The growing distance between America and China is a testament to America's dynamism and stability. For nearly two decades, China played the role of the world's factory, but today it is facing many economic challenges. Nearly a third of China's real estate sector is in deep trouble and its collapse …
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Election: Onion price will not increase during elections in the country, government took a big decision
Due to rising prices of onion in the country, the government is also changing. Such incidents have also happened in history. In such a situation, amidst the elections, the government has taken a big decision regarding the export of onion. Onion export has now become costlier by 40 percent. Whereas, …
Read More »Health Insurance: Difficulties in reimbursement claims
If you have taken health insurance and are facing problems from claim to payment after treatment, then this report is for you. Local Circle has surveyed about 40 thousand people across the country. The survey revealed that after making a claim, one has to face a lot of problems ranging …
Read More »Amazon-Flipkart violated the law for monopoly in phone sales – News India Live
In 2019, an investigation was conducted based on a complaint filed by the Delhi Trade Union: lakhs of traders had to close their businesses due to such policies of both the companies. In the four-year-old case involving Amazon and Flipkart, the investigation by the Director General of Investigation of the …
Read More »IT expenditure of private banks increased amid increase in digital transactions
Private banks have significantly increased their information technology (IT) spend as most of the banking transactions in digital India are now done online. Unlike the one-time capital expenditure before the transformation in core banking, IT is now becoming a recurring cost accounting for up to 10 per cent of operating …
Read More »1.3 crore mutual fund accounts suspended for not completing KYC
KYC registration bodies have said that mutual fund accounts of 1.3 crore investors out of 11 crore investors in the country have been suspended after the completion of the KYC process. The reason for this turned out to be non-submission of Aadhaar and official valid documents by individual investors. According …
Read More »AIDA, KKR invest $1.5 billion in Reliance Retail warehouses
Abu Dhabi Investment Authority (ADIA) and KKRA Reliance Retail Venture Limited's warehousing project worth Rs. There is news of investment of Rs 12,864 crore i.e. 1.5 billion dollars. The investment is not in the Infrastructure Investment Trust (INVIT), which was formed last year by Reliance Retail Ventures Ltd (RRVL) to …
Read More »Minor fluctuations in precious metals: stability in crude oil
Mumbai: Domestic precious metal prices remained marginally volatile amid volatility in global precious metal prices. Marketers say that demand in the retail sector is still low while prices are still relatively high. Dollar exchange rates announced by customs authorities for calculating import duty on gold and silver. Crude oil prices …
Read More »Sensex fell 1627 points from the high of 75095 and finally fell 733 points to 73878
Mumbai: Global positives included the signing of a ceasefire between Israel and Hamas, crude oil prices falling the most since February, Apple Inc's historic share buyback in China with better-than-expected results and a solid outlook-projected recovery. In contrast to global markets being hit by technology stocks, funds, heavyweights and index-based …
Read More »New record of IPO after the current Lok Sabha elections
Mumbai: A new record is being seen in the month of May in terms of initial public offering (IPO) for the 2024 Lok Sabha elections. During the Lok Sabha elections from 2004 to 2019, no public offering was seen in May, whereas during the current Lok Sabha elections, three medium-sized …
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