Financial Express Mumbai - June 03, 2023
Financial Express Mumbai - June 03, 2023
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In this issue
June 03, 2023
SBI Life to take over Sahara insurance biz
'The decision has been taken as Sahara Life failed to comply with directions of IRDAI and take any affirmative steps to protect interests of policyholders,' says the insurance regulator.
1 min
Netflix, Disney, Amazon to challenge new tobacco rules
MAY ARGUE HEALTH MINISTRY HAS NO POWERS OVER OTT PLATFORMS
2 mins
Tatas plan ₹13k-cr EV cell plant in Gujarat
Tata Group to invest ₹13,000 crore in setting up a lithium-ion cell manufacturing factory in Gujarat. The plant will have an initial capacity of 20 GWh.
1 min
MPC to opt for pause
'WITHDRAWAL OF ACCOMMODATION' LIKELY TO STAY
3 mins
IndiGo takes on AI with overseas push
IndiGo plans to expand its network by launching direct flights to six new destinations in Africa and Central Asia. IndiGo will begin operating Mumbai-Nairobi and Mumbai-Jakarta from late July/early August, while Delhi-Tbilisi, Delhi-Baku, Delhi-Tashkent, and Delhi-Almaty will begin in August and September. Including new destinations and routes, the company will add 174 weekly international flights between June and September 2023.
2 mins
Demand for rural jobs scheme increases again in May
CLOSE TO 31.7 MILLION HOUSEHOLDS APPLY FOR WORK
2 mins
Coal production rises 7.1% in May
The cumulative coal production for April and May saw a rise to 149.41 MT in FY23, compared to 138.41 MT in FY22
1 min
Output growth to outstrip fall in oil prices for ONGC: S&P
S&P Global Ratings forecasts that the Brent crude oil price will be $90 per barrel for the rest of 2023 and $85 per barrel for 2024 and 2025
2 mins
Govt tells edible oil firms to cut prices
DIRECTIVE FOR ₹8-12/LITRE REDUCTION
2 mins
Vedanta Resources raises $450 million
BORROWS FROM RIVALS TRAFIGURA, GLENCORE
1 min
Mahindra launches Swaraj Target tractor at ₹5.35 lakh
Swaraj Tractors on Friday launched a new range of compact lightweight tractors with price starting from Rs 5.35 lakh (ex-showroom)
1 min
Cyber resilience norms for PSOs put in place
RBI DRAFT FOCUSES ON PAYMENTS SECURITY
2 mins
US Congress approves debt-limit suspension
The Senate voted 63-36 to approve the bill that was passed on May 31
1 min
Bank credit grows 15.4% to ₹139 trn
Deposits grow at a slower pace, rising 10.9% to ₹184 trn
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.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
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