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IMF raises India’s FY24 GDP growth forecast by 20 basis points to 6.1%
Business

IMF raises India’s FY24 GDP growth forecast by 20 basis points to 6.1%

Posted on: July 25, 2023

[ad_1] The International Monetary Fund (IMF) on Tuesday raised the FY24 growth forecast for India by 20 basis points to 6.1 per cent, citing the country’s stronger-than-expected […]

Aviation regulator removes SpiceJet from enhanced surveillance regime
Business

Aviation regulator removes SpiceJet from enhanced surveillance regime

Posted on: July 25, 2023

[ad_1] India’s aviation regulator has removed SpiceJet from its so-called enhanced surveillance, saying the no-frills airline had taken “suitable maintenance action”. The Directorate General of Civil […]

Net profit jumps 46%; special dividend of Rs 6 a share declared
Business

Net profit jumps 46%; special dividend of Rs 6 a share declared

Posted on: July 25, 2023

[ad_1] Illustration: Ajay Mohanty The net profit of Larsen & Toubro (L&T) for the first quarter of the current financial year (Q1YFY24) saw a rise of 46.4 […]

Auto giant records net profit of Rs 3,202 crore
Business

Auto giant records net profit of Rs 3,202 crore

Posted on: July 25, 2023

[ad_1] Tata Motors on Tuesday recorded a consolidated net profit of Rs 3,202.2 crore in the quarter that ended on June 30 as compared to a loss […]

Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%
Business

Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%

Posted on: July 25, 2023

[ad_1] Bajaj Auto posted a 41.35 per cent year-on-year (YoY) rise in its net profit for the quarter that ended on June 30, 2023, the company said […]

Russia plans to lower oil export discount to $20/bbl, says finance minister
Business

Russia plans to lower oil export discount to $20/bbl, says finance minister

Posted on: July 25, 2023

[ad_1] Russia’s finance ministry plans to cut the discount it uses to set taxes on the country’s crude oil exports to $20 per barrel from $25 currently, […]

Prosus says Raveendran Byju was unable to fulfil his fiduciary duty
Business

Prosus says Raveendran Byju was unable to fulfil his fiduciary duty

Posted on: July 25, 2023

[ad_1] Byju’s reporting and governance structures did not evolve sufficiently for a company of its scale, the edtech firm’s biggest institutional investor Prosus has said. This is […]

Elon Musk explains why he is dumping Twitter’s name and iconic bird logo
Business

Elon Musk explains why he is dumping Twitter’s name and iconic bird logo

Posted on: July 25, 2023

[ad_1] By Vlad Savo   Elon Musk on Monday explained his decision to strip Twitter of its famous blue-bird logo as a move to remake the […]

India’s food security under threat as climate change disrupts weather
Business

India’s food security under threat as climate change disrupts weather

Posted on: July 25, 2023

[ad_1] By David Fickling   The world’s most populous nation is more poorly endowed with farmland, per capita, than Greece or Algeria. That’s going to make […]

Stock Market LIVE: Gift Nifty flat on mixed global cues; Bajaj Auto Q1 eyed
Business

Stock Market LIVE: Gift Nifty flat on mixed global cues; Bajaj Auto Q1 eyed

Posted on: July 25, 2023

[ad_1] Stock market live updates: At 6:50 am, the Gift Nifty quoted 19,728 levels, up 36-odd points [ad_2] Source link

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