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Cryptocurrency investors need to know that virtual assets are a high-risk bet not just because of extreme price volatility but also due to the record number of scams targeting newbies from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HoQAV54

Amidst a rush of SUVs, Skoda opted to get in the Slavia premium sedan with an entry price of Rs 10.7 lakh, this being the second car born out of Volkswagen group’s India-specific platform (MQB-A0-IN) that earlier saw the launch of Skoda Kushaq and Volkswagen Taigun SUVs. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9GhOFY6

India's wheat exports are expected to accelerate with a flurry of enquiries from buyers seeking alternatives to Black Sea shipments as Russia's invasion of Ukraine threatens to disrupt supplies from the two major producers. India, which exported 6.12 million tonnes of wheat in 2021, is likely to sell 4 million tonnes of the grain in the first half of 2022, traders said. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NpWnsmG

The Indian economy is estimated to grow marginally slower in the current fiscal year that ends in March than forecasts had showed earlier, as the impact of the Covid-19 pandemic hurt expansion. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/E2DNBdr

A host of measures are afoot in the financial sector in response to the Russian crisis. These are aimed at ensuring continuation of trade with Russia and insulating the forex market from volatility. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yHAns38

The Russia-Ukraine crisis has got the government particularly worried about Indian exports, FM Nirmala Sitharaman said here on Monday. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/N2wjvuZ

New Sebi chief Madhabi Puri Buch was an executive director at ICICI Bank and before that she headed the lender's broking arm, ICICI Securities. Before joining Sebi, she also had a short stint at a private equity firm in Singapore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UYvGDtO

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The government is likely to address concerns of the insurance industry and align surety bond issuers’ rights in line with other creditors under the insolvency code. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QDEMnzO

The Securities and Exchange Board of India (Sebi) has made it mandatory for companies to get the approval of debenture holders before getting any scheme of arrangement cleared. A scheme of arrangement refers to a court-approved merger and acquisition (M&A) transaction between two entities. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8ViNjt5

With just a month left for the current financial year to end, taxpayers are again rushing to invest in popular tax-saving options. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1Twbujf

In a big boost to the government's 'Make in India' policy and production-linked incentive (PLI) scheme for electronics, US computer giant HP has started making laptops in India, apart from making desktop towers, mini desktops and display monitors. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XSYHZQ4

The governors of a handful of US states have ordered government-run liquor stores to stop selling Russian-made vodka and distilled spirits in solidarity with the Ukrainian people after Russia's invasion of the neighboring country. Utah Governor Spencer Cox became the latest over the weekend, instructing the state's Department of Alcoholic Beverage Control on Saturday to take off all Russian-produced and branded products from the shelves of its retail stores. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tx42G6z

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India is trying to get more of Ukraine’s east European neighbours on board for allowing access to Indians from the war-torn country so that they could be flown home from there. Polish ambassador to India Adam Burakowski on Sunday Tweeted that the country “is allowing all Indian students who escape from Russian aggression in Ukraine to enter without any visa.” from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bkcMvJj

India’s crude cost has topped $100/barrel on the back of surge in global benchmark prices and the US dollar breached the Rs 75-mark to widen the under-recovery on petrol and diesel to over Rs 10, making a prolonged spell of upward revision in fuel prices inevitable without tax cuts. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MJDcZqP

The United States has waived in-person interview requirements for many visa applicants, including students and workers, at its diplomatic missions in India through December 31 this year, a senior American diplomat has told Indian community leaders. These applicants eligible for the waiver are students (F, M, and academic J visas), workers (H-1, H-2, H-3, and individual L visas), Culture and extraordinary ability (O, P, and Q visas). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bGx5rSZ

Elon Musk said Saturday his company SpaceX's Starlink satellite broadband service had been activated in Ukraine, after a Kyiv official urged the tech titan to provide his embattled country with stations. "Starlink service is now active in Ukraine," Musk tweeted, adding "more terminals en route." The tweet came some 10 hours after Ukrainian Minister of Digital Transformation Mykhailo Fedorov urged Musk to provide Starlink services to Ukraine, days after it was invaded by neighboring Russia. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vI1YpnN

