[ad_1] NEW DELHI: The surge in SUVs has made Mahindra & Mahindra one of the biggest gainers in the Indian automotive industry. The company, which till a few years back was struggling to get its act together with previous-gen Scorpio as its only flagship, has staged a turnaround and emerged as the revenue leader in…
[ad_1] NEW DELHI: The escalating geopolitical tension may have implications for the country’s exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body Fieo said.The global uncertainties caused by the continuing war between Russia and Ukraine have impacted India’s outbound shipments in 2023-24, which recorded a decline…
[ad_1] BENGALURU: Srini Pallia, Wipro‘s newly-appointed CEO, is set to receive an annual compensation package ranging from $4.5 million to $7 million, as disclosed in the shareholders’ notice posted on the BSE on Monday. Pallia, a 32-year veteran of the company, assumed the role of CEO and MD on April 7 for a five-year term….
[ad_1] NEW DELHI: Swiss FMCG biggie Nestle may come out with its popular infant formula, Cerelac with ‘no added sugar’ in India. The company has already been on a journey to reduce it to a bare minimum, but this will gather momentum now, Nestle’s chairman and managing director Suresh Narayanan said here Monday.“Hopefully we would…
[ad_1] NEW DELHI: UK Pharmaceutical company AstraZeneca has admitted that its Covid-19 vaccine has the potential to cause to a rare side effect called Thrombosis with Thrombocytopenia Syndrome (TTS), as reported by The Telegraph.AstraZeneca which collaborated with the University of Oxford to create the vaccine is currently dealing with a lawsuit that claims their vaccine…
[ad_1] MUMBAI: Chhatrapati Shivaji Maharaj International Airport (CSMIA) witnessed a 6% year-on-year growth in overall cargo volumes (domestic and international in the financial year 2023-24. International cargo volumes alone increased by 10%, said the Mumbai airport on Monday. The airport also registered a 20% increase in the total number of Cargo Air Traffic Movements (ATMs).CSMIA…
[ad_1] MUMBAI: The Reserve Bank of India (RBI) on Monday announced the launch of ‘Inflation Expectations Survey of Households’ and ‘Consumer Confidence Survey‘ which will provide key inputs for the bi-monthly monetary policy. The next bi-monthly monetary policy is scheduled during June 5-7, 2024. The ‘Inflation Expectations Survey of Households’ aims at capturing subjective assessments…
[ad_1] Flight ticket prices: The Directorate General of Civil Aviation (DGCA) has introduced a new directive that could impact flight ticket prices, making them more affordable for some passengers while potentially increasing costs for others. What is changing?Airlines include charges for certain services in their ticket prices. However, based on feedback, these services are often…
[ad_1] Highest FD rates: Small finance banks provide great interest rates on fixed deposits (FDs), with some going as high as 9%. If you’re looking for top rates, you might want to invest soon, as rates could go down later. Before you invest, check out the best FD rates from small finance banks. Remember, these…
[ad_1] The Employees’ Provident Fund Organisation (EPFO) sets the interest rate for provident fund deposits annually. In February 2024, the EPFO announced an interest rate of 8.25% for the financial year 2023-24, up from 8.15% for the previous year. This has led to many EPF members asking, “When will EPF interest for FY 2023-24 be…