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Fresh formal job creation touches 9 month high in June, shows EPFO data
Business

Fresh formal job creation touches 9 month high in June, shows EPFO data

Posted on: August 21, 2023

[ad_1] The creation of fresh formal jobs increased for the third consecutive month in June, reaching a nine-month high, signalling a sustained recovery in the labour markets […]

Rupee expected to weaken more to touch $83.5, may improve in Sept
Business

Rupee expected to weaken more to touch $83.5, may improve in Sept

Posted on: August 20, 2023

[ad_1] The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar […]

About 55 million might opt for new tax regime, says revenue department
Business

About 55 million might opt for new tax regime, says revenue department

Posted on: August 20, 2023

[ad_1] Around 55 million income taxpayers may have opted for the new tax regime for the ongoing financial year, according to revenue department’s preliminary estimates. Most […]

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city
Business

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city

Posted on: August 20, 2023

[ad_1] Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer […]

Volume & margins grow as inflation moderates, small players make comeback
Business

Volume & margins grow as inflation moderates, small players make comeback

Posted on: August 20, 2023

[ad_1] The FMCG industry witnessed growth in volume and expansion in gross margins in the June quarter aided by moderation in inflation which also boosted small players […]

Centre approves release of Rs 200 cr to rain-battered Himachal Pradesh
Business

Centre approves release of Rs 200 cr to rain-battered Himachal Pradesh

Posted on: August 20, 2023

[ad_1] The Centre on Sunday approved the release of Rs 200 crore from the National Disaster Response Fund as advance assistance to Himachal Pradesh to help the […]

M-cap of seven of 10 firms declines by Rs 80,200 cr; TCS biggest laggard
Business

M-cap of seven of 10 firms declines by Rs 80,200 cr; TCS biggest laggard

Posted on: August 20, 2023

[ad_1] The combined market valuation of seven of the top 10 valued firms declined by Rs 80,200.24 crore last week amid a weak trend in equities, with […]

ONGC Videsh secures 3-yr extension for Vietnam oil block in South China Sea
Business

ONGC Videsh secures 3-yr extension for Vietnam oil block in South China Sea

Posted on: August 20, 2023

[ad_1] India’s flagship overseas firm ONGC Videsh Ltd (OVL) has secured another three-year extension to explore oil and gas in a Vietnamese block in the contested waters […]

Vegetable prices likely to cool down next month, says FinMin official
Business

Vegetable prices likely to cool down next month, says FinMin official

Posted on: August 20, 2023

[ad_1] The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices […]

With margins back to pre-Covid level, Hero Moto targets enhanced mkt share
Business

With margins back to pre-Covid level, Hero Moto targets enhanced mkt share

Posted on: August 20, 2023

[ad_1] With its margins back to pre-Covid levels, Hero MotoCorp is now looking at sustainable growth, enhancing market share across segments on the back of new product […]

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