News Overview

Indias foreign exchange reserves declined by $8.062 billion to a 15-month low of $580.252 billion in the week ended 8 July 2022, according to the Reserve Bank of Indias Weekly Statistical Supplement released on Friday, 15 July 2022. During the reporting week ended 8 July 2022, the decrease in the reserves was on account of a fall in the Foreign Currency Assets (FCA), a major […]

Affle India Ltd, West Coast Paper Mills Ltd, Nilkamal Ltd and BF Utilities Ltd are among the other gainers in the BSEs A group today, 18 July 2022.

Legal representatives of some resident Indians argued before Swiss courts that the Indian tax office cannot tax the recipients in the absence of any financial distribution from foreign trusts, hence such personal financial information is irrelevant.

Under this MoU, JCB will be nominating Karnataka Bank as its "preferred financier".

An agreement was reached on Saturday between the Reserve Bank of India and Bank Indonesia to increase collaboration in payment systems, digital financial innovation, anti-money laundering, and countering the funding of terrorism (AML-CFT).

ICICI Prudential Life Insurance Company reported a consolidated net profit of Rs 156 crore for Q1 FY23 as compared to a loss of Rs 186 crore for Q1 FY22, primarily due to significantly lower claims and provisions due to COVID-19.

Global Grains Export Quotes Quotes as on 7 July 2022, annual change in percent WHEAT US – HRW (Gulf) $372, 29% EU France Grade 1 (Rouen) $353, 41 MAIZE (CORN) US – 3YC (Gulf) $313, 9 BARLEY EU – France (Rouen) $305, 27 SOYABEANS US – No.2 (Gulf) $612, 8, Argentina (Up River) $581, 6 RICE Thailand 5% Broken $408, 1Powered by Commodity Insights

Aviation industrys first cloud-connected cockpit system

Quantum of bank loan facilities increased from Rs1500 crore to Rs4500 crore

Maruti Suzuki today announced the launch of the new S-Presso with Next Gen K-Series 1.0L Dual Jet, Dual VVT engine with Idle-Start-Stop technology. The New S-Presso offers enhanced fuel-efficiency of 25.30 Km/l in Vxi(O)/Vxi+(O) AGS, 24.76 km/l in Vxi/Vxi+ MT and 24.12 km/l in Std/Lxi MT. The new S-PRESSO now has ESP with Hill Hold Assist across all AGS variants and electrically adjustable ORVMs (Outside […]