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Billionaire Mukesh Ambani's Reliance Industries Ltd has taken over the operations of at least 200 stores of Future Retail and has offered jobs to its employees after the Kishore Biyani-led group failed to make lease payments to landlords, sources said on from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8XfazDt

The Cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed at easing the listing of the state-run insurer.India's biggest insurance company plans to float a stake of 5% to raise about $8 billion next month for the south Asian nation's largest initial public offering (IPO) by far. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YtOEWk0

The Union Cabinet is likely to consider on Saturday a proposal seeking changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, sources said. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DmsOENM

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India and Russia bilateral payments are made in Indian rupee. For both imports and exports, payments are made or received in rupee for shipments. So, sanctions by the West may not have an impact on the payments, barring exchange rate fluctuation, sources said on Friday. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bAElgPz

A few international flights to and from India also could get marginally longer with some countries barring Russian planes from their airspace and then asking their airlines to avoid parts of Russian airspace. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ch5Y0LZ

Dalal Street investors pressed the panic button on Thursday morning as Russian forces invaded its neighbour Ukraine, the first such attack on an independent nation in Europe since the end of World War II. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FaTyeq6

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Government officials on Thursday went into a huddle to access the impact of Russian aggression in Ukraine on the Indian economy and began preparing contingency plans to combat a possible spike in inflation due to a rise in oil prices and the country's external trade being impacted. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/K4vOkJy

"The Times of India group has always explored new horizons, pushed boundaries, and innovated to provide the best news and entertainment content. With the launch of this app, we further cement our position as a multi-content, multi-format, and multi-lingual music and entertainment brand for Indians everywhere," said Vineet Jain, chairman of Entertainment Network India Limited. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/s1hR8Yq

The Dow Jones Industrial Average fell 464.85 points, or 1.38%, to 33,131.76, the S&P 500 lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite dropped 344.03 points, or 2.57%, to 13,037.49. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QqtPJK2

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The escalation in the fight between BharatPe co-founder Ashneer Grover and the investors in the fintech startup took an ugly turn on Wednesday with the sacking of Madhuri Jain Grover, Ashneer’s wife and head of controls at the company, over allegations of misappropriation of funds. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qQlP4xZ

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Finance minister Nirmala Sitharaman urged chiefs of banks and non-banking finance companies (NBFCs) on Tuesday to join the account aggregator framework to extend the flow of credit to small borrowers and promote digital lending. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ahdDBG0

Hardening its stand against Amazon, the Future Group on Tuesday informed the Supreme Court that at present it is impossible to implement Amazon’s agreement to invest Rs 1,431 crore to acquire 49% equity in Future Coupons. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/C06Wbyk

Escalation of geopolitical tensions on the Ukraine-Russia border impacted investor sentiment on Dalal Street on Tuesday with the sensex opening more than 1,200 points lower. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CUFpdqe

Bengaluru and US-based open-source engine Hasura has raised $100 million in a funding round led by Greenoaks that values the company at $1 billion. Existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures have also participated in the round. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fQANLkz

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Walmart’s Flipkart is set to sell Cleartrip’s Middle East business to Tiger Global-backed Wego, an online travel marketplace that operates in the Middle East and North Africa. Apart from a technology co-operation agreement between Wego and Flipkart, the deal includes the sale of Flyin, a Saudi Arabia-based online travel aggregator that Cleartrip bought in 2018. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/s8nNdvA

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Funding in global and Indian crypto ventures hit a record high in 2021 despite uncertainties on legal and policy fronts. Blockchain platform Polygon recently raised $450 million. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AslfyHD

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Regular international flights which were suspended in March 2020 are likely to resume in a month. It is learnt that the aviation ministry has taken this up with health ministry and is tentatively looking at March 15 or next month-end when the summer schedule kicks in. This will be a big relief for travellers as relaxed quarantine and testing norms globally post easing of Omicron has pushed the demand for travel. However, due to limited air bubble flights, fares have skyrocketed for this summer. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SDcdWR0

A combination of increased digitisation projects and rising attrition at the mid and senior level at IT companies is bringing record job opportunities for fresher engineering talent. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WmVPLyX

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