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IndiaTV Business: Google News Feed: Digest for April 10, 2024

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In the latest update from the Reserve Bank of India (RBI), the Monetary Policy Committee (MPC) has decided to keep the repo rate steady at 6.5% for the seventh consecutive time. Governor Shaktikanta Das, during the announcement of the bi-monthly policy meeting, highlighted the committee's majority decision of 5:1 to maintain the current stance, focusing on liquidity management to curb inflation. The Standing Deposit Facility (SDF) rate remains at 6.25%, while the Marginal Standing Facility (MSF) rate and Bank Rate stand at 6.75%.
Business news: India's foreign exchange reserves increased USD 2.951 billion to USD 645.583 billion for the week ended March 29, the Reserve Bank of India (RBI) said today (April 5). This is the sixth consecutive week of a jump in overall reserves. The kitty had increased USD 140 million to USD 642.631 billion in the previous reporting week.
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Business news: India's foreign exchange reserves increased USD 2.951 billion to USD 645.583 billion for the week ended March 29, the Reserve Bank of India (RBI) said today (April 5). This is the sixth consecutive week of a jump in overall reserves. The kitty had increased USD 140 million to USD 642.631 billion in the previous reporting week.
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Business news: India's foreign exchange reserves increased USD 2.951 billion to USD 645.583 billion for the week ended March 29, the Reserve Bank of India (RBI) said today (April 5). This is the sixth consecutive week of a jump in overall reserves. The kitty had increased USD 140 million to USD 642.631 billion in the previous reporting week.
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Vistara, the full-service carrier, anticipates that operations will return to normal by May as it addresses flight disruptions primarily stemming from a stretched pilot roster. CEO Vinod Kannan also highlighted that the concerns raised by pilots are currently under review and discussion within the airline. 
The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said.
The Chief Executive Officer (CEO) of Vistara, Vinod Kannan, said today (April 6) that the airline hopes to stabilise operations for the rest of April 2024 by this weekend, as 98 per cent of pilots have signed the new pay contract. The airline said it has been reaching out to all customers affected by the delays and cancellations to offer relevant refunds and compensation.
Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing.
Amid simmering discontent among Vistara pilots, its CEO Vinod Kannan said, concerns which were raised by the pilots have been taken into consideration and are being reviewed by the airline.  Citing the stretched roster for pilots as the significant reason for the operational disruption (causing a temporary reduction in flight operations), Kannan said the situation would be normalised by May as the airline carrier is looking to review the current rostering system. 
New Delhi: Vistara on Sunday said it is scaling back its operations by 25-30 flights per day to provide a 'much-needed buffer in the rosters' as the full-service carrier strives to stabilise operations amid pilot woes, the airline spokesperson said. The airline, scheduled to operate over 300 flights daily in the summer schedule commencing on March 31, aims for operational stability in April.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
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