Business
World food prices in Feb at all-time high

World food prices in Feb at all-time high

06-03-2022 comments

New Delhi (IANS) The benchmark gauge for world food prices went up in February, reaching an all-time high, led by vegetable oils and dairy products, the UN's Food and Agriculture Organization (FAO) said.

The FAO Food Price Index averaged…

India's FY23 footwear industry growth expected between 8-to-10%

India's FY23 footwear industry growth expected between 8-to-10%

05-03-2022 comments

New Delhi (IANS) India's footwear industry is expected to reach the pre-pandemic levels with a revenue growth of 8-to-10 per cent year-on-year in FY23.

However, domestic footwear players are likely to witness a muted performance in FY22…

Telecom industry to witness healthy revenue growth in FY23

Telecom industry to witness healthy revenue growth in FY23

05-03-2022 comments

New Delhi (IANS) Tariff hikes as well as continued increase in data usage is expected to accelerate telecom industry's revenue growth in FY23.

The sector has been saddled with debt due to complications such as the 'Adjusted Gross Revenue'…

Equity indices extend losses, Sensex down over 800 pts

Equity indices extend losses, Sensex down over 800 pts

04-03-2022 comments

New Delhi (IANS) India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses and fell sharply in the opening session on Friday amid skyrocketing crude oil prices.

At 10.09 a.m., Sensex was 1.5 per cent or 818 points down…

YouTube creators contributed Rs 6,800 cr to Indian economy in 2020

YouTube creators contributed Rs 6,800 cr to Indian economy in 2020

03-03-2022 comments

Mumbai (IANS) YouTube's growing creator ecosystem is generating considerable economic value for the indian market and contributed Rs 6,800 crore to the country's GDP, while supporting 6.83 lakh full-time equivalent jobs in 2020, the Google-owned…

Healthy demand accelerates growth of India's manufacturing sector in Feb: PMI

Healthy demand accelerates growth of India's manufacturing sector in Feb: PMI

02-03-2022 comments

New Delhi (IANS) India's manufacturing sector's growth sequentially rose in February 2022 due to robust demand.

Accordingly, the seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) came in at 54.9…

India's Feb 2022 exports up 22%, imports rise 35%

India's Feb 2022 exports up 22%, imports rise 35%

02-03-2022 comments

New Delhi (IANS) India's merchandise exports in February 2022 rose to $33.81 billion, higher by 22.36 per cent on a year-on-year basis, preliminary data showed on Wednesday.

Exports in February 2021 stood at $27.63 billion.

According…

Being forced to bid adieu the company I founded: Ashneer

Being forced to bid adieu the company I founded: Ashneer

01-03-2022 comments

New Delhi (IANS) Ending months-long saga that kept the fintech platform BharatPe in headlines for all the wrong reasons, its Co-founder and Managing Director Ashneer Grover has finally quit minutes after receiving the agenda for upcoming Board meeting,…

Metal stocks surge on Russia-Ukraine war, Nifty metal up 5%

Metal stocks surge on Russia-Ukraine war, Nifty metal up 5%

28-02-2022 comments

New Delhi (IANS) Shares in the metal space have witnessed sharp gains on Monday as tensions between Russia and Ukraine are expected to turn India's metal sector attractive.

The Nifty metal index rose 5 per cent on Monday.

"Metal…

Adani Wilmar shares rally as Russia-Ukraine war threatens India's sunflower imports

Adani Wilmar shares rally as Russia-Ukraine war threatens India's sunflower imports

27-02-2022 comments

New Delhi, (IANS) At a time when the equity segment has been going through a sharp correction amid the Russia-Ukraine war, shares of Adani Wilmar rose around 10 per cent overall in the trading week that ended on Friday.

The shares of the company…

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