Page 94 - Bs Web Reports

RBI policy: Repo rate hiked by 50 bps to 5.9%; FY23 GDP forecast cut to 7%

CPI inflation for the current financial year is seen at 6.7%, with the price gauge seen at 7.1% in July-September

India's forex reserves fell the most among emerging economies: Report

Since the beginning of 2022, India's reserves have fallen 13.88 per cent from $633.6 billion to $545.6 billion

Need a better reason to come to office, 80% of Indian employees say: Report

According to the 2022 Work Trend Index Pulse Report conducted by Microsoft, 91 per cent of the employees want to go to the office on the prospect of socialising with their co-workers

Tourist arrivals may just be a third of pre-pandemic levels this year

Rajiv Mehra, head of the Indian Association of Tour Operators (IATO), stated that he does not anticipate inbound foreign visitors to surpass 35 per cent of pre-Covid levels until March 31

States' MGNREGA under probe for potential financial misappropriation

Some states have been using more than permitted MGNREGA funds to build rural infrastructure instead of generating livelihood opportunities for rural needy, says Central government

Microsoft rolls out Windows 11 2022 update: What is new and how to get it

More updates are coming to Windows 11 next month, including an updated photo management app to simplify browsing, finding, management and consumption of photos

Public sector banks plan to establish verticals for big data, analytics

PSBs will also launch digital-only goods, services in the upcoming year with minimal data entry requirements, automated checks, and underwriting for consumers

Centre extends deadline for mandatory six airbags in cars to Oct 1, 2023

Earlier in September, MoRTH has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts

PM to inaugurate world's first CNG terminal in Gujarat's Bhavnagar

A public-private partnership (PPP) model will be used to create the CNG terminal project, and Gujarat Maritime Board (GMB), which now oversees the Bhavnagar Port, would be a partner in the project

Sebi to allow confidential pre-filing of IPO documents in Sept 30 meet

The Securities and Exchange Board of India (Sebi) is set to allow confidential pre-filing of offer documents to safeguard sensitive business information

NHAI's InvIT plans to raise Rs 2,000 cr to acquire road assets: Report

The Infrastructure Investment Trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assests from its parent firm

RBI policy: How inflation, repo rate and demand are linked to each other

With the RBI MPC expected to announce its decision on Friday, we explain how inflation, repo rate and demand are linked to each other

All women are entitled to safe and legal abortion, says Supreme Court

The Court ruled that the exclusion of unmarried women who conceive out of live-in relationships from the Medical Termination of Pregnancy Rules is unconstitutional

IOCL signs pacts with Petrobras, Ecopetrol for crude oil supplies: Report

IOCL's pact with Petrobras was signed during petroleum secretary Pankaj Jain's visit to Brazil last week. Petrobras will supply 1.7 million tonnes per annum to IOCL

SBI files 'insolvency petition' against Jaiprakash Associates in NCLT

JAL is involved in cement manufacturing, engineering and construction, expressways, real estate, hospitalities, wind/thermal power plants at various locations all over India.

Rupee trade: Understanding difference between Nostro and Vostro accounts

The RBI has allowed two Russian banks, Sberbank and JSC VTB, to open Vostro accounts for rupee trade. Read more to find out what a Vostro account is and how it is different from a Nostro account

India reaches out to US, Iraq for LNG after Gazprom reduces supply: Report

The decision comes as LNG supplies from Russia's Gazprom have been declining since the start of the Russia-Ukraine war

Amazon introduces Fire TV Cube (third-gen), Alexa Voice Remote Pro in India

Priced at Rs 13,999, the Amazon Fire TV Cube is coming soon to India. The Alexa Voice Remote Pro, priced at Rs 2,499, is now available for pre-order on Amazon India

PLI for IT hardware: Draft proposes raising financial outlay by 2.5 times

Earlier, Ministry of Electronics and Information Technology (MeitY) held discussions with global IT hardware makers who are looking to move part of their production capacity from China to India

India signs deal with Armenia for export of missiles, weapon systems

Armenia is also set to get anti-tank rockets as well as a range of ammunition from India under the bundled deal