News Overview

Fed has raised rates by 150 bps since March taking the Fed rates to the range of 1.50% to 1.75%.

Fitch has also affirmed the Government Support Ratings (GSRs) for seven of these banks.

Kudos manufactures speciality chemicals used as beverage and pharmaceutical ingredients.

Business Wire India True Global Ventures 4 Plus (TGV4 Plus) Fund today announces its first closure of its US$146m Follow On Fund.   The TGV4 Plus Follow On Fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than US$62m of their money into the fund. This is a total GP commitment of over 40% […]

The project is situated in Pimpri Chinchwad, Pune.

Under the Income-tax Act of 1961, the Cost Inflation Index is used to compute the "indexed cost of acquisition" for computing capital gains on the sale of any capital asset.

The key equity indices sharply pared early gains in morning trade. The Nifty traded below the 15,750 level. Private bank stocks witnessed some bit of bargain buying after declining in the past four sessions. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 194.49 points or 0.37% to 52,735.88. The Nifty 50 index added 44.45 points or 0.28% to 15,736.60. In the […]

Merchandise exports grow by 20%; Services exports up 30%.

Business Wire India At the ProcureCon Marketing EU Conference on June 15th in London, Havas unveiled its “Meaningful Brands Special Report: The Client-Agency Relationship Barometer,” a first-of-its-kind research report examining how agencies can become more meaningful, long-term partners amid ongoing disruption brought on by the global pandemic, supply chain issues and shifts in technology and data.   “The Client-Agency Relationship Barometer” is a special report […]

The GST Council is expected to convene before the end of the month to consider the GoM interim report on rate rationalisation, among other things.