Kia Sonet crosses cumulative sales milestone of 1.5 lakh units

Kia Sonet crosses cumulative sales milestone of 1.5 lakh units

Tuesday, 21 June 2022 | PTI | New Delhi

Automaker Kia India on Monday said its compact SUV Kia Sonet has crossed the cumulative sales milestone of 1.5 lakh units since launch in September 2020.  The model has contributed over 32 per cent of the company’s total sales and commands almost 15 per cent share in the highly competitive compact...

Auto ancillaries’ revenue may grow 8-10 pc in FY23 on stable demand, easing supply-chain woes

Tuesday, 21 June 2022 | PTI | Mumbai

Auto ancillaries’ revenues are expected to grow 8-10 per cent in 2022-23 on the back of a stable demand and likely easing of supply-chain concerns in the second half of the year, Icra said on Monday. At the same time, the sector’s coverage metrics is also likely to remain comfortable in...

Duty-related steps to slash steel exports by 40%, says CRISIL

Tuesday, 21 June 2022 | PTI | New Delhi

India’s steel exports is expected to come down by 40 per cent to 12 million tonnes (MT) in the ongoing fiscal, as a result of the duty-related measures taken by the government last month, according to CRISIL.    The export of finished steel had reached a record high of 18.3 million...

Sebi forms advisory panel on hybrid securities to facilitate greater retail participation

Tuesday, 21 June 2022 | PTI | New Delhi

Markets regulator Sebi has set up an advisory committee on hybrid securities, which will make recommendations for giving a fillip to the growth of such instruments, including measures focusing on ease of issuance and attracting domestic and global capital. The 20-member committee will be chaired by K V Kamath, Chairperson of ...

Rupee gains 7 paise to close at 77.98 against US dollar

Tuesday, 21 June 2022 | PTI | Mumbai

The rupee appreciated by 7 paise to settle at 77.98 (provisional) against the US dollar on Monday as crude oil prices retreated from elevated levels. However, unabated foreign fund outflows restricted the appreciation bias in the rupee, forex dealers said.  At the interbank forex market, the local unit opened strong at...

Markets halt 6-day losing streak; Sensex jumps 237 points in choppy trade

Tuesday, 21 June 2022 | PTI | Mumbai

Snapping a six-day losing run, equity indices settled in the green after a highly volatile session on Monday, with the Sensex climbing 237 points amid positive cues from European markets. The BSE benchmark gained 237.42 points or 0.46 per cent to settle at 51,597.84. During the day, it hit a high...

Adverse global events may lead to USD 100 bn portfolio outflows: RBI article

Tuesday, 21 June 2022 | PTI | Mumbai

Portfolio flows in India are the most sensitive to shifts in risk sentiment globally and in an adverse scenario, potential portfolio outflows can average up to 3.2 per cent of GDP or USD 100 billion (Rs 7.8 lakh crore) in a year, an RBI article said. The article, titled ‘Capital Flows...

United Airlines to start daily flights from Bengaluru to San Francisco by end of 2022

United Airlines to start daily flights from Bengaluru to San Francisco by end of 2022

Monday, 20 June 2022 | PTI | Bengaluru

United Airlines is scheduled to begin daily flights from here to San Francisco in the last quarter of 2022, according to Kempegowda International Airport, Bengaluru. Australian national carrier Qantas will begin four weekly flights to Sydney from September 14, the airport said in a statement on Monday while giving an update...

Sunday Edition

Religious Interactions – A Reappraisal

26 June 2022 | Susan Mishra | Agenda

A search for self-fulbillment

26 June 2022 | Navin Upadhyay | Agenda

The Trail of Buddha is like a fascinating train journey

26 June 2022 | RAJ KANWAR | Agenda

The art of job-hunting

26 June 2022 | Deepak Kumar Jha | Agenda

Astroturf | Adapt fresh methods proven by research for clear lead

26 June 2022 | Bharat Bhushan Padmadeo | Agenda

Indo-Pacific Eco Framework: Concept to strategy

26 June 2022 | Vivek Mishra/ Mrityunjaya Dubey | Agenda