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IndiaTV Business: Google News Feed: Digest for February 15, 2023

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Bitcoin Dip: Take Advantage of the Temporary Drop

Sunday 12 February 2023 06:49 AM UTC+00
As of February 11th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 0.67% and was trading at $21,865.01. Meanwhile, Ethereum had a major drop of 0.12% and was trading at approximately $1,535.68.
Apollo Micro Systems has reported a whopping more than 90 per cent increase in its net profit in the third quarter year-on-year basis. The company through an exchange filing said that its net profit in the December quarter stood at Rs 660.48 lakh as against Rs 338.33 lakh a year ago period.
Construction engineering major Salasar Techno Engineering has released its third quarter earnings. According to an exchange filing by the New Delhi-based company, its total comprehensive income after tax during the December quarter stood at Rs 1069.33 lakh, registering an increase of around 54 per cent on a YoY basis. The same stood at Rs 695.91 lakh during a year ago period. In Q2FY23, the company reported a total comprehensive income of Rs 751.18 lakh.
E-commerce giants Amazon and Flipkart were served show-cause notice along with 20 other online sellers by the Drugs Controller General of India (DCGI) regarding the sale of drugs without a licence.
Zomato News: Zomato in its latest financial report has reportedly widened losses. The company has also announced that it has ceased operations in 225 smaller cities, as their performance was deemed not "very encouraging." Zomato's losses for the quarter ending in December reached Rs 346.6 crore due to the reduction in the food delivery business, which was described as having experienced an "unexpected slowdown in demand."
Vodafone Idea has reportedly begun discussions with Indian banks and other lenders including  State Bank of India, Punjab National Bank, and HDFC Bank to refinance loans amounting between Rs 3,000 and Rs 4,000 crore.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format. The regulator shared this format in a recent circular dated February 7 while stating that these unclaimed amounts do not earn any interest.
Your credit score is a critical factor that can determine the interest rate you receive on a home loan in India. A high credit score indicates that you are a low-risk borrower and more likely to repay the loan on time, while a low credit score suggests the opposite.
Private sector lender Yes Bank has reportedly approached the Supreme Court to challenge the Bombay High Court ruling on the write-off of Additional Tier-1 (AT-1) bonds.
E-commerce giants Amazon and Flipkart were served show-cause notice along with 20 other online sellers by the Drugs Controller General of India (DCGI) regarding the sale of drugs without a licence.
Zomato News: Zomato in its latest financial report has reportedly widened losses. The company has also announced that it has ceased operations in 225 smaller cities, as their performance was deemed not "very encouraging." Zomato's losses for the quarter ending in December reached Rs 346.6 crore due to the reduction in the food delivery business, which was described as having experienced an "unexpected slowdown in demand."
Vodafone Idea has reportedly begun discussions with Indian banks and other lenders including  State Bank of India, Punjab National Bank, and HDFC Bank to refinance loans amounting between Rs 3,000 and Rs 4,000 crore.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format. The regulator shared this format in a recent circular dated February 7 while stating that these unclaimed amounts do not earn any interest.
Your credit score is a critical factor that can determine the interest rate you receive on a home loan in India. A high credit score indicates that you are a low-risk borrower and more likely to repay the loan on time, while a low credit score suggests the opposite.
Private sector lender Yes Bank has reportedly approached the Supreme Court to challenge the Bombay High Court ruling on the write-off of Additional Tier-1 (AT-1) bonds.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Zomato News: Zomato in its latest financial report has reportedly widened losses. The company has also announced that it has ceased operations in 225 smaller cities, as their performance was deemed not "very encouraging." Zomato's losses for the quarter ending in December reached Rs 346.6 crore due to the reduction in the food delivery business, which was described as having experienced an "unexpected slowdown in demand."
Vodafone Idea has reportedly begun discussions with Indian banks and other lenders including  State Bank of India, Punjab National Bank, and HDFC Bank to refinance loans amounting between Rs 3,000 and Rs 4,000 crore.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format. The regulator shared this format in a recent circular dated February 7 while stating that these unclaimed amounts do not earn any interest.
Your credit score is a critical factor that can determine the interest rate you receive on a home loan in India. A high credit score indicates that you are a low-risk borrower and more likely to repay the loan on time, while a low credit score suggests the opposite.
Private sector lender Yes Bank has reportedly approached the Supreme Court to challenge the Bombay High Court ruling on the write-off of Additional Tier-1 (AT-1) bonds.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format. The regulator shared this format in a recent circular dated February 7 while stating that these unclaimed amounts do not earn any interest.
Your credit score is a critical factor that can determine the interest rate you receive on a home loan in India. A high credit score indicates that you are a low-risk borrower and more likely to repay the loan on time, while a low credit score suggests the opposite.
Private sector lender Yes Bank has reportedly approached the Supreme Court to challenge the Bombay High Court ruling on the write-off of Additional Tier-1 (AT-1) bonds.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Prime Minister Narendra Modi on Monday said that the country would increase its annual defence exports over the next two years to $5 billion. As major arms firms flocked to the five day biennial Aero India air show in Bengaluru, the country is aiming to sign various defence deals. 

India pays its 2023 dues of $30.54 million to United Nations

Tuesday 14 February 2023 10:26 AM UTC+00
India has made its annual payment of $30.54 million to the United Nations (UN) budget for the year 2023, a spokesperson of the UN has said.This payment puts India among the 43 countries on the "honour roll" for paying their assessments to the budget so far. The UN received India's contribution on Friday, according to the spokesperson.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that National Pension System (NPS) subscribers can retrieve their 'withdrawn but unclaimed' funds by following a specified format. The regulator shared this format in a recent circular dated February 7 while stating that these unclaimed amounts do not earn any interest.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Prime Minister Narendra Modi on Monday said that the country would increase its annual defence exports over the next two years to $5 billion. As major arms firms flocked to the five day biennial Aero India air show in Bengaluru, the country is aiming to sign various defence deals. 

