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Second round of food price shocks? MPC members in wait-and-watch mode
Business

Second round of food price shocks? MPC members in wait-and-watch mode

Posted on: August 24, 2023

[ad_1] Members of the monetary policy committee (MPC) decided to wait and watch the evolution of headline inflation during the August review of the monetary policy while […]

Hindenburg 2.0? Soros-backed OCCRP said to be planning another ‘expose’
Business

Hindenburg 2.0? Soros-backed OCCRP said to be planning another ‘expose’

Posted on: August 24, 2023

[ad_1] Months after a US short seller shook markets with a damning report on the Adani group, the Organised Crime and Corruption Reporting Project (OCCRP) – an […]

Sandwich chain Subway agrees to sell itself to Arby’s owner Roark Capital
Business

Sandwich chain Subway agrees to sell itself to Arby’s owner Roark Capital

Posted on: August 24, 2023

[ad_1] By Anirban Sen Subway has agreed to sell itself to private equity firm Roark Capital in a deal valuing the sandwich chain at more than […]

Paytm shareholder Antfin to sell 3.6% stake via block deal: Report
Business

Paytm shareholder Antfin to sell 3.6% stake via block deal: Report

Posted on: August 24, 2023

[ad_1] Paytm shareholder Antfin is likely to sell a 3.6% stake in the Indian payments firm through a block deal on Friday as it further reduces its […]

RBI’s MPC to closely monitor food price spike to gauge inflation impact
Business

RBI’s MPC to closely monitor food price spike to gauge inflation impact

Posted on: August 24, 2023

[ad_1] By Swati Bhat Monetary policy committee (MPC) will closely monitor the factors impacting inflation and take necessary action, although it expects the recent spike in […]

India to clock highest growth among top 5 global economies: Finance secy
Business

India to clock highest growth among top 5 global economies: Finance secy

Posted on: August 24, 2023

[ad_1] Finance secretary T V Somanathan on Thursday said India will continue to clock the highest growth rate among the top five economies in the world in […]

RBI raises small value payment transaction limit in offline mode to Rs 500
Business

RBI raises small value payment transaction limit in offline mode to Rs 500

Posted on: August 24, 2023

[ad_1] The Reserve Bank of India (RBI) on Thursday raised the upper limit of an offline payment transaction to Rs 500 from the existing Rs 200 to […]

Brics leaders agree to admit 6 countries as new members
Business

Brics leaders agree to admit 6 countries as new members

Posted on: August 24, 2023

[ad_1] PM Narendra Modi with Brazilian President Luiz Inacio Lula da Silva, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Russia’s Foreign Minister Sergei Lavrov poses […]

Chandrayaan-3 has landed on the Moon, but where are India Inc’s moonshots?
Business

Chandrayaan-3 has landed on the Moon, but where are India Inc’s moonshots?

Posted on: August 24, 2023

[ad_1] By Andy Mukherjee Now that India has become the first country in the world to land a spacecraft near the moon’s south pole — for less than […]

WFI suspended! Here’s why global wrestling body revoked India’s membership
Business

WFI suspended! Here’s why global wrestling body revoked India’s membership

Posted on: August 24, 2023

[ad_1] The global wrestling body, United World Wrestling (UWW), suspended the membership of the Wrestling Federation of India (WFI) over its failure to conduct elections.  This means […]

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