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As record equity outflow continues, Dollar shortage worries forex market traders-thumnail

As record equity outflow continues, Dollar shortage worries forex market traders

Traders in India’s foreign-exchange market are bracing for more instances of dollar shortages, as record outflows from the nation’s equities and deteriorating external finances bite. Traders in India’s foreign-exchange market

Finance

Jun 29, 2022

<strong>US-based S&P Global affirms ICICI Bank’s ‘BBB-‘ rating on improved asset quality with a stable outlook</strong>-thumnail

US-based S&P Global affirms ICICI Bank’s ‘BBB-‘ rating on improved asset quality with a stable outlook

ICICI Bank will maintain its strong market position and market capitalisation over the next 12-18 months, S&P Global Ratings said on Monday, and affirmed its long-term issuer credit rating ‘BBB-‘

Finance

Jun 29, 2022

Market regulator SEBI slams Aurbindo Pharma over non-disclosure of information about USFDA Audit-thumnail

Market regulator SEBI slams Aurbindo Pharma over non-disclosure of information about USFDA Audit

Aurobindo Pharma Limited is an Indian multinational pharmaceutical manufacturing company headquartered in HITEC City, Hyderabad, India. The company manufactures generic pharmaceuticals and active pharmaceutical ingredients. Market regulator Sebi has issued

Finance

Jun 28, 2022

<strong>Q1 in India saw 9.36 billion transactions worth a whopping Rs. 10.25 lakh crore.</strong>-thumnail

Q1 in India saw 9.36 billion transactions worth a whopping Rs. 10.25 lakh crore.

According to the report, UPI’s payment to merchant (P2M) transactions accounted for 64 per cent in volume and 50 percent in terms of the value of the total 9.36 billion

Finance

Jun 28, 2022

<strong>B2B lending </strong><strong>fintech startup Progcap raises $40M as part of Series C, google onboard too.</strong>-thumnail

B2B lending fintech startup Progcap raises $40M as part of Series C, google onboard too.

Founded in 2017 by Pallavi and Himanshu Chandra, the startup provides fast, flexible, and collateral-free loans to small businesses in lower-tier Indian cities, where retailers typically face challenges in accessing

Finance

Jun 28, 2022

Shapoorji Pallonji Group’s head Padma Shri Pallonji Mistry died last night in Mumbai-thumnail

Shapoorji Pallonji Group’s head Padma Shri Pallonji Mistry died last night in Mumbai

Pallonji Mistry, Chairman of the Shapoorji Pallonji Group died last night. The 93-year-old veteran industrialist breathed his last at his Mumbai residence. Shapoorji Pallonji group chairman and billionaire industrialist Pallonji

Finance

Jun 28, 2022

<strong>GST Council to consider 28% rate on casino, online games in upcoming meet at chandigarh.</strong>-thumnail

GST Council to consider 28% rate on casino, online games in upcoming meet at chandigarh.

The panel has recommended that a 28% GST should be levied on casinos, online games and race courses without any regard for whether it is a game of skill or

Finance

Jun 27, 2022

<strong>The payment council of India questions RBI over recent PPI related guidelines, soughts gov. Intervention</strong>-thumnail

The payment council of India questions RBI over recent PPI related guidelines, soughts gov. Intervention

The Payments Council of India (PCI) and several fintech firms have urged the government to step in to resolve the fallout from a recent directive by the Reserve Bank of

Finance

Jun 27, 2022

Russia defaults on foreign debt servicing for the first time since 1917.-thumnail

Russia defaults on foreign debt servicing for the first time since 1917.

The country missed a deadline of Sunday night to meet a 30-day grace period on interest payments of $100m on two Eurobonds originally due on 27 May, Bloomberg reported on

Finance

Jun 27, 2022

G7 aims to raise $600 billion, aims to counter China’s BRI-thumnail

G7 aims to raise $600 billion, aims to counter China’s BRI

All the G7 leaders led by the US president, Joe Biden, came together at a side meeting on the first day of the summit to make statements backing the partnership

Finance

Jun 27, 2022

Meet Abhishek Mahankal – The founder of TRADR who is helping students ‘Reach the top’ by attaining financial freedom using the stock market-thumnail

Meet Abhishek Mahankal – The founder of TRADR who is helping students ‘Reach the top’ by attaining financial freedom using the stock market

Most great people have attained their greatest success just one step beyond their greatest failure. This quote holds true meaning for Abhishek Mahankal, Managing Director of TRADR. In India, most

Finance

Jun 26, 2022

<strong>How three Indian engineers transformed this IT firm into the country’s newest unicorn</strong>-thumnail

How three Indian engineers transformed this IT firm into the country’s newest unicorn

LeadSquared, a provider of sales automation software as a service (SaaS), has raised $153 million (or approximately 1,194 crores) from WestBridge Capital in a Series C round, making it India’s

Finance

Jun 22, 2022


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