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India's Forex Reserves Up By $3.6 Billion To $405.64 Billion
As per the data from the Reserve Bank of India (RBI) indicated that there has been a surge in forex reserves by$3.6 billion to $405.64 billion as on March 15. In the earlier week, the reserves also have been reported

Tata Motors To Hike Passenger Vehicles Prices By Up To Rs 25,000 From April
On Saturday, Tata Motors said that it will increase prices of its passenger vehicles range by up to Rs 25,000 starting April due to a rise in input costs and external economic conditions. The statement comes after Toyota and Jaguar

Tech Mahindra Emerges As Only Top Indian Digital Company
Globally, among the top digital companies, the only Indian company that made it to the list is Tech Mahindra led by Anand Mahindra. The data has been revealed by Spectator Index. On the list, the companies made it to the list

New Delhi's Indira Gandhi International Airport Now World's 12th Busiest
New Delhi's Indira Gandhi International Airport (IGIA) moved four spots to become the 12th busiest airport in the world for 2018. In the previous year, it was named the 16th busiest airport and overtook mega-hubs like Frankfurt, Dallas Forth Worth, Guangzhou,

PF Calculation Sheets To Be Provided On EPF Claim Settlement
To provide greater transparency to its members, the pension fund body EPFO has decided to introduce a mechanism wherein at the time of PF withdrawal will give worksheet on PF calculation. This is done to reduce grievance of subscribers

12 Jet Airways International Flights Suspended Till 30 April
Struggling with reduced fleet strength, Jet Airways has suspended 12 international flights according to an IANS report citing industry insiders on Friday. The agency's sources said that the airline has suspended services to locations like Hong Kong, Abu Dhabi, Dammam, Riyadh,

Govt Surpasses Disinvestment Target For FY19 By Rs 5,000 Crore
On Friday, the government said that it has exceeded its disinvestment target for the current fiscal year 2018-19 by Rs 5,000 crore. Disinvestment proceeds have touched Rs 85,000 crore. The government's target was set at Rs 80,000 crore. "As against a

Uber Picks NYSE For Its IPO; Could Be One Of 5 Biggest Listings In History
Transportation network company Uber Technologies has decided to opt for NYSE (New York Stock Exchange) over the tech-heavy Nasdaq for its upcoming initial public offering (IPO), according to a Bloomberg report citing sources. Further, a Fortune magazine reported said that Uber's

Fitch Ratings Cuts India's GDP Growth Forecast To 6.8% For FY20
On Friday, Fitch Ratings cut India's economic growth forecast for the next financial year 2019-20 to 6.8 percent from its previous estimate of 7 percent on weaker than expected outlook. "While we have cut our growth forecasts for the next fiscal

SpiceJet Shares Jump 14% To Hit 8-Month High
Shares of SpiceJet rallied as much as 14.2 percent on Friday morning to an intraday high of Rs 104.70 apiece, its highest price since July 2018. As per Bloomberg data, trading volume was around 40 times its twenty-day average for the

IMF Says India Is One Of The Fastest Growing Large Economies But Needs Reforms
The International Monetary Fund (IMF) said that India has been one of the fastest growing large economies in the world, asserting that despite the several key reforms carried out by the country in the last 5 years, more needs to be

LPG Rates Hiked For The First Time So Far This Year
As against the recent hike, the earlier revision in LPG or liquefied petroleum gas rates has been on a downward side. As per data from Indian Oil Corporation's website - iocl.com, from March 1, subsidized and non-subsidised LPG cylinders are

What Does Fed Reserve's Rate Pause Mean For Indian Equities?
After its March meeting, USA's Federal Reserve on Wednesday said that it will leave its key interest rates unchanged. It also said that it is projecting no rate hikes for 2019. Further, the American central bank forecasts the US economic growth

Debit Card Issuance Increases; ATMs Decrease Across The Country
While there has been a steady increase in debit card issuance over the last 10 months of the fiscal year, the same is not in sync with ATM machine expansion, i.e. the number of ATMs have infact come down heavily, resulting

EClerx Services Buyback Offer: Know The Details
EClerx has given a nod to buyback 16,37,500 fully paid-up shares of face value Rs. 10 each, which is equal to 4.24% of the total outstanding shares. The buyback price has been fixed at Rs. 1,600 for a share, which is


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