Stock markets: The benchmark equity indices opened on a positive note on Wednesday amid positive global cues. The 30-share BSE Sensex rebounded 237.36 points to 72,249.41 in early trade. Meanwhile, the Nifty climbed 74.25 points to 21,891.70.
From the Sensex...
Impact-Site-Verification: 8451df2b-1c1b-4e70-99fe-1a292a39fda9
Fintech major Paytm on March 1 said it has mutually agreed to discontinue various inter-company agreements with its payments bank unit Paytm Payments Bank (PPBL) to “reduce dependencies", Reuters reported.
As per the company statement, PPBL has agreed to...
Sustained disruptions in the Red Sea route are likely to raise the freight and forwarding (F&F) cost by 25-30 percent for corporates largely dealing in international trade, a report said on Friday. Moreover, the working capital cycle is likely...
India's palm oil imports fell to a three-month low in January, as refiners increased buying of rival soyoil due to negative refining margins for crude palm oil (CPO), five dealers told Reuters on Monday.
Lower purchases by the world's biggest...
The Indian Chamber of Commerce (ICC) has appointed Finance professional Sharad Bhandari as its Chief Representative for the United Arab Emirates (UAE), in a bid to its strategic move to enhance economic ties.
The ICC's expansion in the UAE will...
India-US bilateral trade has the potential to increase to $500 billion annually, from the current $200 billion, riding on direct investments, joint ventures, partnerships, educational exchanges, and tourism, Eric Garcetti, US Ambassador to India, has said.
The two countries need...
