Photo: India Today

Q4 GDP Growth Of 6.1% Beats Estimates, Grows In FY23

The gross domestic product, which is a representation of any country, revealed the world's growth has been hit by recession and geopolitical tensions, economists had predicted a 5% GDP growth for India. The Reserve Bank of India pegged it at 5.1%. But the Indian economy has beaten both estimates by a significant margin, to clock a 6.1%, GDP growth in the January-March quarter of FY23.

Thu, 01 Jun 2023 - 01:01 PM / by Varsha Joshi

Tags: FY23, Indian GDP, Growth, Quarter Finances, World Recession

Courtesy: The Indian Express

Elon Musk

Photo: CNN

Elon Musk Regain Wealthiest Man Spot With Tesla Success

Elon Musk has once again become the world's wealthiest person, surpassing luxury tycoon Bernard Arnault. The shift occurred after shares of Arnault's LVMH dropped in Paris trading. Musk and Arnault have been in a close race for the top spot on the Bloomberg Billionaires Index this year. Recently, Musk slipped from the top wealthy man spot, but with Tesla's success his fortune is now $192.3 billion and regained the status.

Thu, 01 Jun 2023 - 10:15 AM / by Varsha Joshi

Tags: Elon Musk, Wealthiest Man, Tesla, Billionnaires, Bloomberg report

Akash-Shloka Ambani welcoming baby girl

Photo: PTC Punjabi

Akash & Shloka Ambani Welcomes Second Child

Akash Ambani, the elder son of billionaire Mukesh Ambani, and his wife Shloka Mehta Ambani on Wednesday welcomed their second child on Wednesday, a baby girl. The couple had their first child Prithvi in December 2020. Dhanraj Nathwani, a friend of the Ambani children and son of family confidant and Rajya Sabha MP Parimal Nathwani, took to Twitter to announce the birth of the girl child.

Thu, 01 Jun 2023 - 09:30 AM / by Varsha Joshi

Tags: akash ambani, shloka ambani, Indian Businessman, Baby Child, Ambanis


Photo: India Frontline

Govt To Reject Funding Application Of Vedanta-Foxconn

The Indian government is likely to reject crucial funding for Anil Agarwal's chip venture, said sources.  Notably, the government authorities will likely inform the joint venture between Taiwan's Foxconn and Vedanta that it will not be receiving incentives for the production of 28-nanometer chips. The announcement will be a blow to Anil Agarwal's dream of establishing India's version of Silicon Valley. The venture failed to meet government's… read-more

Wed, 31 May 2023 - 12:40 PM / by Varsha Joshi

Tags: Foxconn, Vedanta, Venture, Funding Application, Business News

Rs 2000 notes

Photo: India Today

Exchange Of Rs 2,000 Continues, SBI Collected Rs 17,000 Crore

The withdrawal of Rs 2,000 notes from circulation has been a ruckus for businessmen as they rush to banks for exchange. Despite a span of four months given by the Reserve Bank of India, the flow of money exchange continues. Notably, a considerable number of people are disposing of Rs. 2,000 notes. Furthermore, within a week, the State Bank of deposits and exchanged currency worth Rs 3,000 crore.

Tue, 30 May 2023 - 07:03 PM / by Varsha Joshi

Tags: Bank, SBI, Indian Business, RBI, Rs 2000 Notes

Delhi High Court

Photo: India Today

Delhi HC Rejects Plea Filed Over Rs 2,000 Note Exchange

The Delhi High Court dismissed a public interest litigation (PIL) filed against the decision of no identity proof and requisition slip, in order to exchange Rs 2,000 notes. The PIL opposed the Reserve Bank of India's (RBI) decision and demanded the court to direct the agency to reverse its order. However, the HC bench led by Justice Satish Kumar Sharma, refused to entertain the petitioner

Mon, 29 May 2023 - 11:30 AM / by Varsha Joshi

Tags: RBI, Delhi HC, Notes Exchange, Rs 2000, Petition

Go First

Photo: India Today

Go First Extended Flight Cancellation Till May 31

In an official statement, airline Go First announced that its flight operations will remain cancelled till May 30. The tweet shared also mentioned that passengers would get a full refund.  "We regret to inform you that due to operational reasons, Go First flights scheduled till May 30, 2023, have been cancelled," said the airline. This is the second time that Go First extended the cancellation of operations.

Sat, 27 May 2023 - 03:30 PM / by Varsha Joshi

Tags: Indian Flights, Aviation, Airlines , Go First, Operation Suspended

Rs 2000 notes

Photo: India Today

Delhi HC Lists PIL Against Rs 2,000 Note Withdrawal By RBI On May 29

The Delhi court, which was hearing a PIL challenging the RBI's decision to withdraw the banknote from circulation, posted the matter for hearing on May 29. The withdrawal of Rs 2000 denomination banknotes from circulation was a “currency management exercise”, said RBI. A bench headed by Chief Justice Satish Chandra Sharma is reviewing the matter, and asked the RBI to defer the decision of the withdrawal of Rs 2,000 notes.

Fri, 26 May 2023 - 05:29 PM / by Varsha Joshi

Tags: Delhi HC, Indian government, RBI, Rs 2, 000 note

Petrol Pump Note

Photo: Twitter

Petrol Pump In Hyderabad Notice For Customers With Rs 2,000 Note

Taking advantage of the withdrawal of Rs. 2,000 notes, a petrol pump in Musheerabad region of Hyderabad came up with this unique sale strategy. At the petrol pump, they put up a small note saying, customers who come with Rs. 2,000 note had to purchase petrol for a minimum of Rs. 500. This creative idea of boosting sales is going viral on social media platforms. This is going viral.

Thu, 25 May 2023 - 01:58 PM / by Varsha Joshi

Tags: petrol pump, Funny Post, Viral, Rs 2000, Hyderabad Customers

Courtesy: The Hans India

Drone Sea Guardian

Photo: India Today

Indian Navy Likely To Exetend Lease Of Sea Guardian Drones

With Quad nations joining hands-on maritime domain awareness in the Indo-Pacific, India plans to speed up the acquisition of armed drones from the US. The decision came despote the fact that the Indian Navy is working towards extending the lease of two General Atomics-manufactured Sea Guardian surveillance drones, set to expire in January 2024. The Indian Navy is satisfied with the output of its surveillance version, the Sea Guardian.

Thu, 25 May 2023 - 10:35 AM / by Varsha Joshi

Tags: Drone, Sea Guardian, Indian Navy, Indian government, lease

Courtesy: Hindustan Times