India pays its 2023 dues of $30.54 million to United Nations

Tuesday 14 February 2023 10:26 AM UTC+00
India has made its annual payment of $30.54 million to the United Nations (UN) budget for the year 2023, a spokesperson of the UN has said.This payment puts India among the 43 countries on the "honour roll" for paying their assessments to the budget so far. The UN received India's contribution on Friday, according to the spokesperson.
The UK government on Monday said that the UK defence sector was deployed in India's premier air show, Aero India 2023 at Bengaluru with keen interest in collaborating with India in research, training and development. 
Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran announced on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft.
Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Prime Minister Narendra Modi on Monday said that the country would increase its annual defence exports over the next two years to $5 billion. As major arms firms flocked to the five day biennial Aero India air show in Bengaluru, the country is aiming to sign various defence deals. 

India pays its 2023 dues of $30.54 million to United Nations

Tuesday 14 February 2023 10:26 AM UTC+00
India has made its annual payment of $30.54 million to the United Nations (UN) budget for the year 2023, a spokesperson of the UN has said.This payment puts India among the 43 countries on the "honour roll" for paying their assessments to the budget so far. The UN received India's contribution on Friday, according to the spokesperson.
The UK government on Monday said that the UK defence sector was deployed in India's premier air show, Aero India 2023 at Bengaluru with keen interest in collaborating with India in research, training and development. 
Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran announced on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft.
Air India, which announced its decision to acquire 250 aircrafts from Airbus earlier in the day, will also purchase 220 aircrafts from Boeing, AFP reported.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Prime Minister Narendra Modi on Monday said that the country would increase its annual defence exports over the next two years to $5 billion. As major arms firms flocked to the five day biennial Aero India air show in Bengaluru, the country is aiming to sign various defence deals. 

India pays its 2023 dues of $30.54 million to United Nations

Tuesday 14 February 2023 10:26 AM UTC+00
India has made its annual payment of $30.54 million to the United Nations (UN) budget for the year 2023, a spokesperson of the UN has said.This payment puts India among the 43 countries on the "honour roll" for paying their assessments to the budget so far. The UN received India's contribution on Friday, according to the spokesperson.
The UK government on Monday said that the UK defence sector was deployed in India's premier air show, Aero India 2023 at Bengaluru with keen interest in collaborating with India in research, training and development. 
Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran announced on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft.
Air India, which announced its decision to acquire 250 aircraft from Airbus earlier in the day, will also purchase 220 aircrafts from Boeing, AFP reported.
Air India's 470 aircrafts deal: Airbus will deliver the first A350 plane to Air India by the end of 2023, Airbus India head Remi Maillard informed on Tuesday, hours after the airlines announced the deal. Remi Maillard further said that Air India ordering 40 A350 aircraft also marks Airbus' 'emphatic return' to the wide-body market in India. Air India on Tuesday announced to acquire 250 and 220 aircrafts from Airbus and Boeing respectively. Deals to acquire 470 planes from both the companies is estimated to be worth USD 80 billion, sources said.
Highway infrastructure developer IRB Infrastructure Developers Limited has released its third quarter result. The company's net profit during the October-December quarter almost doubled to Rs 141.35 crore YoY, according to an exchange filing.
As of February 13th, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decline of 0.17% and was trading at $21,853 . Meanwhile, Ethereum had a decline of 0.95% and was trading at approximately $1,519.65.

Gold and silver prices dip ahead of key US inflation report

Tuesday 14 February 2023 04:52 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56588.00 per 10 grams, showing a slight rise of 0.16%. On the other hand, silver futures opened at Rs. 66408.00 per kilogram, with a slight decrease of 0.40%.
Agarwal Industrial Corporation Limited has released its third quarter result for the financial year 2022-23. The company in the December quarter of FY23 reported 45.42 per cent year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crore, according to a regulatory filing.
Prime Minister Narendra Modi on Monday said that the country would increase its annual defence exports over the next two years to $5 billion. As major arms firms flocked to the five day biennial Aero India air show in Bengaluru, the country is aiming to sign various defence deals. 

India pays its 2023 dues of $30.54 million to United Nations

Tuesday 14 February 2023 10:26 AM UTC+00
India has made its annual payment of $30.54 million to the United Nations (UN) budget for the year 2023, a spokesperson of the UN has said.This payment puts India among the 43 countries on the "honour roll" for paying their assessments to the budget so far. The UN received India's contribution on Friday, according to the spokesperson.
The UK government on Monday said that the UK defence sector was deployed in India's premier air show, Aero India 2023 at Bengaluru with keen interest in collaborating with India in research, training and development. 
Air India will acquire 250 aircraft, including 40 wide-body planes, from Airbus, Tata Sons Chairman N Chandrasekaran announced on Tuesday. The Tata Group-owned airline will buy 40 wide-body A350 planes and 210 narrow-body aircraft.
Air India, which announced its decision to acquire 250 aircraft from Airbus earlier in the day, will also purchase 220 aircrafts from Boeing, AFP reported.
Air India's 470 aircrafts deal: Airbus will deliver the first A350 plane to Air India by the end of 2023, Airbus India head Remi Maillard informed on Tuesday, hours after the airlines announced the deal. Remi Maillard further said that Air India ordering 40 A350 aircraft also marks Airbus' 'emphatic return' to the wide-body market in India. Air India on Tuesday announced to acquire 250 and 220 aircrafts from Airbus and Boeing respectively. Deals to acquire 470 planes from both the companies is estimated to be worth USD 80 billion, sources said.
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