WhatsApp Financial News

01.11 / 19:15

Target economy WhatsApp information US Fed Policy: FOMC votes unanimously to keep key rates unchanged at 5.25-5.5% for second straight meeting

US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting and left the benchmark interest rates unchanged at 5.25 per cent - 5.50 per cent. The Fed's decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the central bank said in a statement.

01.11 / 19:15

WhatsApp reports prevention resolution IBBI proposes amendments to norms to streamline corporate resolution process

corporate resolution process and prevent delay in implementation of the resolution plan, the Insolvency and Bankruptcy Board of India (IBBI) on Wednesday proposed amendments to some regulations. The insolvency and bankruptcy board has proposed to structure the corporate resolution plan into two parts -- inflow of funds and distribution to various stakeholders -- under the Insolvency and Bankruptcy Code (IBC).

01.11 / 19:15

Digital CEO WhatsApp country Schneider plans new battery tech in India

₹3,200 crore across segments in the country. “We are looking to invest ₹3,200 crore in the next few years up to 2026. Be it electric vehicle, efficiency, smart home, microgrid, or prosumer story," he said.

01.11 / 19:15

Provident Manufacturing WhatsApp country open India, Bangladesh open rail link, power, port projects

NEW DELHI : Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina on Wednesday launched three India-assisted development projects, two of which are expected to boost trade and improve connectivity with the Northeastern states. “In this journey of nine years, the inauguration of the Akhaura-Agartala rail link today is a historic moment. This is the first rail link from India’s northeastern states to Bangladesh," said Modi at a joint press briefing.

01.11 / 19:15

Provident Digital Manufacturing Action WhatsApp reports shock Expect improvement barring macro shocks: Marico's Saugata Gupta

Marico Ltd expects household demand to improve in the second half of FY24, provided no major global headwinds impact the commodity cycles. On Monday, Marico reported a 3% jump in domestic volumes for the September quarter. Demand for fast-moving consumer goods was broadly in line compared to the preceding quarter, the company said.

01.11 / 19:15

Target economy Enterprise WhatsApp Deloitte Experts show GST Oct haul 2nd highest at ₹1.72 tn

₹1.72 trillion in Goods and Services Tax (GST) in October, a 13% increase from a year earlier, marking the second-highest monthly haul since the new tax regime debuted in 2017. Overall, GST receipts so far this year are in line with the 10.5% nominal GDP growth rate projected by the finance ministry and reflect the trends in tax administration efficiency as well as consumption. The average gross monthly GST collection in FY24 is ₹1.66 trillion, up 11% from FY23.

01.11 / 19:15

Digital Booking Maxim WhatsApp President cover reports Tata Steel posts ₹6,511 cr loss on Port Talbot impairment charge

Tata Steel Ltd on Monday swung to its highest quarterly loss in two fiscal years after it booked a ₹6,358 crore impairment charge related to a decarbonization project at its Port Talbot plant in the UK. The steelmaker reported a loss of ₹6,511 crore for the three months ended 30 September from a profit of ₹1,297 crore a year earlier, the company said in a statement on Wednesday. A Bloomberg survey of analysts expected a profit of ₹569 crore.

01.11 / 19:15

Mobile WhatsApp performer stage reports Airtel to reduce spectrum auction budget for two years, says MD Gopal Vittal

₹1,000 a month on telecom expenses," said Vittal. Airtel had 40 million home passes and was rolling out 1.5 million home passes every quarter, he added. While overall tariffs should rise, the carrier will not charge more for 5G, said Vittal.

01.11 / 16:12

Reuters CEO WhatsApp reports WeWork stock tanks 50% after bankruptcy report

WeWork can reach a short-term accommodation with bondholders to stave off a near-term bankruptcy, it likely holds many long-term office leases that will need to be restructured or written off," Jason Benowitz, senior portfolio manager at CI Roosevelt Private Wealth in New York told news agency Reuters. "WeWork remains a significant tenant in some major urban office markets and its failure or restructuring may further weigh on industry fundamentals," Jason added.

01.11 / 16:12

WhatsApp reports Britannia Q2 Results: Net profit up 19% to ₹587 crore, revenue rises marginally to ₹4,432 crore

Britannia Q2 Results: Britannia announced its July-September quarter results for fiscal 2023-24 (Q2FY24), reporting a rise of 19 per cent in consolidated net profit at ₹587 crore, compared to ₹490.6 crore in the corresponding period last year. The FMCG major's revenue from operations in the second quarter of current fiscal came in at ₹4,433 crore, registering a marginal rise of 1.2 per cent, compared to ₹4,379.6 crore in the year-ago period.

01.11 / 16:12

Strategy economy Tesla WhatsApp stage A steep duty drop could rev up India’s EV market

Tata Motors has done well in. Last year, the electric four-wheeler market clocked 33,000 units in sales. This year, that number is expected to more than double, a pace of growth that promises to bring economies of scale within the reach of dominant EV sellers.

