RBI and SEBI Contemplating to Expand Rupee-Ruble Trade
India’s key financial regulators are in the process of decision-making on the Rupee-Ruble trade expansion amid the current situation Russia is in on the global front.
PepsiCo buys Mexican-American brand Siete Foods
Fast Moving Consumer Goods (FMCG) giant PepsiCo is set to acquire Siete Foods, a Mexican-American brand known for its heritage-inspired products, for $1.2 billion. This will be PepsiCo’s biggest acquisition…
SpiceJet’s share price rises by 9% amidst fleet expansion announcement
SpiceJet has announced the addition of 10 new aircraft to its fleet by the end of November. The news comes after the company recently raised an amount of Rs 3,000…
RBI study finds that a third of selling price reaches the farmers
According to the report, the farmers' share of the consumer rupee is projected to be roughly 33% for tomatoes, 36% for onions, and 37% for potatoes.
Swiggy seeks Shark Tank Sponsorship, Excludes Zomato’s CEO
Shark Tank India's fourth season could see Swiggy, the food and grocery delivery platform headed for an IPO close to landing a ₹25 crore sponsorship deal.Zomatos CEO and founder Deepinder…
Speculations Arise on Repo Rate Cut with Upcoming MPC Meet
All eyes are on the Reserve Bank of India’s upcoming Monetary Policy Committee (MPC) meeting from October 7, 2024 to October 9, 2024, as the country’s banking regulator is set…
Broadcom Replaces Tesla in Tech’s Elite Magnificent 7 as Chipmaker Surges Ahead
In the tech sector, Broadcom, the global semiconductor market leader, has replaced Tesla as one of the ‘Magnificent 7’, the elite group of seven US companies which dominate the stock…
Indian Stock Markets Plunge: Sensex and Nifty 50 Hardened by Geopolitical Tensions, Foreign Sell-Offs
The Indian equity benchmarks Sensex and Nifty 50 fell on October 4, marking their fifth consecutive session of declines and the worst-performing week in over two years. This downturn stems…
DSP mutual fund halts subscriptions to 7 global schemes
In a recent move, DSP Mutual Fund has temporarily restricted subscriptions to seven of its schemes that hold international assets in their portfolios. The affected schemes include DSP Global Innovation…
Adani-Google Collaboration Promises Clean Energy Projects in India
Today, Google and The Adani Group launched a partnership aimed at growing clean energy projects in India and advancing sustainability.