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Awfis Space Solutions IPO opens, bidding for issue to close on May 27

22 May, 2024 3:11 PM

Mumbai, May 22 (IANS) The Awfis Space Solutions IPO opened on Wednesday for retail investors. The bidding for this issue will close on May 27.

Business Economy

India to gain as global oil prices decline despite geopolitical tensions

22 May, 2024 12:19 PM

New Delhi, May 22 (IANS) Oil prices declined for a third day in a row in the international market on Wednesday, despite geopolitical tensions, as the US Federal Reserve is not expected to reduce interest rates any time because of the high inflation rate.

Business Economy

NEWS DATE: 21 May, 2024


Indian-descent Nikesh Arora 2nd highest paid CEO in US, says report

21 May, 2024 9:46 PM

Washington, May 21 (IANS) Nikesh Arora, the India-born CEO of Palo Alto Networks, has been ranked America’s second-highest paid CEO in 2023.

International Business Economy

IndiGo flight delayed after crew spots overbooked passenger standing at the back

21 May, 2024 9:09 PM

Mumbai, May 21 (IANS) In an unusual turn of events on Tuesday, an IndiGo flight operating from Mumbai to Varanasi was forced to return to the aerobridge at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) after the crew spotted an overbooked passenger in the flight just before take-off.

National Business Economy


EU agrees to use frozen Russian assets for Ukraine's defence

21 May, 2024 8:46 PM

Brussels, May 21 (IANS) The Council of the European Union (EU) announced on Tuesday that ministers from EU member states have agreed to use proceeds from frozen assets of the Central Bank of Russia (CBR) to support Ukraine's military efforts, reports Xinhua News Agency.

International Economy

JK Tyre clocks 56 pc jump in Q4 net profit, declares dividend of Rs 3.50 per share

21 May, 2024 7:34 PM

Mumbai, May 21 (IANS) JK Tyre & Industries Ltd on Tuesday reported a 56 per cent jump in its consolidated net profit at Rs 169.33 crore for the January-March quarter of 2023-24 compared to the corresponding figures of Rs 108.38 crore reported in the same period of the previous year.

Business Economy

Gold price reaches Rs 74,000

21 May, 2024 7:00 PM

Mumbai, May 21 (IANS) Gold prices have been booming for the last few months. According to the Indian Bullion Jewelers Association (IBJA), the price of 10 grams of 24-carat gold increased to Rs 74,220 per 10 grams on Tuesday, which was Rs 73,383 in the previous trading session on May 17.

Business Economy Market

World sees India on cusp of economic take-off: RBI report

21 May, 2024 6:54 PM

Mumbai, May 21 (IANS) Internationally there is a growing optimism that India is on the cusp of a long-awaited economic take-off, according to the RBI’s monthly bulletin released on Tuesday.

Business Economy Market


Organisers expecting biggest-ever turnout at Kerala Travel Mart 2024

21 May, 2024 6:04 PM

Kochi, May 21 (IANS) Kerala is gearing up to hold the 12th edition of its premier tourism event -- Kerala Travel Mart (KTM-2024) -- starting September 26 with the organisers expecting the biggest-ever turnout.

Business Economy

BHEL Q4 net profit declines 25 pc at Rs 484 crore

21 May, 2024 6:01 PM

New Delhi, May 21 (IANS) Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of Rs 645 crore in the same period last year.

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