Developmental plan(India) Finance Minister Nirmala Sitharaman told executives of top American companies that India offers a range of opportunities under the Atma Nirbhar Bharat initiative
Category Archives: Business
Apple joins Blender Development Fund, macOS back as supported platform
Apple – patronage of Blender The Blender Foundation, the organisation behind the popular open source 3D creation tool “Blender,” announced today that Apple has joined the Blender Development Fund as a Patron Member to support Blender’s ongoing core development. Apple will provide engineering expertise and additional resources to the Blender HQ and development community, inContinue reading “Apple joins Blender Development Fund, macOS back as supported platform”
India-China trade deficit soars to $47 bn as business ignores Ladakh crisis, ‘Atmanirbhar’ push
‘Trade is a process of Business’ The Modi government’s attempts to reduce India’s dependence on goods manufactured in China and push self-reliance alongside since the military confrontation in Ladakh last year does not seem to be making much headway if India-China trade figures are any indication.While bilateral trade is on track to hit a record-highContinue reading “India-China trade deficit soars to $47 bn as business ignores Ladakh crisis, ‘Atmanirbhar’ push”
In 2021 Q2, Apple controls 75% of the global handset market’s operating profit.
Business(Technology – Brand growth) Apple has been the most profitable and revenue-generating company in the handset industry. Despite contributing a relatively modest 13 percent to global handset shipments, it captured 75 percent of the overall handset market operating profit and 40 percent of the revenue in Q2 2021. While this performance demonstrates the strength ofContinue reading “In 2021 Q2, Apple controls 75% of the global handset market’s operating profit.”
Reliance Retail opens up an Experiential Gourmet Food Supermarket ‘Freshpik’
Shopping(food supermarket) Reliance Retail opens up an Experiential Gourmet Food Supermarket Called “Freshpik,” A First-of-Its-Kind At Jio World Drive In Mumbai’s Bandra-Kurla Complex
Dinesh Karthik’s iconic Nidahas Trophy last-ball six becomes India’s first-ever sports NFT.
Sports(Monument of courage in NFT) Dinesh Karthik, the cricketer, is in a different kind of auction this month. This time, India’s first sports NFT (non-fungible token) auction will feature one of Karthik’s iconic career moments – the last-ball six in the 2018 India-Bangladesh match that won India the Nidahas Trophy that year – captured asContinue reading “Dinesh Karthik’s iconic Nidahas Trophy last-ball six becomes India’s first-ever sports NFT.”
Reliance Industries tops India Inc in World’s Best Employer rankings 2021 published by Forbes
Business(Rankholders of their duties) In Forbes’ World’s Best Employers rankings for 2021, Reliance Industries Ltd, the country’s largest firm by revenues, profitability, and market value, has topped Indian corporations. Reliance was ranked 52 out of 750 major corporations, including Phillips, Sanofi, Pfizer, and Intel. State Bank of India (SBI) was ranked 119th, while Larsen &Continue reading “Reliance Industries tops India Inc in World’s Best Employer rankings 2021 published by Forbes”
Analysts says:rising global oil and coal prices pose macro dangers.
Prices at the highest peak Oil prices have risen 14% to USD 83 per barrel, while coal prices have risen 15% to USD 200 per metric tonne, according to Morgan Stanley analysts. “The rise in energy costs, particularly oil prices, has raised worries about greater inflation, slower growth, and if this may lead to monetaryContinue reading “Analysts says:rising global oil and coal prices pose macro dangers.”
The Adani Group intends to invest $20 billion in renewable energy.
Business(investment) The chairman of Adani Group stated that the $20 billion investment will go toward renewable energy generation, component manufacturing, transmission, and distribution.
Tata motors was the top player today .
Economy(Market Capitalisation) Tata Group Companies’ m-cap surged by ₹70,000 crores today
Infosys’ CEO says the income tax portal is making steady progress, with 1.9 crore returns filed.
Business(Income-tax Analysis) Salil Parekh, CEO of Infosys, said the company is making steady progress in implementing India’s ambitious new income tax portal project, with 1.9 crore returns filed so far, months after it was chastised for technical glitches. “With 1.9 crore returns filed every day, we are making steady progress. Forms 1–7 are fully functionalContinue reading “Infosys’ CEO says the income tax portal is making steady progress, with 1.9 crore returns filed.”
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