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Drone maker ideaforge Technology IPO subscribed whopping 106 times
Business

Drone maker ideaforge Technology IPO subscribed whopping 106 times

Posted on: June 30, 2023

[ad_1] Drone maker ideaforge Technology’s initial public offer was subscribed whopping 106.05 times on the closing day of subscription on Friday, helped by huge participation from investors. […]

Centre’s fiscal deficit at 11.8% of FY24 Budget target, shows CGA data
Business

Centre’s fiscal deficit at 11.8% of FY24 Budget target, shows CGA data

Posted on: June 30, 2023

[ad_1] The central government’s fiscal deficit narrowed to 11.8 per cent of the FY24 target of Rs. 17.87 trillion at the end of May against 12.3 per […]

India’s key infrastructure sectors’ growth slows down to 4.3% in May
Business

India’s key infrastructure sectors’ growth slows down to 4.3% in May

Posted on: June 30, 2023

[ad_1] The growth of eight key infrastructure sectors slowed down to 4.3 per cent in May 2023 due to a decline in the production of crude oil, […]

Govt raises interest rates on select small saving schemes by up to 0.3%
Business

Govt raises interest rates on select small saving schemes by up to 0.3%

Posted on: June 30, 2023

[ad_1] The interest rate on one-year deposits and two-year deposits have been raised by 10 bps each, while rates on savings deposits will remain unchanged at 4% […]

HDFC Bank will preserve ‘HDFC way of working’ after merger: Deepak Parekh
Business

HDFC Bank will preserve ‘HDFC way of working’ after merger: Deepak Parekh

Posted on: June 30, 2023

[ad_1] Preserving the “HDFC way of working” is an agreed tenet of the HDFC-HDFC Bank merger, and the bank’s leadership has publicly articulated it, Deepak Parekh said […]

Karnataka HC imposes a fine of Rs 50 lakh on Twitter for non-compliance
Business

Karnataka HC imposes a fine of Rs 50 lakh on Twitter for non-compliance

Posted on: June 30, 2023

[ad_1] Challenging the microblogging platform’s plea against the IT ministry’s blocking orders, Karnataka High Court on Friday imposed a penalty of Rs 50 lakh on Twitter, citing its […]

Why India risks falling behind in the tech race
Business

Why India risks falling behind in the tech race

Posted on: June 30, 2023

[ad_1] By Andy Mukherjee India’s tech industry is being less than bold in embracing artificial intelligence. It’s hoping to create solutions for corporate clients by building […]

China has $3 trillion of ‘hidden’ currency reserves, says US economist
Business

China has $3 trillion of ‘hidden’ currency reserves, says US economist

Posted on: June 30, 2023

[ad_1] By Cormac Mullen China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents a new kind of […]

Homegrown bank giant bigger than Morgan Stanley to arise from India merger
Business

Homegrown bank giant bigger than Morgan Stanley to arise from India merger

Posted on: June 30, 2023

[ad_1] By Preeti Singh and Divya Patil A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing a […]

SGX Nifty firm amid mixed global cues; Brent at $74/bbl
Business

SGX Nifty firm amid mixed global cues; Brent at $74/bbl

Posted on: June 30, 2023

[ad_1] Stock market live updates: At 7:05 am, the SGX Nifty stood at 19,196 levels, up 46-odd points. The SGX Nifty, on Friday, indicated a positive start to […]

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