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Business

Indian Rupee Gains Strength Against Dollar: Insights from RBI's Latest Report

The Reserve Bank of India's latest report highlights the Indian Rupee's relative gain against the dollar, attributing it to the Real Effective Exchange Rate (REER) index. The repor...

Business

October Sees a 14% Drop in Indian Forex Spending Amid Surge in Domestic Digital Payments

Indian Forex spending dropped by 14% in October, totaling $2.4 billion, as domestic digital payments surged. Despite a festive season peak, November saw a decline in all transactio...

Business

Unlocking India's Economic Potential: A Path from 6% to 8% Growth

World Bank chief economist Indermit Gill discusses India's potential to increase its economic growth rate from 6% to 8%. Highlighting India's demographic advantages, low private se...

Business

End of an Era: N Srinivasan Steps Down from India Cements Leadership Alongside Family

N Srinivasan and his family resign from India Cements, ending a 50-year legacy. The company, now a subsidiary of UltraTech Cement, sees a board reshuffle and looks forward to a new...

Business

Ola Electric Expands with 3,200 New Stores Amidst Consumer Service Challenges

Ola Electric Mobility Ltd. embarks on a significant expansion by opening 3,200 new stores in a single day, aiming to address customer service issues and expand its footprint across...

Business

Toyota's Global Sales Climb by 1.7% in November, Marking a Significant Milestone

Toyota Motor Corporation announced a 1.7% increase in global sales for November, reaching 920,569 units. Despite a 6.6% drop in domestic sales in Japan, international sales grew by...

Business

Why Are Stock Markets Closed on Christmas Day 2024? Key Insights

Stock markets, including BSE Sensex and Nifty50, are closed on December 25, 2024, for Christmas. The closure affects all market segments and multi-commodity exchange operations. In...

Business

Small Businesses Boost Employment and Units by Over 10% in Post-Pandemic Recovery

Small businesses in India have added over one crore jobs and seen a 13% increase in units, driven by the services sector's robust recovery from the pandemic, according to a recent ...