Stagflation rests low while prices rise in India
According to a bulletin from the Reserve Bank of India (RBI) on Aug. 17, despite a significant surge in prices, the risk of stagflation—a situation characterised by sluggish growth and…
Have Unclaimed FD? RBI Launches UDGAM Portal to Track Them
The RBI has launched ‘UDGAM’, a website allowing users to search for unclaimed bank deposits.
Bharti Airtel Faces ₹45,286.76 Crore Legal Battle Amidst High-Stake Claims and Regulatory Challenges
In an announcement made on Tuesday, Bharti Airtel revealed that it is currently entangled in a series of legal battles involving claims amounting to a staggering ₹45,286.76 crore. These litigations…
Burger King follows Mcdonald’s and Subway in eliminating tomatoes from its burgers and wraps
Burger King dropped tomatoes from their wraps and burgers in numerous Indian branches after tomato prices exceeded twofold. This is the latest sign of the escalating food inflation that is…
Major Milestone: Boeing Begins Manufacturing Apache Choppers for Indian Army
In a significant move, American aerospace giant Boeing has confirmed the commencement of the production of Apache helicopters for the Indian Army. The business plans to supply a total of…
INR hits below 83/USD for the first time since October 2022
For the first time since October 2022, the value of the Indian Rupee declined below 83 per US Dollar on Aug.14. Earlier on October 2022, the currency dropped to 83.…
Bharti Airtel Faces ₹45,286.76 Crore Legal Battle Amidst High-Stake Claims and Regulatory Challenges
In an announcement on Aug. 15, Bharti Airtel revealed that it is currently entangled in a series of legal battles involving claims amounting to a staggering ₹45,286.76 crore. These litigations…
Major Milestone: Boeing Begins Manufacturing Apache Choppers for Indian Army
In a significant move, American aerospace giant Boeing has confirmed the commencement of the production of Apache helicopters for the Indian Army. The business plans to supply a total of…
India’s exports dropped 16% in July, to $32.25 billion
India's total exports (including goods and services) are predicted to reach USD 59.43 billion in July 2023, representing a decline of (-) 5.06 per cent from July 2022. The estimated…
Deloitte Quits as Adani Ports Auditor, Shares Fall 4%
Deloitte Haskins & Sells LLP resigned as Adani Ports’ auditor on Aug. 13, pushing shares of all ten Adani Group stocks to go 4% down on the National Stock Exchange.…