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In the June Quarter, The Current Account Deficit Increased to 1.1% of GDP, Totaling $9.2 Billion-thumnail

In the June Quarter, The Current Account Deficit Increased to 1.1% of GDP, Totaling $9.2 Billion

The current account deficit (CAD) of India increased sequentially to $9.2 billion in the quarter ended June 2023 (Q1 FY24), or 1.1 percent of GDP,

Indian Govt

Sep 28, 2023

Finolex Cables’ Stock rises More Than 6% Following the Supreme Court’s Decision-thumnail

Finolex Cables’ Stock rises More Than 6% Following the Supreme Court’s Decision

Finolex Cables shares rose more than 6% on Thursday after the Supreme Court granted Prakash Chhabria’s Orbit Electricals the right to vote at Finolex Cables’ annual general meeting (AGM) on Friday.

Brands

Sep 28, 2023

Coking Coal Costs are Driving up Steel Prices in India, According to JSP MD Bimlendra Jha-thumnail

Coking Coal Costs are Driving up Steel Prices in India, According to JSP MD Bimlendra Jha

Steel costs in India are rising owing to “rapidly” rising rates of major raw material coking coal, according to industry executive Bimlendra Jha.

Business

Sep 28, 2023

The United States Embassy in India has Exceeded its Goal of Processing one Million Non-Immigrant Visas-thumnail

The United States Embassy in India has Exceeded its Goal of Processing one Million Non-Immigrant Visas

The United States Mission to India reached its target of processing one million non-immigrant visa applications this year on Thursday,

News

Sep 28, 2023

P&G India has Announced a $300 million Fund to Work With Supply Chain Companies-thumnail

P&G India has Announced a $300 million Fund to Work With Supply Chain Companies

Procter & Gamble India (P&G India), the parent company of brands including Gillette, Whisper, and Vicks, announced a 300 crore ‘P&G Supply Chain Catalyst Fund’ on Thursday.

Brands

Sep 28, 2023

Atlas raises $27 million for nickel technology for EV batteries -thumnail

Atlas raises $27 million for nickel technology for EV batteries 

Atlas Materials, which has created a new method to manufacture low-grade nickel that may be used for electric vehicle batteries, has received $27 million in preparation for constructing a pilot facility in North America.

Business

Sep 28, 2023

HP collaborates with Google to manufacture Chromebooks in India-thumnail

HP collaborates with Google to manufacture Chromebooks in India

According to a statement from the company, this agreement will advance a shared aim to promote the Indian educational ecosystem for digital learning and aid more students

Brands

Sep 28, 2023

Tesla rival VinFast plans to start manufacturing in India-thumnail

Tesla rival VinFast plans to start manufacturing in India

VinFast Auto, a rival to Tesla that last month overtook Toyota to become the third most valued automaker in the world

Business

Sep 28, 2023

Near Taiwan Strait, China launches first cross-sea bullet train line-thumnail

Near Taiwan Strait, China launches first cross-sea bullet train line

China on Thursday opened its first high-speed rail route that would pass multiple bays and skirt the coast of the province of Fujian in the southeast, close to the Taiwan Strait.

News

Sep 28, 2023

Citigroup China consumer wealth business will be acquired by HSBC -sources-thumnail

Citigroup China consumer wealth business will be acquired by HSBC -sources

HSBC is planning to purchase Citigroup’s China consumer wealth management company, which oversees more than $3 billion in assets. This will significantly expand the London-based bank’s operations in that nation.

Business

Sep 28, 2023

U.S-Based IT Services Provider Kyndryl Plans to Separate its China Business -thumnail

U.S-Based IT Services Provider Kyndryl Plans to Separate its China Business 

US-based Kyndryl, which was spun off from IBM in 2021 and claims to be the world’s largest provider of IT infrastructure services by revenue, has informed certain employees about the decision to split.

Business

Sep 28, 2023

The sustainable use of coal mine water resources by PSUs benefits about 17.7 lakh people-thumnail

The sustainable use of coal mine water resources by PSUs benefits about 17.7 lakh people

According to the government, the sustainable use of mine water resources by public sector businesses under the coal ministry has benefited 17.7 lakh people in 981 villages across nine states. 

Business

Sep 27, 2023


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