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Union Minister Piyush Goyal addressing a meeting

Indian economy may touch $30 trillion in next 30 years
Union Minister Piyush Goyal said India would "very soon" become a $30 trillion economy from the current $3 trillion leve

Ayush BansalJune 27, 2022

Image: The Economic Times India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Com...

BusinessNews

Future Enterprises defaults on Rs 4.10 cr interest payment for NCDs
“The company is unable to service its obligations in respect of the interest on non-convertible debentures was due on June 24, 2022,” said FEL

Ayush BansalJune 27, 2022

Image: The Economics Times Debt-ridden Future Enterprises Ltd (FEL) has defaulted on interest payment of Rs 4.10 crore for its non-convertible debentures. ...

BusinessNews

Pakistan PM Sharif announces 10% ‘super tax’ on large-scale industries
Moments after Sharif's announcement, the benchmark KSE-100 index was down by 2,053 points or 4.8 per cent.

Ayush BansalJune 25, 2022

Image: Deccan Herald Pakistan PM Sharif announces 10% ‘super tax’ on large-scale industries Pakistan's prime minister Shehbaz Sharif has announced a 10% ...

BusinessMarketsNewsWorld

Sensex gains over 450 pts, Nifty ends shy of 15700
Market Closing: Indian indices on Friday closed higher, led by market heavyweights M&M, IndusInd Bank, Bajaj Finance, among others.

Ayush BansalJune 24, 2022

Image: Business Today The frontline equity indices on the BSE and National Stock Exchange (NSE) continued their recovery for the second consecutive day, ris...

BusinessMarketsNews

Nithin Kamath, co-founder of Zerodha, explains why he stopped trading.
Zerodha CEO Nithin Kamath took to Twitter to share why he stopped trading stocks actively and how wealth can not make up for bad health.

Ayush BansalJune 23, 2022

Image: CNBC TV18 Zerodha CEO Nithin Kamath took to Twitter to share why he stopped trading stocks actively and how wealth can not make up for bad health. ...

BusinessNews

Kellogg to focus on snacks with split into 3 segments
The company said it is exploring further strategic alternatives, including a potential sale, for its plant-based business.

Ayush BansalJune 22, 2022

Image: Persia Digest Kellogg said on Tuesday it was splitting into three independent companies by spinning off its North American cereal and plant-based foo...

BusinessMarketsNews

Mutual funds allowed to invest in global stocks again
In January, Sebi had asked mutual fund houses to stop taking fresh subscriptions in schemes investing in overseas stocks

Ayush BansalJune 22, 2022

Image: Value Research Capital markets regulator Securities and Exchange Board of India (Sebi) has allowed mutual funds (MFs) to resume investing in internat...

BusinessMarketsNews

Sensex breaks six-day losing streak, ends 237 pts higher
Markets end in green as Sensex surges by 237.42 points; Nifty up by 56.65 pts

Ayush BansalJune 20, 2022

Image: Business Today Indian indices on Monday ended in the green as both the Sensex and Nifty gyrated between gains and losses. The indices started the ses...

Business

Indian govt to convert debt into equity in Vodafone Idea
Vodafone Idea to consider proposal for raising of funds aggregating upto ₹500 crore from Vodafone Group

Ayush BansalJune 20, 2022

Image: The Economic Times The government will convert its debt into equity in Vodafone Idea ahead of 5G auctions scheduled from July 26, according to a Fina...

BusinessMarketsNews

Deltatech Gaming submits Rs 550 cr IPO papers with Sebi
Deltatech Gaming’s Adda52 was one of the earliest companies in the RMG segment in India, and it claims to have retained a 34.5% market share

Ayush BansalJune 19, 2022

Delta tech Gaming Ltd, a digitally native, technology-led gaming platform, has filed preliminary papers with the market regulator Sebi to raise Rs 550 crore thr...

BusinessMarketsNews