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Govt bans onion exports to keep prices in check

Dec 8, 2023

New Delhi, Dec 8 (IANS) The government has banned exports of onion till March next year in order to increase domestic availability so that prices do not spin out of control."The export policy for onions is amended from free to prohibited till March 31, 2024," the Directorate General of Foreign Trade (DGTF) said in a notification.The DGFT, however,…

Small and midcap stocks at historical peak valuations versus Nifty

Dec 8, 2023

Mumbai, Dec 8 (IANS) Small and midcap (SMID) stocks have outperformed Nifty over the last 11 months. The outperformance versus Nifty is about to hit the cyclical historical peaks, DSP Mutual Fund said in a report.Historically, small and…

Business

Google rolls out ‘migration’ tool ahead of its Podcasts’ shutdown in April 2024

Dec 8, 2023

San Francisco, Dec 8 (IANS) Ahead of the discontinuation of Google Podcasts in the US as early as April 2024, the tech giant has rolled out a new tool that allows Google Podcast listeners to migrate their subscriptions from there to YouTube…

Business

Private Investment Key to Sustaining High Growth Rates : Dr. Anantha Nageswaran, CEA

Dec 8, 2023

New Delhi, 08 December 2023: Addressing the 96th Annual Convention and Annual General Meeting of FICCI, Dr. V Anantha Nageswaran, Chief Economic Advisor to the Government of India, stated that "India's growth engine can become faster and…

Business

CBDC has the potential to reduce cross-border transaction cost to 2- 3%: Secretary, Department of…

Dec 8, 2023

NEW DELHI, 08 December 2023: Addressing FICCI’s 96TH Annual General Meeting and Annual Convention, on the theme- ‘The World’s Growth Engine’, Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, Govt of India, said…

Business

Govt working on Jan Vishwas Bill 2 to increase ease of compliance for industry: Piyush Goyal at…

Dec 8, 2023

New Delhi, 08 December 2023: Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles today while addressing the inaugural session of ‘FICCI’s 96th Annual General Meeting and Annual…

Business

Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers: Report

Dec 8, 2023

New Delhi, Dec 8 (IANS) The Tata Group is planning to build one of India's largest iPhone assembly plants in Tamil Nadu's Hosur, media reports said on Friday. According to the reports, the facility is expected to feature around 20 assembly…

Business

Nifty logs longest weekly gaining streak in 3 years

Dec 8, 2023

Mumbai, Dec 8 (IANS) Nifty rose for the sixth straight week on Friday, up 3.46 per cent - the largest gain since July 2022. In the process, Nifty logged the longest weekly gaining streak in three years, said Deepak Jasani, Head of Retail…

Business

Wipro’s chief growth officer Stephanie Trautman steps down

Dec 8, 2023

New Delhi, Dec 8 (IANS) IT major Wipro on Friday announced that its Chief Growth Officer Stephanie Trautman will step down from her role, effective December 31.Based in the US, Trautman led Wipro’s relationships with hyper-growth partners,…

Business

Infra projects worth Rs 15K cr taken up at high-level meet under PM Gati Shakti

Dec 8, 2023

New Delhi, Dec 8 (IANS) A high-level Network Planning Group (NPG) meeting under PM Gati Shakti national master plan took up four infrastructure projects worth Rs 15,000 crore for discussion on Thursday. These included two railway line…

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