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HDFC Bank becomes first to offer interoperability between CBDC and UPI
Business

HDFC Bank becomes first to offer interoperability between CBDC and UPI

Posted on: July 13, 2023

[ad_1] HDFC Bank, the country’s largest private sector lender, has become the first commercial bank to implement interoperability between United Payment Interface (UPI) and Central Bank Digital […]

Go First extends cancellation of its scheduled flights till July 16
Business

Go First extends cancellation of its scheduled flights till July 16

Posted on: July 13, 2023

[ad_1] Cash-strapped Indian airline Go First on Thursday announced extending the cancellation of its scheduled flights till July 16. The airline, which is undergoing an insolvency resolution […]

India’s outward FDI shrinks by half YoY in June 2023, shows RBI data
Business

India’s outward FDI shrinks by half YoY in June 2023, shows RBI data

Posted on: July 13, 2023

[ad_1] India’s outward foreign direct investment (FDI) halved to just below the $ one billion mark in June 2023 from $ 1.93 billion in June 2022. Sequentially […]

Asia stocks zoom as US inflation slips to over 2-yr low
Business

Asia stocks zoom as US inflation slips to over 2-yr low

Posted on: July 13, 2023

[ad_1] Stock market live on July 13, 2023: US inflation rose just 0.2 per cent in June over the preceding month and by 3 per cent annually, which […]

Infosys, HCLTech put off pay hikes for employees; TCS bucks trend
Business

Infosys, HCLTech put off pay hikes for employees; TCS bucks trend

Posted on: July 13, 2023

[ad_1] Two top IT majors have deferred salary hikes for employees amid the ongoing slowdown in the sector as clients are cutting discretionary spending. Infosys has […]

SpiceJet promoter Ajay Singh plans to infuse Rs 500 crore in airline
Business

SpiceJet promoter Ajay Singh plans to infuse Rs 500 crore in airline

Posted on: July 12, 2023

[ad_1] SpiceJet on Wednesday said its promoter Ajay Singh has decided to infuse Rs 500 crore in the airline by subscribing fresh equity shares and/or convertible instruments. […]

CPI-based inflation rose to 4.81%, food inflation to 4.49% in June
Business

CPI-based inflation rose to 4.81%, food inflation to 4.49% in June

Posted on: July 12, 2023

[ad_1] India’s retail inflation rose to 4.81 per cent in June from 4.31 per cent in May, data released by the Ministry of Statistics and Programme Implementation […]

Net profit rises 7.6% YoY to Rs 3,534 crore
Business

Net profit rises 7.6% YoY to Rs 3,534 crore

Posted on: July 12, 2023

[ad_1] IT services firm HCLTech on Wednesday reported a 7.6 per cent year-on-year (YoY) growth in net profit in the first quarter of 2023-24 that ended on […]

Govt directs Nafed, NCCF to procure tomato from AP, Karnataka, Maharashtra
Business

Govt directs Nafed, NCCF to procure tomato from AP, Karnataka, Maharashtra

Posted on: July 12, 2023

[ad_1] The Centre on Wednesday directed cooperatives Nafed and NCCF to procure tomatoes from Andhra Pradesh, Karnataka and Maharashtra for distribution in major consumption centres, where retail […]

Walt Disney Co weighs options for struggling TV business in India
Business

Walt Disney Co weighs options for struggling TV business in India

Posted on: July 12, 2023

[ad_1] Walt Disney Co (Photo: Bloomberg) By P R Sanjai and Preeti Singh Walt Disney Co. is weighing options for its television business in India that […]

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