Financial Express Mumbai - December 08, 2022
Financial Express Mumbai - December 08, 2022
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In this issue
December 08, 2022
Govt likely to meet non-tax revenue target for FY23
THE CENTRE WILL likely meet its non-tax revenue target of 2.7 trillion in the current financial year as dividends from the central public sector enterprises (CPSES) and state-owned banks and financial institutions would bridge the shortfalls in surplus transfer from the Reserve Bank of India (RBI) and telecom spectrum receipts, sources told FE.
2 mins
‘AARJUNA‘'S EYE! ON INFLATION
THE RESERVE BANK of India's (RBI) Monetary Policy Committee (MPC) raised the policy repo rate by 35 basis points to 6.25% on Wednesday highest since August 2018. That
2 mins
Startup M&A wave may spill over to new year
WITH 230 MERGER and acquisition (M&A) deals in 2022 so far, India's tech startup segment continues to witness consolidation.
1 min
Byju's seeks easier terms on $1.2-bn loan
ONLINE EDUCATION PROVIDER Byju's is seeking to restructure its $1.2-billion loan as it struggles with steep losses and cost reduction targets, according to people familiar with the information.
2 mins
Investment norms eased for surplus funds of CPSES
Firms can now invest in debt schemes of private sector MFs
1 min
35 nations show interest in ₹trade
Govt mulls special awareness drives through IBA
2 mins
Underpenetrated FMCG items in ITC's growth plan
ITC'S PERSONAL CARE division, which boasts of products like soaps, cream, shampoo, deodorants and perfume sprays, sees growth opportunities in fragrances and shower gels going ahead given the categories are underpenetrated in the country.
1 min
TechM’s latest offering to solve multi cloud issues
PUNE-BASED IT SERVICES major Tech Mahindra has launched Cloud BlazeTech, an integrated and sector-agnostic platform, to maximize business value for cloud-based enterprises globally and solve the challenges of a multi-cloud environment.
1 min
Cognizant acquires Utegration to scale up SAP capabilities
We believe Utegration's rich industry expertise and differentiated portfolio of energy and utilitiesfocused products and accelerators is a perfect complement to our SAP practice.\"
1 min
Listen to your body with this digital stethoscope
Muse Diagnostics’ device can record, store share body sounds
3 mins
Startups ride on open source
It helps create apps within hours of a new idea taking shape
2 mins
Rate hike season may have just got longer
HAWKISH STANCE TO BREAK CORE INFLATION PERSISTENCE’
2 mins
Medium-duration, target maturity funds in limelight
MEDIUM-DURATION DEBT FUNDS target maturity and longer-duration funds may gain traction among investors as the current rate hike cycle is widely expected to be close to peaking.
1 min
Gold price hedging at IFSC gets nod
THE RESERVE BANK of India (RBI) has given its nod to Indian residents to hedge their exposure to gold on recognised exchanges in the International Financial Services Centre (IFSC) at GIFT City, Gujarat.
2 mins
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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