Tag: business news
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Sensex rises 362 points after monetary review
(Deepshikha Gautam, Intern Journalist) Mumbai: The BSE Sensex climbed 362 points on Thursday amid signs of the Reserve Bank of India not changing policy rates in the monetary policy review and continuing a soft stance to encourage growth. The 30-share BSE Sensex had climbed to 558 points at one time during the days trading. In…
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Canara Bank made loan cheaper
(Deepshikha Gautam, Intern Journalist) New Delhi: Canara Bank on Thursday cut its fund’s marginal cost-based interest rate by 0.30% for various periods. Canara Bank reported that it has been reduced to 7% with a reduction in lending rates of 1 day and 1 month by 0.20%. The three months MCLR has been reduced from 7.45%…
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Reliance is the second-largest brand in the world
(Deepshikha Gautam, Intern Journalist) New Delhi: The future brand index of the Reliance industry, led by industrialist Mukesh Ambani, is the second-largest brand in the world after apple in 2020. The reliance industry is a major player in the refinery, retail, and telecom sectors. Apple tops the list while Samsung is at the third place,…
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Byju acquires White Hat Junior
(Deepshikha Gautam, Intern Journalist) Mumbai: Education technology firm Byju has acquired WhiteHat Junior, a startup company. Byju has paid the US $ 300 million (about 2240 crores) for this acquisition. Whitehat Junior works to increase coding skills in children. According to a report, coding for children is emerging as a major skill in the future…
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Gold and Silver Rates Increase
(Deepshikha Gautam, Intern Journalist) New Delhi: Gold and silver prices in India rose further today. October gold futures on MCX rose 0.35 percent to Rs. 55,290 per 10 grams. At the same time, the silver futures of September rose by 1 percent to 72,600 Rs. Per Kg. In the previous session, gold rose by 1…
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Vietnam objected to Paracel Island laying cable under China’s sea
Vietnam objected to China’s recent cabling in the disputed Paracel Islands, saying it was a violation of Vietnamese sovereignty. Radio Free Asia (RFA) quoted the Vietnamese Foreign Ministry as saying that the country has deployed a Coast Guard vessel to another contested island chain in the South China Sea in an apparent response to the…
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Yogi government’s 20 lakh employment plan
( Kajal Singh intern journalist):Workers stranded in other states are returning to their states due to the Corona crisis. The biggest problem facing workers is employment. Workers are returning to Uttar Pradesh on a large scale. The state government has now started preparing a strategy to give employment to these workers in the state. Actually,…
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Zero Net Debt Target Expected ahead of March 2021.
(Pooja Pal, Intern Journalist): Mukesh Ambani’s target to reach zero net debt regarding oil, telecom, and retail conglomerate expected ahead of March 2021. Asia’s richest man-Mukesh Ambani has hastened the timeframe to annihilate $21billion in net debt at his Reliance Industries Ltd., looking for to repeal cynicism that emerged as consultations to vend a stake…