Article: India’s Finance Minister, Nirmala Sitharaman, emphasized the need for businesses to consider the impact of global terrorism when making investment decisions. Speaking at the Kautilya Economic Conclave 2023, Sitharaman stated that terrorism affects the whole world, sparing no region. She highlighted that this level of risk and uncertainty in decision-making will have a permanent…
New Delhi – Reserve Bank Governor Shaktikanta Das announced on Friday that the Rs 2,000 denomination notes are making a comeback, with only Rs 10,000 crore worth of such notes still in circulation. Das expressed confidence that these remaining notes will also be returned or deposited back into the banking system. “Rs 2,000 notes are…
Former FTX CEO Sam Bankman-Fried, who is currently facing fraud charges in connection with the collapse of a bankrupt cryptocurrency exchange, has been revealed to have donated $50 million to undisclosed politically active groups during the 2022 election cycle. Newly released documents show that Bankman-Fried, his cryptocurrency exchange FTX, and two of his former colleagues…
Millions of snow crabs have vanished from the waters of Alaska, potentially due to warmer ocean temperatures causing them to starve, as reported by CNN. This discovery comes after the Alaska Department of Fish and Game canceled the snow crab harvest season for the second consecutive year due to the overwhelming shortage of crabs in…
India achieves historic milestone as Rajya Sabha passes women’s reservation bill with unanimous support On Thursday, India made history as the Rajya Sabha, the Upper House of Parliament, cleared the women’s reservation bill. The motion garnered an overwhelming majority of support, with 215 Members of Parliament (MPs) voting in favor of the bill, and none…
Paytm, the popular Indian digital payments company, has reported a 7.5% increase in revenue from operations in the second quarter of FY24. The company’s revenue reached ₹2,518 crore, compared to ₹2,341 crore in the first quarter. Overall, Paytm’s revenues grew by 32% year-on-year. During the second quarter, Paytm distributed loans worth ₹16,211 crore through its…
JSW Steel, part of the O P Jindal Group and a leading steel-producing company in India, has reported a consolidated net profit of Rs 2,773 crore for the July-September quarter. This is a significant improvement from the loss of Rs 915 crore suffered in the same quarter last year. According to a regulatory filing, JSW…
iPhone sales in India reached a milestone during the first week of festive sales, crossing 1.5 million units. This marks a 25% increase in sales compared to the previous year, according to a report released on Friday. The overall smartphone sales during the festive season also grew by 25% in terms of value, driven by…
India’s FMCG giants are facing challenges in an increasingly competitive market with weak consumer sentiment and rural demand. Smaller, unorganized players are growing at a faster rate, affecting the mass-segments of soaps, detergents, and tea. Hindustan Unilever (HUL), the major FMCG player, experienced a 4% growth in profit and revenues, but its volumes only grew…
Title: Jharkhand Chief Minister Hemant Soren Faces Impending Non-Bailable Warrant as ED Investigates Land Mining Scam Date: [Insert Date] By: Pierre Herubel Image Source: News18.com Jharkhand Chief Minister Hemant Soren may face a non-bailable warrant if he fails to appear before the Enforcement Directorate (ED) on September 23. The ED is investigating a land mining…
