Tag: economy
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Indian Rupee set for biggest monthly loss in 6 years. What is the Key reasons for Rupee’s sharp fall
The rupee’s resilience in the face economic headwinds has come to an end, with India’s currency losing its year-to-date gains in the space of...
In Gujarat Gold touches all time high Rs 40,000 mark, jewellers say nothing to cheer
Yellow metal has, on Monday, for the first time reached a level of Rs 40,000 per 10 grams, but jewellers say high and rising...
7 reasons why Central government’s steps may fail to boost auto demand
The government’s varied relief measures for the automobile sector turned out to be a damp squib. While the broad markets rallied around 2% on Monday on...
Indian car manufacturer Maruti Suzuki cuts 3,000 contract jobs
Maruti Suzuki India Ltd chairman R.C. Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising...
Public Sector Lender Bank of Baroda plans to purchase ₹5,600-crore loans from NBFCs in Q2
Public sector lender Bank of Baroda (BoB) plans to buy ₹5,600 crore loans from seven non-banking financial companies (NBFCs) in the September quarter, according to a document...