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Indian stock indices decline largely on profit booking
Updated : 3 years ago IST
Indian stock indices declined Friday morning, largely due to profit booking after the recent consistent bull run. Indian stock indices had been rising for about two weeks, backed by higher-than-estimated Q4 earnings, firm GST collection and foreign fund inflows.
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Multinationals pivot to India, has the Indian economy hit a purple patch?
Updated : 3 years ago IST
India's manufacturing industry is taking giant strides; the IT services are dubbed the best in the world; the country is fast emerging as one of the most attractive investment destinations on the planet, and her thriving service sector is witnessing unprecedented demand.
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Kolkata port flags off first trial movement of cargo ship to Myanmar's Sit
Updated : 3 years ago IST
A cargo ship was flagged off on Thursday from a Kolkata port for a trial run to a facility at Sittwe in Myanmar which is funded by India as part of the Kaladan Multimodal Transit Transport project, officials said.
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NIA raids 16 locations across J-K in Jamaat-e-Islami terror funding case
Updated : 3 years ago IST
In the ongoing operation, multiple NIA teams in close coordination with the Central Reserve Police Force and the Jammu and Kashmir Police searched 11 locations in Baramulla and five in the Kishtwar district of the Union Territory.
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Pando raises USD 30 million amidst funding winter, to future-proof enterpr
Updated : 3 years ago IST
San Jose (California) [United States]/ Chennai (Tamil Nadu) [India], May 4 (ANI/BusinessWire India): Supply chain software leader, Pando, today announced its Series B funding of USD 30 million, bringing total capital raised so far, to USD 45 million. The round was led by marquee Silicon Vall
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IMF's staff-level agreement with Pakistan looks dicey: Report
Updated : 3 years ago IST
Amidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, unless the country makes a strong case for debt sustainability, reported Daily Times.
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FM Sitharaman meets Japan Bank for International Cooperation's governor in
Updated : 3 years ago IST
According to the finance ministry's tweet on Wednesday, the finance minister encouraged the engagement of JBIC with Indian financial institutions such as Exim Bank, National Investment and Infrastructure Fund (NIIF) and lending banks to leverage the strength and complementarities of both cou
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Afghanistan receives Euro 1.5 million monetary aid from Ireland
Updated : 3 years ago IST
Afghanistan received fresh monetary aid for the Afghanistan Humanitarian Fund (AHF) of Euro 1.5 million for 2023, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) announced, Khaama Press reported.
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Pakistan violates FATF redline by letting JeM seek funds for jihad
Updated : 3 years ago IST
According to local residents, members of JeM were reportedly seeking funds for carrying out jihad in Kashmir and Palestine in Bagh-e-Naran, a suburb on the outskirts of Peshawar in Khyber Pakhtunkhwa in April this year.
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Solar Ladder raises 11 crores in seed funding from Axilor Ventures, Titan
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], May 3 (ANI/NewsVoir): Solar Ladder, a supply chain platform for Solar Installation companies today announced it has raised 11 Crores in seed funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures, and angels from Atha Group, NIPHA group, Varun Alagh
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Terror funding case: Delhi HC issues notice to NIA on plea challenging fra
Updated : 3 years ago IST
A division bench comprising justices Sidharth Mridul and Talwant Singh issued notice to the agency and listed the matter on August 3, 2023.
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Funded by Kotak Securities, Fintech firm BankSathi closes FY23 with net re
Updated : 3 years ago IST
Bangalore (Karnataka) [India], May 3 (ANI/NewsVoir): BankSathi, India's largest Agent Based financial products distribution platform, closed FY23 with a net revenue of Rs 60 crore, marking a 120 per cent growth over FY22. The company's exceptional growth was fuelled by a 300 per cent surge i
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