Giri world

Finance Minister Nirmala Sitharaman stated on Thursday that the seven-year-old Insolvency & Bankruptcy Code (IBC) has facilitated the rescue of 3,171 distressed companies and aided in the closure of those that are unviable. She pointed out that this is a significant improvement compared to the less than 3,500 cases resolved by the Board of Industrial and Financial Reconstruction (BIFR) during its over 30-year tenure, starting from 1987. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0U7l51J >

Reserve Bank of India has moved 100 tonnes of gold from the UK to its vaults in India, marking a significant shift in gold storage. The transfer was for logistical and storage diversification reasons. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BxKk9oA >

Have you ever arrived at a hotel and feel like it is like visiting an affluent friend’s home? That’s the feeling I got from Hacienda ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/J02sFHa

RBI has imposed restrictions on ECL Finance and EARCL, companies of the Edelweiss group, for 'evergreening' stressed loans, where lenders extend credit to borrowers unable to repay existing loans. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/12Z5eir >

MSMEs are facing challenges in availability and employability of technical school graduates and diploma holders. CEOs at a roundtable emphasized the need for a common platform for recruitment and training. Automation, digitalisation, and AI can address manpower shortage and quality issues. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WtNYnu4 >

Adani Enterprises, part of Gautam Adani's Adani Group, secured board approval to raise Rs 16,600 crore ($2 billion), following Adani Energy Solutions' approval for Rs 12,500 crore ($1.5 billion), backed by investments from Rajiv Jain's GQG, Qatar Investment Authority, and TotalEnergies, overcoming challenges from a previous Hindenburg short-seller attack. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/j3PXcGI >

Adani Group chairman Gautam Adani is considering buying a stake in One 97 Communications, the company behind Paytm, as confirmed by sources. This potential deal would mark Adani Group's entry into the fintech sector, competing with major players like Google Pay and Jio Financial. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RFjYtkZ >

Summer is one of the best times of year to take the ultimate Americana family vacation to the Grand Canyon . Yes, there are crowds just li ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/79r6oV2

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2YjLgpC >

Sensex and Nifty faced profit booking and volatility ahead of major events, with investors cautious of knee-jerk reactions. Market awaits key economic data for near-term direction. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UKSGNAY >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0ChGxaE >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zPJCI1q >

India's agrochemical sector, currently valued at approximately USD 10 billion, is expected to experience significant growth, reaching a projected value of over USD 14.5 billion by the conclusion of the 2027-28 financial year, according to a report published by Rubix Data Sciences, an analytics services provider. However, the industry encountered a 3% decline in the recently concluded 2023-24 financial year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PMhIJ1m >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nLKHwFZ >

Several factors could have contributed to the record profit, including the significant increase in interest rates in the United States, where the RBI invests a substantial portion of its $644 billion foreign exchange reserves (Rs 54 lakh crore). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J8gLSxF >

Google has invested $350 million in Flipkart as part of a funding round led by Walmart, increasing Flipkart's valuation to over $35 billion. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3j4apLA >

La Fantaisie is utterly charming. The boutique hotel, located in Paris’s 9th arrondissement, in the Faubourg-Montmartre neighborhood, is a garden-themed fever dream, where color is queen, and whimsy reigns. Not yet a year old,  ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/TsZx7kM

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KctAoE3 >

Patients who visit a hospital for treatment provide their insurance policy details or a card issued by the third-party administrator (TPA) or insurance company. The hospital then accesses the claim processing portal of the company and uploads the required documents for pre-authorisation or claim approval. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/q1guOiQ >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zXcsAVQ >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kh1Hmng >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bYDeOdT >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eSZsDpC >

Back-to-school shopping season sees a surge in demand for stationery companies like ITC and DOMS, and retailers like Reliance Retail's Smart Bazaar stores. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hPsHyFw >

PM Narendra Modi praised banks for record profits in FY24, aiding the poor, farmers, and MSMEs. Challenges like bad loan provisions, bank insolvency, and govt recapitalisation were overcome, leading to a significant banking sector turnaround. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GY4IfHl >

If you’re planning a summer travel getaway hoping for a little sun and fun, the  Sonesta Resorts St. Maarten have a little bit of something for everyone. The family-friendly ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/uB68HE3

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/esdZX9f >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mwBAs3z >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/B2DaUPE >

N Vaghul, a banking industry pioneer, passed away at 88 in Apollo hospital. He redefined ICICI, India's second-largest bank, and earned the Padma Bhushan. Vaghul led Bank of India, championed gender-neutral meritocracy, and mentored a generation of financial leaders like K V Kamath and Shikha Sharma. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AR7upNl >

A finance ministry official raised concerns about the impact of futures and options trading volumes on capital market growth and household savings. The discussion included financial sector development, Nirmala Sitharaman's caution, and various financial indicators like investments in physical assets, bank advances, and mutual funds. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NwJ2u0D >

Finance minister Nirmala Sitharaman advocated for higher manufacturing investment, contrary to some economists' advice. She emphasized collaboration with the private sector and addressed Raghuram Rajan's support for a services-led strategy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LNjEr7F >

The Pendry hotel brand is rapidly gaining accolades with its properties across the U.S. and points south. When the Pendry Washin ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/lP73voj

