US Concerned Over Drug-Resistant Bacteria Linked To Indian Eye Drops
US has prompted concerns over the possibility of an Indian company's eyedrops being linked to a highly drug-resistant bacteria that could spread throughout the country.
FY23 Witnesses 8% Increase in FMCG Sales, Electronics Elevates by 25%
In FY23 ended on March 31, sales of daily necessities, groceries, etc. increased by 8%, whereas sales of electronic products experienced a significant surge of 25%.
HDFC Bank Q4 advances surge by 17%
The private lender HDFC bank said on April 3 that during the March quarter of the fiscal year 2022–23, its advances rose 16.9 per cent and deposits increased 20.8 per cent as compared to the same quarter last year.
India’s Direct Tax Collection Exceeds Budgeted Estimate by 17% in FY23
The direct tax collection for FY 2023 has increased by 17.63% compared to the previous year, with a total collection of Rs. 16.61 lakh crores.
04 April 2023: Petrol And Diesel Price Remains Unchanged Today, Check Rates Of Your City
In Kolkata, the cost of petrol is Rs 106.03 and that of diesel is Rs 92.76 a litre, respectively...
Tata, ITC And Other Big FMCG Players Are Gearing Up For The Race To Acquire Capital Foods
Tata, ITC, Nestle, Kraft Heinz, and Nissin Foods are among the potential bidders. Bloomberg had earlier said that Nestle was in talks with Capital Foods' management about a prospective acquisition that would likely value the company at above $1 billion.
Apple Prioritizes iPhone Production In India, Put Plans For iPads And MacBook On Hold
Apple has refused to participate in the revised IT hardware production-linked incentive (PLI) scheme. It stated that it remains committed to manufacturing only iPhones in India.
Oil Prices Soar After OPEC+ Announces Production Cut
The oil price soared and surpasses USD 85 per barrel, whereas, the price of Brent crude oil surged over $5 a barrel or 7%, to over $85 as trading began
RBI To Announce First Interest Rate Hike In FY24 At Upcoming Policy Meeting
According to analysts, there is a need for another hike due to weaker-than-anticipated global growth, supply-side disruptions in global commodities etc...
Crude Oil Prices Increased To $85 Per Barrel, Check Revised Rates Of Petrol-Diesel & LPG Cylinders
In the national capital, the petrol rates at Rs 96.72 per litre and diesel costs Rs 89.62 per litre...