Centre imposes additional curbs on basmati rice to prevent rice exports
After imposing a 20% levy on parboiled rice, India put limitations on the export of basmati rice
20% export duty on rice; prices shake around the world
The finance ministry put out an official notification on Friday levying a sharp export duty on parboiled rice. The duty hike has taken place following the ban on the export…
Rolex Set to Acquire Bucherer, Strengthening Position as Leading Watchmaker and Retailer”
Swiss watchmaker Rolex has announced that they will be acquiring Bucherer, this will give Rolex even more control over the closely held luxury watch industry as its watches are sold.
Indian Stock Market Faces Fifth Consecutive Weekly Loss Amid Inflation Concerns
Indian stocks closed in the red on Friday, marking a fifth consecutive week of losses. This decline was driven by various sectors facing losses following the Reserve Bank of India's…
With $200 million funding at a $1.4 billion valuation, Zepto achieves unicorn status
In a press conference on Friday, Zepto, a Q-e-commerce startup, revealed that it had raised $200 million in a Series E round of funding. The two-year-old business has raised money…
Heineken sells Russia business to Arnest Group for One Euro
Dutch beer giant Heineken has finalized its exit from the Russian market, selling its operations to the Russian company Arnest Group for a mere one euro. This deal was approved…
SEBI proposes restriction of regulated entities associated with Finfluencers
The Securities Exchange Board of India (SEBI) published a consultation document on the collaboration between registered intermediaries and ‘finfluencers’ (finance influencers). This decision was made in light of the recent…
SEBI submits 22 out of 24 completed investigations into the Adani-Hindenburg case to Supreme Court
The Securities and Exchange Board of India filed a fresh status report before the Supreme Court informing it that it has completed its investigation into the Adani-Hindenberg matter.
Potential Changes Await Indian Credit Card Spending Abroad: A Look Ahead
In a possible shift set to take place after the upcoming general elections in May next year, the Indian government is considering the inclusion of Indians' credit card expenditures abroad…
Stocks of Chandrayaan-Linked Companies Illuminate Market with Stellar Surge
In an electrifying dance of digits on the stock market stage, companies that played a vital role in India's triumphant Chandrayaan mission are stealing the spotlight yet again. Like shooting…