business news

Prime Minister Modi congratulates Reserve Bank of India Governor Shaktikanta Das for achieving the top ranking in the Global Finance Central Banker Report Cards 2023, showcasing India's financial leadership on the global stage.

The cost of domestic LPG cylinders has been reduced by Rs 200, benefiting millions of households and Ujjwala Yojana beneficiaries. Prime Minister Modi's Raksha Bandhan gift provides financial relief amid high inflation and upcoming elections.

Elon Musk's X introduces a new job listing feature on the microblogging platform, exclusively available for verified organizations. The feature aims to connect organizations with potential candidates and offers an avenue for showcasing critical job roles.

Elon Musk's appreciation for a list of India-origin CEOs of major multinational companies sparks a debate on nationality, heritage, and identity among netizens. The post highlights complexities in defining identity and legal affiliation.

The Enforcement Directorate (ED) conducted searches in Hyderabad at the residences of Brightcom Group's CEO and CFO, and the premises of the company's auditor, resulting in the seizure of cash, gold, and bullion. The company has been facing regulatory scrutiny, including fines by SEBI and recent actions against its executives.

In anticipation of the upcoming G20 Summit, Delhi prepares for temporary closures of government and private offices, schools, shops, and financial institutions from September 8 to September 10. The move aims to ensure smooth traffic flow and logistical arrangements during the prestigious global event.

Industrialist Ratan Tata's recent receipt of the prestigious 'Udyog Ratna' Award by the Maharashtra government has revived an old video in which he recounted an audacious encounter with a gangster during his initial days as the chairman of the Tata Group. The video, shared by the Columbia Business School on their YouTube channel almost a decade ago, showcases Tata's resolute decision not to yield to the intimidation tactics employed by the alleged gangster.

In a significant development, Apple's manufacturing partner, Foxconn Technology Group, has initiated the production of the much-anticipated iPhone 15 in Tamil Nadu, India. This move highlights Apple's ongoing efforts to diversify its manufacturing operations and reduce its reliance on China as its primary manufacturing base.

Adani Power's shares experienced a 4% drop before making a partial recovery following news of a potential 8% stake sale by promoters to a marquee global fund, while another Adani group firm also made stake acquisitions.

Retail inflation in India surged to a 15-month high of 7.44% in July, driven by a sharp increase in food prices, particularly vegetables. The Consumer Price Index (CPI) recorded a significant jump from 4.87% in June and 6.71% in July 2022, prompting concerns about the impact on consumers' purchasing power and the broader economy.