01.11 / 16:12

Provident Assurant WhatsApp queer Same-sex marriage: Review plea submitted against Supreme Court's October 17 verdict

Chief Justice D Y Chandrachud, refused to provide legal recognition to same-sex marriage, saying there was "no unqualified right" to marriage with the exception of those that are recognised by law. Unanimously, all the judges observed it is within Parliament's ambit to change the law to validate such union.

01.11 / 15:24

WhatsApp HDFC Bank shares an important update for Regalia credit card holders. Read here

HDFC Bank has tweaked some rules for its Regalia Credit Card. Starting 1st December, 2023, the lounge access program for Regalia Credit Card will be based on the cardholder's spending. Cardholders who spend ₹1 lakh or more in a calendar quarter can avail of up to two complimentary lounge access vouchers as part of the quarterly milestone benefit.

01.11 / 15:07

Booking WhatsApp Profit margins to improve, as execution improves in H2, says L&T CFO

₹3,223 crore from ₹2,229 crore a year ago, attributed to enhanced order book execution. Operating revenue stood at ₹51,024 crore in Q2FY24, marking a 19% year-on-year (YoY) rise Raman indicated a likely uptick in project execution, predicting accelerated activity leading to the elections. “The projects that are due for completion will be pushed again.

01.11 / 15:07

Provident Target Ball WhatsApp Death show beautiful NOT World Cup 2023 highest team scores: South Africa, Australia dominate, India not in top 5

South Africa scored 428/5 against Sri Lanka: South African batters are playing ICC World Cup 2023 in beast mode as they scored the highest score in the history of the World Cup against Sri Lanka. Quinton de Kock, Rassie van der Dussen, and Aiden Markram smashed centuries, which is also the first time in the history of the World Cup when three players of a team completed their tons. 2.

01.11 / 15:07

Airlines WhatsApp Nov performer consequences reports NCLAT to hear Jet creditors' case on 9 Nov

₹150 crore of the committed ₹350 crore via a performance bank guarantee. In a subsequent 9 October hearing in the top court, lenders sought confirmation on allegations of fraud investigations against JKC's investor, Florian Fritsch, by European entities. JKC countered, emphasizing their compliance in depositing the promised ₹350 crore.

01.11 / 15:07

WhatsApp Immunic President prevention What happens to the AAP-led Delhi govt if Arvind Kejriwal is arrested?

ALSO READ: Delhi Liquor Policy Case: ‘If Kejriwal is arrested…’: Atishi says on ED summons The Indian President and Governors are exempt from civil and criminal proceedings during their term in office. However this immunity does not apply to the Prime Minister or CMs. Tamil Nadu's J Jayalalithaa was the first Chief Minister to be convicted while holding office.

01.11 / 15:07

Digital CEO Racing WhatsApp performer stage reports Low Bharti Airtel CEO Gopal Vittal says tariffs in India are low and need to go up

Bharti Airtel CEO Gopal Vittal on Wednesday said telecom tariffs in India are low and need to go up. He also asserted that the industry need to become viable. Describing 5G as a “long haul", Vittal said that the company is not in any race to beat its drum on having the largest, fastest rollout, but instead is sharply focused on delivering good experience for its 5G customers.

01.11 / 15:07

economy WhatsApp country More than 97% of ₹2,000 banknotes returned, only ₹10,000 crore with public: RBI

Bank of India (RBI) Wednesdays said more than 97% of the ₹2,000 banknotes in circulation have been returned to the banking system, and only ₹10,000 crore of such notes are still in public circulation. "The total value of ₹2000 banknotes in circulation, which amounted to ₹3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of ₹2000 banknotes was announced, has declined to ₹0.10 lakh crore as at the close of business on October 31, 2023. Thus, more than 97% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned," the RBI said in a circular.

01.11 / 15:07

Citi Provident WhatsApp performer social Interviews cricket Mumbai Disguised as cameraman, Suryakumar Yadav interviews cricket fans at Mumbai's Marine Drive; watch video

Virat Kohli slaps chair in utter frustration after getting out for DUCK against England Watch the video shared on the Indian cricket team's social media page: In the clip, Yadav could be seen asking the locals about the performance of the Indian team. While most of the fans lauded the Rohit Sharma-led side for the manner they have played so far, one of the fans suggested that Yadav should be sent up in the batting order to provide him more opportunity to score runs.

01.11 / 15:07

Man Pool Discover WhatsApp ‘… he was creepy,’ attacker on why he stabbed Indian student at public gym in US

Jordan Andrade allegedly stabbed Varun in the head at a Planet Fitness massage room. Andrade was detained following the incident in the gym itself. Valparaiso police were alerted by fellow gym members at the local Planet Fitness club on Strongbow Center Drive when they discovered Varun injured in a massage chair around 9 am on a Sunday.

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