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MUMBAI: Outward remittances of international trade by Indians — for numerous functions together with kids’s training and international journey — dipped to almost $1.9 billion in Nov final 12 months – the bottom since February 2022’s $1.8 billion.Foreign exchange remittances…
BENGALURU: Excessive networth people and UHNIs aren’t solely turning to Indian startups to realize early entry to promising ventures, however they wield a considerable monetary clout to supply a lifeline to startups amid a funding winter. Over 9,000 tech HNIs…
SINGAPORE: Oil costs eased in early commerce on Tuesday as nervousness over the world demand outlook for oil offset geopolitical tensions within the Center East and provide worries following an assault on a Russian gasoline export terminal over the weekend.…
MUMBAI: IL&FS has approached the Nationwide Firm Legislation Tribunal in Mumbai to get better funds from its affiliate New Tirupur Space Improvement Company (NTADC), a three way partnership between the infrastructure firm and the Tamil Nadu authorities.NTADC was included to…
NEW DELHI: Finance ministry has notified 4 providers — book-keeping, accounting, taxation and monetary crime compliance — which might be supplied by means of models in IFSC or GIFT Metropolis, with tax advantages accessible to the entities.The finance ministry notification…
After two years of impasse in negotiations, Japan’s Sony Corp on Monday referred to as off its proposed $10 billion merger between its India unit and Zee Leisure Enterprises.Sony Corp’s 62-page merger termination discover got here simply when Zee had…
BENGALURU: Although all IT providers firms have mandated understanding of workplace for at the very least 2-3 days per week, just some are imposing it.Corporations like Infosys, HCL and Cognizant are nonetheless not strict about it. Workers say managers are…
MUMBAI: Just a few segments in unsecured retail loans present indicators of weak point which must be intently monitored by lenders, mentioned a report printed by RBI. It additionally famous that in bank card excellent, the place the rates of…
NEW DELHI: A pointy rise in home coal manufacturing and provide introduced down imports for mixing at energy vegetation by greater than 40% within the April-Dec interval of 2023 from the earlier corresponding interval despite a ten% improve in thermal…
NEW DELHI: IndiGo former CFO Aditya Pande would be the airline’s mother or father firm InterGlobe Enterprises’s (IGE) group CEO from March 1, 2024. Pande give up Udaan as CFO on Monday including to the rising checklist of top-level executives…