Business
NATO boss tipped to lead IMF: Report
Moscow, Dec 22 NATO Secretary General Jens Stoltenberg may become the new head of the International Monetary Fund (IMF), Norwegian TV 2 broadcaster has reported, citing 'reliable' sources within the US-led military bloc. Moreover, the outgoing secretary general is the US favourite to lead the Washington-headquartered organisation, RT reported, citing ...Central banks in Europe join US Fed in slowing down the pace of interest rate ...
London, Dec 15 Central banks in Europe joined the US Federal Reserve in slowing down the pace of interest rate hikes as decades-high inflation shows signs of easing, media reports said. The Bank of England and the European Central Bank both hiked rates by half a percentage point on Thursday ...‘Air India in talks for acquiring 500 aircraft’
New Delhi, Dec 11 Air India is learnt to be in talks for acquiring 500 aircraft worth a few billions dollars from two major manufacturers Boeing and Airbus, according to reports. The deal is said to be part of Tata Group's efforts to revive Air India, reports in a section ...India’s growth to depend on fiscal management says Uday Kotak
New Delhi, Dec 8 India's performance in terms of absolute GDP, per capita income and current account, as well as fiscal management, will accentuate its growth, Uday Kotak, Managing Director of Kotak Mahindra Bank, said on Thursday. Speaking at CII's Global Economic Policy Summit 2022, Kotak said that India is ...Crude oil, gold and other commodities fall in int’l markets
New Delhi, Nov 21 Crude oil, gold, silver and several other commodities fell in the international markets on Monday. Brent crude oil prices dropped to $85.86 per barrel on reports that Saudi Arabia and other OPEC oil producers are discussing an output increase. Gold price was trading at $1,736 per ...Bezos warns of recession, advises people to avoid expensive purchases
San Francisco, Nov 20 Amazon founder Jeff Bezos has warned consumers and businesses to postpone large purchases during the holiday season in anticipation of an economic recession. In an interview with CNN, he advised consumers to keep their cash safe and avoid unnecessary spending. Due to the recession fear, he ...COP27: India joins 57 nations in long-term strategies for net-zero pathways
New Delhi, Nov 14 India on Monday joined 57 nations to have submitted long-term strategies for net-zero pathways at the on-going UN climate summit, COP27, in Egypt. This is a follow-up of Prime Minister Narendra Modi's speech in Glasgow where he committed to India meeting net-zero goal by 2070. The ...India participates in World Travel Market 2022, London to boost its inbound tourism industry
London, Nov 8 With a view to stepping up the recovery of inbound tourism to the pre-pandemic level, the Ministry of Tourism is participating at World Travel Market (WTM) 2022 from November 7-9 in London, which is one of the largest international travel exhibitions. The theme of this year's exhibition ...India’s largest company, Reliance Industries, is ranked 20th in World’s Best Employers
New Delhi, Nov 6 Reliance Industries has been ranked highest amongst Indian companies in the list of Forbes World's Best Employers for 2022. RIL has ranked 20th in the world and the highest among Indian companies, ahead of HDFC Bank at 137. Samsung was at the top spot in the ...Forex reserves rise to $531 billion during the week ending October 28
New Delhi, Nov 4 India's foreign exchange reserves rose to $531.081 billion for the week ended October 28, a jump of $6.561 billion over the previous week. According to a weekly supplement issued by the Reserve Bank of India (RBI), the overall reserves had dropped by $3.847 billion to $524.52 ...