RBI Draft New Regulations To Ease Foreign Trade Transactions
The RBI unveiled new draft regulations aimed at simplifying foreign trade transactions, particularly benefitting small exporters & importers.
Zomato Receives Shareholders’ Approval For New ESOP Pool Worth Rs 3,800 Crore
Zomato has secured shareholders' approval to establish a new employee stock option pool comprising 18.2 crore shares.
Markets Close Marginally Lower On Profit-Booking
In Asian markets, Singapore, Tokyo, Hong Kong, and Shanghai closed in positive territory, while Thailand, Taiwan, Indonesia, Thailand, Malaysia, and South Korea ended in negative territory
4 Adani Ports Shine In Container Port Performance Index 2023
On 19 June, APSEZ announced 4 ports ranked in 'Container Port Performance Index 2023' by the World Bank and S&P Global Market Intelligence.
Indian Fast Fashion Industry To Become $50 Million By FY31: Report
While the broader fashion industry witnessed a decent growth of 6 per cent on year-on-year basis, Indian fast fashion industry, driven by Millenials and Gen z, saw a monumental growth of 30-40 per cent.
Nomura: Strong Macroeconomic Outlook For India In 2nd Half Of FY25
Nomura projects a decline in India's consumer price index from 5.7% at the end of FY24 to 4.8% in the first quarter of FY25.
SEBI Issues Show-Cause Notice To Hindenburg Research, Anderson, & FPIs Over Adani Trading Violations
The SEBI has issued a show-cause notice to Hindenburg Research, Nathan Anderson, and the Mauritius-based FPI entities linked to Mark Kingdon.
Samsung Electronics Workers To Launch Three-Day Strike Over Wage Dispute
The union has demanded more paid leave and compensation for economic losses incurred during unpaid strikes.
Sensex And Nifty Hit Record Highs In Early Trade
In Asian markets, Indonesia, Thailand, Tokyo, Hong Kong, Malaysia, and Shanghai were trading in positive territory, while Singapore, Taiwan, and South Korea, were trading in negative territory
97.87% of ₹2000 Banknotes Returned Following Withdrawal Announcement
On Monday, the RBI announced that 97.87% of the ₹2000 banknotes that were in circulation as of 19 May 2023, have been returned.
