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US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report
Business

US PE firm Bain Capital plans to sell $267 mn stake in Axis Bank: Report

Posted on: June 14, 2023

[ad_1] Axis Bank shares slide 2.4% post Q4 results; what should investors do? Analysts raise Axis Bank’s earnings forecast; to track deposit growth ahead Axis Bank-Citi deal: Synergies […]

Federal Reserve holds rates steady, sees two small hikes by end of year
Business

Federal Reserve holds rates steady, sees two small hikes by end of year

Posted on: June 14, 2023

[ad_1] The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that borrowing costs will likely rise by another half of a percentage […]

US Fed leaves key interest rates unchanged after 10 consecutive hikes
Business

US Fed leaves key interest rates unchanged after 10 consecutive hikes

Posted on: June 14, 2023

[ad_1] The Federal Reserve said Wednesday it would pause its historic rate-hiking campaign as it waits for the effects to trickle further through the economy. Since March […]

22nd Law Commission seeks views on UCC from public, religious organisations
Business

22nd Law Commission seeks views on UCC from public, religious organisations

Posted on: June 14, 2023

[ad_1] Gaming startups form two regulatory bodies; to hold talks with govt Cabinet approves extension of 22nd Law Commission till August 31 LIVE: MC, AAP boycott inauguration of […]

Monitor tur prices, take action against violators of stock limit: Centre
Business

Monitor tur prices, take action against violators of stock limit: Centre

Posted on: June 14, 2023

[ad_1] The Centre on Wednesday directed the state governments to continuously monitor the prices of tur and urad and take action on those violating the stock limit […]

Seafood exports up 4.31% to $8.09 bn in 2022-23, on jump in shrimp trade
Business

Seafood exports up 4.31% to $8.09 bn in 2022-23, on jump in shrimp trade

Posted on: June 14, 2023

[ad_1] India’s seafood exports rose by 4.31 per cent to USD 8.09 billion in 2022-23 on account of a jump in the shipments of frozen shrimp, the […]

EU asks Google to sell part of ad biz to address competition concerns
Business

EU asks Google to sell part of ad biz to address competition concerns

Posted on: June 14, 2023

[ad_1] European Union antitrust regulators took aim at Google’s lucrative digital advertising business in an unprecedented decision ordering the tech giant to sell off some of its […]

India seen as major beneficiary as supply chains migrate from China
Business

India seen as major beneficiary as supply chains migrate from China

Posted on: June 14, 2023

[ad_1] More global companies are taking supply chain diversification seriously. Companies are increasingly highlighting the benefits of ‘friend-shoring’ their supply chains in order to better insulate from […]

Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing
Business

Cabinet to approve Rs 25,000 cr scheme for semiconductor manufacturing

Posted on: June 14, 2023

[ad_1] India’s semiconductor market to touch $64 bn by 2026: Counterpoint-IESA Union Budget 2023: Experts don’t expect surprises in social sector outlay Vedanta-Foxconn JV set to get govt […]

May WPI inflation cools down further to -3.48%, lowest since November 2015
Business

May WPI inflation cools down further to -3.48%, lowest since November 2015

Posted on: June 14, 2023

[ad_1] India’s wholesale price inflation eases to two-year low of 4.73% in January WPI inflation falls to 4.95% in December from 5.85% in previous month WPI enters deflation […]

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