Wholesale Price Index inflation: After remaining in double digits for 19 months, the wholesale price index (WPI) based inflation declined to 8.39 per cent in October. The inflation was 14.87 per cent in November 2021.
UPGIS 2023: A delegation of the UP government led by Assembly Speaker Satish Mahana and Minister Dharampal held meetings with some top industrialists in Vancouver, Canada on Tuesday (December 13) to showcase Uttar Pradesh as an ideal investment destination.
Lulu Group malls in UP: As per the MoU, Lulu will set up shopping malls and hypermarkets in Noida, Varanasi, Gorakhpur, Ayodhya, Kanpur, and Prayagraj with a total investment of Rs 4,500 crore. The shopping mall project in Sector 108, Noida will also have a five-star hotel.
Reports first surfaced last month that the networking giant Cisco is gearing up to lay off over 4,000 employees in a "rebalancing" act while "rightsizing certain businesses".
Institutional Investor Advisory Services (IiAS) on Monday said the buyback of shares at less than Paytm's IPO launch price of Rs 2,150 apiece will favour Paytm's pre-IPO shareholders.
The company's decision to cut jobs comes after chief executive David Solomon announced plans to curtail "Main Street" banking ambitions, reports The Financial Times.
Investment options in 2023: Here are a few of the ideal investment plans for 2023-24, taking into account market churn and trends from the previous fiscal year.
UP Global Investors Summit 2023: Chief Minister Yogi Adityanath has set a target of making Uttar Pradesh a one trillion dollar economy as per the intention of PM Modi.
Retail inflation: This is the first time in 11 months that the retail inflation print has come within the RBI's tolerance band of 4 (+/- 2) per cent. The consumer price index (CPI) based retail inflation was 6.77 per cent in October 2022, and 4.91 per cent in November last year.
McDonalds news: It rolled out its largest restaurant in India at Guwahati, spread across 6,700 sq ft with a capacity to feed 220 people at a time, on Monday as part of its expansion exercise.
Paytm has a liquidity of Rs 9,182 crore, as per its last earnings report. The company's board is scheduled to meet on December 13 to consider a share buyback proposal.
5G services started in 50 towns across 14 states/UTs as on Nov 26: Govt tells Rajya Sabha
Approval has also been sought for the expenditure of the Ministry of Petroleum and Natural Gas towards payments of LPG subsidies to oil marketing companies and LPG connections to the poor under the Pradhan Mantri Ujjwala Yojana, among others totalling to Rs 29,944 crore.
The RBI on Wednesday hikes the key repo rate by 35 basis points. The rise in repo rate is the fifth straight increase since May.
The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das decided by majority view in favour of the rate hike.
In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).
Union Budget 2023: Economists said the letter written to the finance minister, is a follow-up to our letters of 20 December 2017 and 21 December 2018 (addressed to her predecessor, Arun Jaitley).
Uttar Pradesh's Gautam Buddha Nagar has an abundance of open market shops along with high-rise buildings, schools, malls, bars and industrial areas. Even a small spark in any building of the area can lead to a major fire.
Airbus is currently developing a hydrogen-powered fuel cell engine for its ambitious zero-emission aircraft that will enter service by 2035.
IMF on India's G20 agenda: Speaking to the media, Ceyla Pazarbasioglu, Director of the Strategy and Policy Review department at the IMF, said India is putting together a collective agenda for a much more prosperous future.
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