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Business

Reports of its foreign investors' accounts being frozen 'blatantly erroneous': Adani group

New Delhi: Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading".

 


RIL chief Mukesh Ambani draws nil salary

New Delhi: Richest Indian Mukesh Ambani drew no salary from his flagship firm Reliance Industries Ltd in the fiscal year ended March 31 as he voluntarily gave up remuneration in light of the pandemic hitting the business and the economy.

 


LATEST HEADLINES

Minor girl kidnapped and raped; main accused and two cafe owners held


Faced criticism from my own community for advocating creamy layer principle: Ex-CJI Gavai


Talks about split coaching surprising, important for people to stay in their domain: Gambhir


Kane scores hat trick and Bayern extends Bundesliga lead to 11 points


Railways announces 84 special trains following IndiGo flight cancellations


No differences of opinion in LDF over PM SHRI, new labour codes: Kerala CM


Will give suitable answer on L&O situation in Karnataka during winter session: Minister Parameshwara


Sri Lanka announces raft of relief for Ditwah-affected; Prez says life restored to normalcy


NIMHANS-like institutes needed across country: Minister Sharan Prakash Patil


Delegation requests for Karnataka HC Bench in coastal districts, hands petition to Chief Justice


Gurugram: Four college students held for night-time thefts of car tyres, rims


Two girls injured in separate wolf attacks in UP's Bahraich




Second COVID wave has hampered India's economic recovery by 15%, unemployment to rise - Economist

Eminent Indian economist Dr Arun Kumar, the Malcolm Adiseshiah chair professor at the New Delhi-based Institute of Social Sciences, believes that the second COVID wave will “hamper” India’s macro-economic recovery, be it in terms of GDP growth, unemployment rate, or investor and business confidence.

 
LIC Collects Highest ever Rs 1.84 Trillion (Lakh Crores) New Premium during Covid Period

Press Release: LIC Collects Highest ever Rs 1.84 Trillion (Lakh Crores) New Premium in Corona Period as per provisional figures. Pays Rs.1.34 Trillion as claims to policyholders.

 

Citibank to exit consumer banking busniess in India

Mumbai: American banking major Citibank on Thursday announced that it will exit from the consumer banking business in India as part of a global strategy.

 

SpiceJet, GoAir decide not to carry Vivo's shipments after Hong Kong fire incident

New Delhi: SpiceJet and GoAir have decided not to carry any shipments of Vivo after a consignment of Chinese company's smartphones caught fire at the Hong Kong airport's tarmac on Sunday.

 

Sensex nosedives over 1,400 pts in early trade; Nifty tests 14,400

Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.

Alibaba fined USD 2.8 billion on monopoly charge in China

Chinese regulators have fined giant e-commerce giant Alibaba USD 2.8 billion on charges of violating anti-monopoly rules.

Mukesh Ambani is Asia's richest person again, overtakes Chinese billionaire Jack Ma: Forbes

New York: India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries Chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.

Highlights of RBI monetary policy announcements

New Delhi: Following are the highlights of RBI's monetary policy for 2021-22:

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