Monday, October 26, 2020

Swastik Bhattacharjee

Indian Exports Rise By 6% To Reach $ 27.8 Billion For September, Pharma Supplies And Readymade Garmets Drive The Rally

After contraction for six consecutive months, Indian exports pick up the pace and rose by 6 percent to $ 27.58 billion in September.  The government data that New Delhi released on Thursday points out that growth in shipments of...

Second Round Of Fiscal Stimulus Measures Won’t Impact Post Pandemic Recovery: Moody’s Reports

Credit rating agency Moody's said that the second round of fiscal stimulus measures that the government announced on 12th October will put the country’s credit-negative fiscal constraints up to focus and will limit the growth of the economy. Moody's...

Tata Sons To Acquire BigBasket In A $200 Million Deal, Post Investment Valuation To Reach $2Billion

The online retail market has seen unprecedented growth since the COVID-19 pandemic led lockdowns has hit the country. Reliance is raising funds and is seen fully aiming to enter the retail market. Tata follows them as they are also...

Infosys Reports 20.5% YoY Increase In Net Profits For Q2FY21, Promotions and Salary Hikes To Be Effected Across All Levels

Infosys on Wednesday reported of 20.5 percent year-on-year (YoY) increase in the net profit from the September quarter. Last year the company had posted ₹4,019 crore profit for the corresponding quarter. According to the report from the company, consolidated...

Reliance Industries Eyes Smart Electricity Meter Business In A Bid To Fulfill Government’s Aim To Replace 250 Million Conventional Meters

Reliance Industries Ltd (RIL), owned by the wealthiest man of India and the fourth richest man of the world is, according to reports, eyeing to enter the smart electricity meter market. According to reports, the conglomerate is trying to...

Startup Founders Move Competition Commission of India Against Google’s Anti-Competitive Policies In The Country

A group of 15 startup founders in a virtual conference with the Competition Commission of India (CCI) on Saturday appraised the regulator about Google’s anti-competitive policies in India, as reported by the news agency Mint. As per the report,...

“There Is No Necessity For Additional Steps Such As Blanket Loan Moratoriums Or Interest Waivers” Government Says To The Supreme Court of India, RBI...

The government has said to the apex court in India, the supreme court that there is no possibility of providing board based debt relief to different sectors. The government argues that the measures announced by the RBI till now...

Sun Pharma Recalls 747 Bottles Of Generic Diabetes Drugs After US Health Regulators Found Cancer Causing Nitrodimethylamine (NDMA), Stock Price Tanks To Record Low

According to a statement from the US health regulator, Sun Pharma, a major pharmaceutical company is having to recall 747 bottles of generic diabetes drugs in the US due to the possibility of the affected lot containing cancer-causing nitrosodimethylamine...

US Military Partners With SpaceX To Develop Groundbreaking Logistics Solution, To Engineer Rocket Capable Of Delivering 80 Metric Ton Cargo Worldwide In 1 Hour

Elon Musk join hands with the US military to build a rocket that is capable of delivering 80 metric tons of cargo anywhere in the world within an hour. During a virtual conference, Gen. Stephen Lyons, the head of US...

Reserve Bank of India Sets Issue Price For Latest Tranche Of Sovereign Gold Bonds, Customers To Pay ₹5,001 Per Gram Post Concession

The Reserve Bank of India has set the issue price of the latest tranche of sovereign gold bonds. The price has been fixed at ₹ 5,051 per gram. The seventh tranche of sovereign gold bonds would be open for...

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A student from Kolkata. Currently content creator at The Indian Wire.
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