Business Economy

Visakhapatnam Port Authority to host 2nd BIMSTEC Port Conclave from July 14

12 Jul 2025 | 9:46 PM

Visakhapatnam, July 12 (UNI) To strengthen regional maritime connectivity and cooperation across the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region, Visakhapatnam Port Authority (VPA) is organising the....

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ANSR to set up 200 new GCCs in next 5-year globally including India

12 Jul 2025 | 6:30 PM

Hyderabad, July 12 (UNI) ANSR, a global market leader in setting up Global Capability Centres (GCCs) and operating centres, on Saturday said it is planning to set up 200 new GCCs in the next 5 years globally.
Of the 200 new centres, 80 percent....

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Forex reserve witnesses a fall: RBI Weekly Statistical Supplement

12 Jul 2025 | 5:15 PM

New Delhi, July 12 (UNI) As per the report by the Reserve Bank of India (RBI) India’s Forex Reserve fell to the mark of $ 699.74 billion. India’s foreign exchange reserves refer to the assets controlled by the Reserve Bank of India in foreign....

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Meghalaya businesses, entrepreneurs voice concern during a meeting with Sitharaman

12 Jul 2025 | 4:33 PM

Shillong, July 12 (UNI) Union Finance and Corporate Affairs Minister Nirmala Sitharaman today chaired a stakeholder interaction here in Meghalaya, where she engaged directly with business leaders, entrepreneurs, industry representatives and citizens.....

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Wockhardt announces exit from generics drugs Business in US

12 Jul 2025 | 4:15 PM

Mumbai, July 12 (UNI) Pharma company Wockhardt stated in a regulatory filing that it will exit from the US generic drugs market.
The move has come after years of sustained losses in the segment, with the company's generics business posting a....

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Google hires Varun Mohan and other key executives of Windsurf Research

12 Jul 2025 | 3:45 PM

New Delhi, July 12 (UNI) Google also made its official entry into the AI-led talent war going on these days. The tech major reveals an agreement to hire Varun Mohan (co-founder and CEO of Windsurf Research).
Mohan grew up in Sunnyvale,....

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BBAI stocks witness bullish results amid AI adoption

12 Jul 2025 | 2:09 PM

New Delhi, July 12 (UNI) The BigBear.ai Holdings Inc. witnessed a massive surge of almost 88% compared to the past month as the company is leading the ladder of the AI or artificial intelligence wave. BBAI’s goal is to deliver clarity to....

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RBI gets lower than expected response at VRRR auctions

RBI gets lower than expected response at VRRR auctions

12 Jul 2025 | 1:06 PM

New Delhi, July 12 (UNI) Reserve Bank of India or RBI, the country’s premier central bank, conducted a seven-day auction of Variable Rate Reverse Repo or VRRR. This auction is aimed at absorbing the surplus liquidity from the whole banking....

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AI chef 'Aiman' will lead the charge at Dubai WOHOO restaurant

12 Jul 2025 | 12:10 PM

New Delhi, July 12 (UNI) In a bid to explore the next-gen realms of technology, Dubai’s upcoming restaurant “WOHOO” provides a combination of lip-smacking cuisines with a touch of technology. The theme of their launch is “ dining in the future” as....

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Selling SBI shares worth Rs 25000 cr part of privatisation: BEFI

Selling SBI shares worth Rs 25000 cr part of privatisation: BEFI

12 Jul 2025 | 8:58 AM

Thiruvananthapuram, July 12 (UNI) Bank Employees Federation of India has alleged that the Centre's move to sell shares of State Bank of India (SBI) worth Rs 25,000 crore SBI) is an open attempt to privatize the bank in a phased manner....

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Mahindra Logistics to raise up to Rs 750 crore to repay debt

11 Jul 2025 | 10:50 PM

Mumbai, July 11 (UNI) Mahindra Logistics Ltd (MLL), India's leading integrated third-party logistics service provider, today informed the stock exchange in a filing that its board of directors has given its approval for raising Rs 750 crore through a....

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GCCs in India driving revenue, not just cost savings

11 Jul 2025 | 10:12 PM

Bengaluru, July 11 (UNI) Global Capability Centres (GCCs) in India are undergoing a seismic shift from being cost-optimisation back offices to becoming strategic hubs for revenue generation and product innovation, said Anuj Agarwal, founder and CEO....

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Asia is playing an integral role in the Global GDP: OECD Report

11 Jul 2025 | 8:03 PM

New Delhi, July 11 (UNI) The Organization for Economic Co-Operation and Development (OECD) has highlighted the growing Asian economy behind driving the global Gross Domestic Product or GDP to a major extent. The OECD is a global organization that....

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Climate change is a grave economic threat: OBR Report

11 Jul 2025 | 5:41 PM

New Delhi, July 11 (UNI) The Office for Budget Responsibility (OBR) United Kingdom pointed to the risks posed by the climate change trends on future fiscal outcomes in the UK.
Sarah Breeden (Deputy Governor for Financial Stability, Bank of....

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Kottayam Kochi Rubber Market Rates

11 Jul 2025 | 5:37 PM

Kottayam, July 11 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.
KOTTAYAM
RSS FOUR: 20600
RSS FIVE : 20200
ISNR TWENTY: 18600
SIXTY PERCENT LATEX: 14265
KOCHI see more..