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jf4x0kT >

Dalal Street witnessed ongoing volatility with the sensex fluctuating over 1,200 points intraday, driven by domestic fund buying. India VIX surged, FIIs sold off funds, and news of new stocks on the MSCI index hinted at fresh FPI flows. Prashanth Tapse commented on the market's volatile trading session. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dqLnmwJ >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AbPmyGR >

Gold surpasses Nifty with an 18% return. Amrita Farmahan notes gold's 14% CAGR vs Nifty's 15%. Gold hits $2,390/ounce globally and nears Rs 75,000 on MCX. Central banks drive up prices amid US and EU debt concerns. Chinese investors turn to gold. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NYSoqB8 >

Investor appetite for AI startups in India is growing as fund managers chase companies like Sarvam AI and Krutrim AI. SoftBank and Antler are leading the funding landscape, with Tracxn reporting a significant increase in funding for AI startups. Companies are focusing on innovative AI solutions like ChatGPT and GenAI, attracting substantial investments. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wo4ZFm6 >

SBI increases short-term deposit rates by up to 75 basis points to boost liquidity, replacing wholesale deposits. The move follows GST outflows and equity sales by foreign institutional investors, pushing rivals to review rates too. Mention of MSID 110157382, public sector banks, Bank of Baroda, Yes Bank, IndusInd Bank, IDFC Bank, and Dinesh Khara's statements. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xa0Abt2 >

According to the most recent official data issued Wednesday, the unemployment rate for people aged 15 and up in metropolitan areas fell slightly to 6.7% in the January-March quarter of 2023-2024, down from 6.8% the previous year. Joblessness rate, which had soared to double digit during Covid, has stabilised over the months as curbs to ward off the pandemic lifted and economic activity gathered momentum. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wuZiRax >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zfUS47W >

Paying homage to the exotic island off the African coast on which it stands, the ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/cXDizt8

The Sensex experienced significant fluctuations, dropping almost 200 points before recovering and closing with a slight increase. Market sentiment is influenced by uncertainties related to polls and foreign fund selling activities. Foreign investors have sold stocks worth Rs 22,800 crore in May, while domestic investors have purchased stocks worth close to Rs 23,000 crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6mDZh0u >

Indian exporters anticipate a 10-15% increase in goods exports despite challenges in the global market. Total exports are projected to reach $900 billion this year, up from $780 billion in the previous financial year. The Federation of Indian Export Organisations projects goods exports to increase to $500-510 billion and services exports to rise to $390-400 billion. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dRMjrvC >

Foreign fund managers in Mumbai are withdrawing funds due to increased market volatility caused by uncertainty about the Lok Sabha election results. Domestic institutions, especially mutual funds, have been significant purchasers on Dalal Street. Market players cite concerns related to polls and a surge in Chinese stocks as reasons for the fund outflow from India to China and Hong Kong. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rieFCup >

PM Surya Ghar Muft Bijli Yojana: The ministries of renewable energy and skill development and entrepreneurship have collaboratively developed a "skilling plan" from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Mv7OFlt >

N Chandrasekaran, the chairman of Tata Consultancy Services (TCS), highlighted in the annual report 2024 the significant impact that generative artificial intelligence (GenAI) technologies will have on various sectors and countries in the future. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oXCFnb1 >

Bhavish Aggarwal, the founder and CEO of Ola, announced the company's move to shift its workloads from Microsoft's Azure to its proprietary cloud platform named Krutrim. The decision was influenced by Aggarwal's concerns about cultural assimilation and ideological enforcement by Western tech giants. Ola's transition to Krutrim aims to promote Indian technology platforms and independence from Western monopolies. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/EVghUFA >

The Insurance Regulatory and Development Authority of India has given approval for a third Indian investor to hold 26% in Reliance Nippon Life, Reliance General, and Reliance Health insurance companies. This move paves the way for IndusInd International Holdings (IIHL) to acquire Reliance Capital. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ov3I24X >

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, slightly lower than the downwardly revised 5.6% in Feb but above the 1.9% posted in March last year. For the 2023-24 fiscal year, industrial output growth rose to 5.8% from 5.2% in the previous year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ju7UMVY >

From an intra-day low at 72,334, sensex closed at 72,404, down 1,062 points. It was the second biggest fall this year. Nifty lost 345 points to close at 21,958 points. "Investors turned risk averse in the ongoing poll season and further lightened equity exposure to avoid being caught off guard," said Prashanth Tapse, Senior VP (Research), Mehta Equities. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8DRNCo7 >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YBFsWr7 >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZDPvRBU >

Stepping onto the powdery white sand at  Grand Fiesta Americana Coral Beach Resort and Spa  along the famous Zona Hotelera be ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/SEajlLt

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7WFaM4X >

Known for their unforgettable luxury vacations, Abercrombie & Kent curates exclusive adventure trips that explore all seven continents. ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/oh9arJd

The country exported consumables and disposables worth $1.6 billion, while it imported products worth only about $1.1 billion in 2022-23, Union pharma secretary Arunish Chawla said on Tuesday. Exports went up 16% compared with the previous fiscal, while imports fell 33%. India is known as pharmacy of the world because of its generic medicines and low-cost vaccines. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fgGk9cC >

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kn1AgPr >