Financial Express Mumbai - March 16, 2023
Financial Express Mumbai - March 16, 2023
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In this issue
March 16, 2023
Jio's postpaid entry tariff up 50%
Follows Bharti’s 57% hike for prepaid users
2 mins
Credit Suisse rout sparks global selloff
Shares slide 31% as key backer rules out support
2 mins
ARBITRATION, CORPORATE CASES ONLY: Door opens for overseas law firms in India
Won't be allowed to appear in Indian courts or tribunals: Bar Council
3 mins
Exports fall: Imports of 'non-essential' items may be curbed
WITH MERCHANDISE EXPORTS continuing to contract for the third consecutive month and a narrowing trade deficit, the government is looking to contain imports of \"non-essential items\".
1 min
Future's Kishore Biyani withdraws resignation
FUTURE GROUP FOUNDER Kishore Biyani, who had stepped down as the executive chairman and director of debt-strapped Future Retail (FRL), has withdrawn his resignation following objections by the resolution professional (RP).
1 min
'Google Limiting Tech Growth By Startups'
The tech giant’s policies would kill startups: Counsel
2 mins
Adani issue: House panel MPs demand summoning of SEBI chief
CONGRESS MPS ON Wednesday sought examining of SEBI and RBI chiefs, officials of the ministry of corporate affairs and other regulatory bodies by a parliamentary panel on finance to ascertain whether there were any failures on their part on the Adani issue.
1 min
Deepak Mohanty appointed PFRDA chief
THE CENTRAL GOVERNMENT has appointed Deepak Mohanty, a former whole-time member of the Pension Fund Regulatory & Development Authority (PFRDA), as the new chairperson of the authority.
1 min
India using SWIFT to settle Russia dollar trade
COMPANIES ARE USING the SWIFT global payment system to settle dollar payments with Russia, a top trade official said on Wednesday, even though many Russian banks are blocked from the network due to Western sanctions.
1 min
Next round of India-Canada trade talks likely in April
THE NEXT ROUND of negotiations for the proposed interim trade agreement (FTA) between India and Canada is expected to be held in April, a senior commerce ministry official said on Wednesday.
1 min
Dukaan fires 80 employees in second round of layoffs
BENGALURU-BASED RETAIL tech startup Dukaan has laid off at least 60-80 employees this week, according to sources. The layoffs have affected multiple departments, including sales, business development and operations, two sources aware of the development confirmed to FE.
1 min
Honda plans major production reshuffle
Exploring setting up EV production line in Karnataka, says CEO
2 mins
Tata CLiQ brings Swiss luxury store TimeVallée to India
SWISS LUXURY MULTI-BRAND watch and jewellery store TimeVallée on Wednesday launched its digital boutique in India in partnership with Tata CLIQ Luxury.
1 min
Be Cautious: ChatGPT's Comes With Unforeseen Quick Rise Privacy Risks
Experts warn that there is a potential privacy risk associated with it
2 mins
UK to avoid recession: Finance minister
Hunt pledges reforms in budget speech
2 mins
Samsung to invest $230 bn in South Korea chipmaking base
SOUTH KOREAN TECH giant Samsung Electronics expects to invest $230 billion over the next 20 years to develop what the country's government called the world's largest chip-making base.
1 min
Credit Suisse fights to win back investors' confidence
Bank officials urge for patience, claim sound financial position
2 mins
Shaktikanta Das conferred 'Governor of the Year' award
RESERVE BANK OF India governor Shaktikanta Das has won the 'Governor of the Year' award for 2023 by international economics journal Central Banking.
1 min
Sensex closes at five-month low, Nifty slides below 17,000
THE SENSEX PARED its early gains to close down by 344 points at a five-month low while the Nifty slid below the 17,000-level on Wednesday due to selling in banking, financial and telecom stocks. Persistent foreign capital drain and lingering concerns over banks' health and high inflation dented the market sentiment, traders said.
1 min
Rupee dives 28 paise to close at 82.65
THE RUPEE DECLINED by 28 paise to 82.65 against the US dollar on Wednesday, amid a strong greenback against major currencies overseas and unabated foreign fund outflows.
1 min
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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