VMware's technology allows large corporations to blend public cloud access with internal company networks.

26 May 2022 8:05 pm
With Modi on stage, MK Stalin demands Tamil be declared official language like Hindi; PM says Tamil language eternal

The DMK, which came to power in Tamil Nadu last year, has long demanded official and administrative language status for Tamil.

26 May 2022 7:52 pm
Indian teachers making good use of ed-tech tools, reveals UK study

The research entitled 'Effective Assessment and Progress Monitoring in an Online Environment' was conducted in six countries including India, Bangladesh, Nigeria, Pakistan, Philippines, and South Africa.

26 May 2022 7:49 pm
26 May 2022 7:27 pm
Antara Jewellery pays homage to women through its latest campaign Diamond Diva

Through the campaign, the brand highlights the spirit of womanhood by showing how women are each others support system in challenging situations

26 May 2022 7:27 pm
No seats for MPs: Why Ex-Union Minister Harsh Vardhan walked out of Delhi L-Gs oath-taking ceremony Watch

The Chandni Chowk MP said in a tweet that he was asked by an officer to vacate the seat, stating that it was reserved.

26 May 2022 7:20 pm
Bengal Assembly to introduce bill to make CM chancellor of state-run universities

According to Bratya Basu, the state cabinet gave its nod to the proposal during the day.

26 May 2022 7:14 pm
IFFA 2022: The new date for the three-day event announced check details

The event was suspended in 2021 due to the Covid pandemic, but is all set to make a comeback.

26 May 2022 7:13 pm
Falling rupee hits students studying abroad: Heres how to manage your finances

With the depreciation in rupee, the dream of studying in foreign universities would become a distant one for the aspiring students.

26 May 2022 7:10 pm
RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays

The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band of 2-6 per cent, the economists at Barclays said.

26 May 2022 7:07 pm
US Stocks: Wall Street set for higher open on earnings optimism

The data is supportive of laying the groundwork for a potential dovish pivot several months from now, said Thomas Hayes, chairman of Great Hill Capital.

26 May 2022 6:58 pm
Digimaze bags the performance marketing mandates for Just Watches and Cottonworld

The agency's goal is to create effective performance marketing campaigns for both companies with the goal of scaling up and increasing revenue

26 May 2022 6:53 pm
Dairy sector to see 11-12 pc revenue growth in FY23 aided by value-added products: Report

This revenue growth will be driven by a healthy demand for VAP (28 per cent of overall sales), even as sales of liquid milk stays steady and the full-year benefit of retail price hikes implemented last fiscal is realised, it noted.

26 May 2022 6:44 pm
97% teachers have job satisfaction, 92% believe in professional development, reveals MoE survey

Over five lakh teachers of 1.18 lakh schools in 720 districts participated in the survey.

26 May 2022 6:41 pm
No one can stop change at national level: KCR hits back after PMs family-run parties remark

There'll be a change at the national level and nobody can stop it. Tribals, farmers and the poor aren't happy in the country. Industries are getting closed, GDP is crashing, inflation is rising and Rupee's value is falling, KCR told reporters in Bengaluru, when asked about PM Modi's remarks targeting him on dynasty politics.

26 May 2022 6:40 pm
Wunderman Thompson India and Sanlaap asks people to Snap the supply chain of human trafficking

The agencys latest outdoor campaign aims to make people aware of the problem of human trafficking

26 May 2022 6:37 pm
Labour participation rate higher in rural India: CMIE

LPR, defined as the number of persons of the labour force employed as a percentage of working age population, is 40.9 in rural India as compared to 37.4 in urban India during the period January to April 2022.

26 May 2022 6:33 pm
Chip shortage, China lockdown cause production delays, iPhone 14 flagship may miss Apples launch date

Any delay in the availability of any model is unlikely to prompt Apple to change the timing of its late-September keynote.

26 May 2022 6:30 pm
Shift towards SaaS has moved SMEs maturity needle to break status quo, experiment, and even risk failure

Technology for MSMEs: SaaS enables small businesses to get immediate access to apps rather than investing large capital upfront in building sophisticated custom solutions or buying enterprise software licenses on a per-seat basis.

26 May 2022 6:29 pm
Govt drops offer to sell 53 pc stake in BPCL as most bidders express inability to participate

The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expressions of Interest (EoIs) from bidders in March 2020. At least three bids came in by November 2020.

26 May 2022 6:23 pm
26 May 2022 6:11 pm
RBI reduces net-worth requirement for non-bank Bharat Bill Payment units to Rs 25 crore

At present, a net worth of Rs 100 crore is required to obtain authorisation for a non-bank BBPOU (Bharat Bill Payment Operating Units).

26 May 2022 6:08 pm
Govt relaxes norms for ministries in bid to push public expenditure

Ministries or departments are now permitted to utilise the unspent balances from Quarterly Expenditure Plan (QEP) for the first and second quarter within a financial year under intimation to the Budget Division for cash management purposes, according to an office memorandum issued by the Budget Division of the Finance Ministry.

