Asus bets big on India’s personal computer market

Asus bets big on India’s personal computer market

Monday, 10 June 2024 | PTI | Taipei

India’s personal computer (PC) market is better than the rest of the world and low penetration level of the devices offers a good growth opportunity for the Taiwanese tech major Asus, senior company officials have said. The Taiwanese PC maker has seen positive growth in the Indian market. Asus India consumer and...

Sebi recognised for innovative regulatory practices

Saturday, 08 June 2024 | PTI | New Delhi

Sebi has been given ‘Best Conduct of Business Regulator’ award in Asia Pacific by The Asian Banker for its role in enhancing the regulatory framework for securities markets in India. The award was received by Sebi’s Whole Time Member Kamlesh Chandra Varshney in a ceremony held in Hong Kong. “This authority (Sebi)...

Saudia Group keen to offer MRO services for Indian airlines

Saturday, 08 June 2024 | PTI | New Delhi

audia Group is keen to increase the number of flights connecting Saudi Arabia and India as well as provide MRO services to Indian carriers. Saudia Airlines, part of the group, currently operates 54 weekly flights connecting seven destinations in India, including Delhi, Mumbai and Hyderabad. An executive of the group said...

India’s strong growth leading to trend of reverse flipping for startups

Saturday, 08 June 2024 | PTI | New Delhi

India’s strong growth is leading to a trend of ‘reverse flipping’ as domestic startups that once used to move abroad for capital access and tax benefits are now returning home, a top government official has said. Commerce Secretary Sunil Barthwal also said that the digital economy along with emerging technologies like...

RBI raises GDP growth projection to 7.2 per cent for FY25

Saturday, 08 June 2024 | PTI | Mumbai

The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the...

Sensex, Nifty hit all time closing high levels

Saturday, 08 June 2024 | PTI | Mumbai

Benchmark equity indices Sensex and Nifty climbed over 2 per cent to settle at record closing high levels on Friday after the Reserve Bank of India (RBI) revised upwards the GDP growth projection to 7.2 per cent for 2024-25 from 7 per cent earlier. The 30-share BSE Sensex jumped 1,720.8 points,...

RBI keeps interest rates unchanged; policy committee more divided

Saturday, 08 June 2024 | PTI | Mumbai

The Reserve Bank of India (RBI) left its key interest rates unchanged on Friday as expected, keeping the focus on inflation amid robust economic growth that is likely to provide the new Modi government headroom for manoeuvring reforms. The Monetary Policy Committee, consisting of three RBI and an equal number of...

RBI raises GDP growth projection to 7.2 pc for FY25

RBI raises GDP growth projection to 7.2 pc for FY25

Friday, 07 June 2024 | PTI | Mumbai

The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the National...

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