Arvind Mediratta, Managing Director and Chief Executive Officer, METRO Cash & Carry India Pvt. Ltd. | Photo Credit: Special Arrangement ‘Funding Winter’ is good news for millions of kiranas in the country in the backdrop of many e-commerce platforms and large retail chains finding tough to meet their profitability and sustainability goals, said METRO Cash […]
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Photo used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 63 paise to close at a one-month high of 81.97 (provisional) against the U.S. dollar on Friday, as fresh foreign fund inflows and positive domestic equities supported investor sentiments. Forex traders said positive PMI services data also boosted investor sentiments. At […]
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Union Food Secretary Sanjeev Chopra asserted that wheat crops are unlikely to get damaged although temperatures are little bit on higher side and exuded confidence of achieving a record output of 112 million tonne in this crop year ending June. The Secretary said the ban on wheat exports would continue, boosting the availability of grains […]
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Market benchmarks declined in early trade. File | Photo Credit: The Hindu Market benchmarks declined in early trade on Thursday amid a largely weak trend in global equities and continuous foreign fund outflows. The BSE Sensex declined 145.4 points to 59,265.68. The NSE Nifty dipped 47.95 points to 17,402.95. From the Sensex pack, Tata Consultancy […]
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SEBI noted that Arshad Warsi has made a profit of ₹29.43 lakh and his wife has earned a profit of ₹37.56 lakh. File SEBI on March 2 barred 31 entities, including actor Arshad Warsi, his wife Maria Goretti and promoters of Sadhna Broadcast from the securities market in a case related to uploading misleading videos […]
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In the past eight days, the BSE benchmark had tumbled 2,357.39 points or 3.84%, and the Nifty declined 731.9 points or 4.22%. File | Photo Credit: PTI Stock market benchmarks ended nearly 1% higher on Wednesday, halting their eight days of decline, amid gains in Asian and European equity exchanges. The BSE Sensex advanced 448.96 […]
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India’s Goods and Services Tax (GST) revenues grew 12.4% in February 2023 to over ₹1.49 lakh crore, with tax receipts from goods imports rising 6% and domestic transactions along with services imports yielding 15% more, compared to a year ago. The ₹1,49,577 crore gross GST kitty collected in February marks the 12th successive month that […]
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India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. “King coal is coming back and coming with a big bang,” Anil Kumar Jha, the chairman of Jindal Power Ltd., told the Coaltrans […]
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Organisations in the retail sector have their work cut out. They have to put a smile on the customer’s face: Apart from the tie, the sales force at the counter has to wear their amiability, courtesy and smile right. And the organisation has to also make sure its employees do not lose their smile the […]
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Globalisation may have peaked, but the resilience of world trade in the face of mounting headwinds means a reversal of the past three decades is not inevitable. Since the COVID-19 pandemic and Russia’s invasion of Ukraine shattered global supply chains, debate has raged over how integrated the global economy will be in the future compared […]
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