26 May 2022 6:00 pm
EVs to account for 10% of BMW India sales by 2023: Report

BMW is anticipating electric vehicle sales to cross 10 percent mark of its total car sales in India by 2023.

26 May 2022 5:58 pm
US Stock market holiday list and market timings 2022: Know them before market opens

Nasdaq has a total of nine US stock market holidays and one market half-day holiday in 2022.

26 May 2022 5:52 pm
Punjab, UK agree for further tie ups in higher education, information technology

During the meeting, it was agreed that there is a huge potential of collaboration between Punjab and the UK in these sectors.

26 May 2022 5:49 pm
Interglobe, UPS to launch new logistics brand Movin in India

Movin is expected to build technology-backed solutions that will link companies across the country to international businesses with speed, reliability and enhanced digital customer experience.

26 May 2022 5:49 pm
Motorola E32s budget phone launched with 90Hz display, Helio G37: Price, specs

It appears to be a slight tweaked version of the Moto E32 which was launched only recently

26 May 2022 5:45 pm
India will ramp up foodgrain production, committed to help in global food crisis: Mansukh Mandaviya

However, with such a big population, our own need for foodgrains is much higher. However, we will ramp up our production and it is my humble request that all other countries should also do the same and all responsible countries should come together to tackle the food crisis,'' the minister said at the World Economic Forum Annual Meeting here.

26 May 2022 5:45 pm
Astral ropes in Allu Arjun as brand ambassador

With this partnership, the company aims to expand and solidify Astrals piping vertical in the southern markets

26 May 2022 5:39 pm
SBI economists peg Q4 GDP growth at 2.7 pc, FY22 expansion at 8.5 pc

They were, however, quick to add that it is difficult to comprehend the numbers due to the spate of revisions that we have seen till now and termed this situation as a forecaster's nightmare.

26 May 2022 5:25 pm
Amrita Vishwa Vidyapeetham develops worlds first synthetic jaw-bone graft, gets nod for clinical trial

During a press conference on Thursday, the doctors informed that the clinic trial, which entails testing on ten patients, will be conducted at Amrita School of Medicine and Amrita School of Dentistry, Kochi. The doctors informed that it is expected to be completed in 2 years.

26 May 2022 5:24 pm
Sedition law on hold, HC permits Sharjeel Imam to approach trial court for bail

The former Jawaharlal Nehru University (JNU) student was slapped with UAPA for allegedly giving inflammatory speeches at Delhis Jamia area and Aligarh Muslim University in UP. He was subsequently charged with sedition by a Delhi court.

26 May 2022 5:23 pm
Every dollar of investment in social jobs to generate 2.3 times returns

The report said that the associated increases in productivity, increased GDP and tighter labour markets will lead to a parallel increase in real wages.

26 May 2022 5:09 pm
Hero Cycles launches new MTB and Hybrid range starting at Rs 10,000

Hero Sprint, a brand of Hero Cycles Ltd., today launched its newest range of cycles - Hero Sprint powered by GEMTECTM.

26 May 2022 5:08 pm
S-VYASA launches Disease-Free India initiative across India

The program will see participation from international speakers and doctors including Dr. Chenchen Wang, Director, Tufts Medical Center, Boston, MA, Dr. Lorenzo G Cohen, The University of Texas, Dr. Deanna Minich, University of Western States, Portland, Dr. Darshan Mehta, Medical Director, Massachusetts General Hospital, Boston, USA, Dr. Sanjay Raghav, Monash University, Australia and others.

26 May 2022 5:05 pm
Fake reviews on e-commerce sites under Centres radar, meeting with stakeholders on May 27

The discussions will be broadly based on the impact of fake and misleading reviews on consumers and possible measures to prevent such anomaly.

26 May 2022 4:59 pm
Honeywell, Narayana Health join hands to explore co-creation of healthcare technologies

Honeywell and Narayana Health will work towards co-innovation and introduction of new products, establish technology development centres.

26 May 2022 4:54 pm
Becoming crorepati by investing in mutual funds? Radhika Gupta says, Yes, you can; but be consistent first

In the recent edition of FE.com's Manage Your Money, Radhika Gupta said she thinks young investors, early in their careers, can become a crorepati, but they will have to start with a meaningful amount and a long term view of 15 to 20 years.

26 May 2022 4:53 pm
Biliti inducts former CEO of Transdev North America to its Board of Directors

Biliti plans to set-up a 240,000 unit per annum electric three-wheeler manufacturing plant in Telangana India.

26 May 2022 4:52 pm
TCS partners with Deakin University to co-develop corporate learning program

The programme is designed to address specific capability gaps in non-IT decision making and leadership positions.

26 May 2022 4:50 pm
Flexi-cap funds see Rs 35,877 crore inflow in FY22, best among equity categories

While large-cap funds experienced a net inflow of Rs 13,569 crore for the entire 2021-22, inflow for mid-cap funds stood at Rs 16,308 crore.

26 May 2022 4:49 pm
CHUPPS raises $1.5 million in Pre-Series A round

The brand appointed Soumitra Dutta to its board of advisors

26 May 2022 4:46 pm