The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs on Canada, Mexico, and China triggered fears of a broad trade war. ...
Latest business News & Analysis - Aziz Times
Indian Rupee Stable Against Most Currencies: Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman addressed concerns regarding the Indian rupee's recent depreciation against the US dollar, stating that it has remained stable against other currencies due to strong macroeconomic fundamentals. ...
Government Introduces Mudra Loans for Homestay Businesses
K Syama Raju, president of the Federation of Hotel and Restaurant Associations of India (FHRAI), praised the government's recent initiative to introduce Mudra loans for homestay businesses. ...
Union Budget 2021: Finance Minister Nirmala Sitharaman Promises Tax Cuts
Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as by the people, for the people, of the people, and said Prime Minister Narendra Modi was fully behind the idea to cut taxes but it took time to convince the bureaucrats. ...
President Trump Imposes Tariffs on Mexico, Canada, and China
President Trump slapped sweeping tariffs on goods from Mexico, Canada, and China on Saturday, sending shock waves through the global supply chain and sparking fears of a disruptive trade war that could dramatically raise costs for U.S. consumers. ...
India Needs to Guard Against Financialisation to Achieve Viksit Bharat by 2047: Economic Survey 2024-25
New Delhi: India needs to guard against the dominance of financial markets in shaping policy and macroeconomic outcomes, a phenomenon known as financialisation, to achieve the goal of Viksit Bharat by 2047, according to the Economic Survey 2024-25. ...
Debate Over 70-90-Hour Work Week Sparks Concern on Adverse Health Effects, Economic Survey Reveals
Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey 2024-25 on Friday (January 31, 2025) cited studies to state that spending more than 60 hours a week on work could have adverse health effects. ...
Ministry of Finance: Summary of Economic Survey 2024-25
31 JAN 2025 2:23PM by PIB Delhi ...
The Economic Survey for 2024-25: India's Inflation Landscape
The Economic Survey for 2024-25 on Friday said that food inflation is likely to soften in Q4 FY25, while acknowledging that global uncertainties continue to pose risks. The report, prepared by the Chief Economic Advisor to the Finance Ministry, underscored the fact that India's inflation landscape in 2024-25 remains a mixed bag of progress and persistent challenges. ...
Economic Survey Projects 6.3-6.8% GDP Growth for Next Fiscal Year
The Economic Survey is likely to project a 6.3-6.8 per cent GDP growth for the next fiscal year, sources said. The Survey 2024-25, authored by Chief Economic Advisor V Anantha Nageshwaran and his team, will be tabled in Parliament this afternoon. ...
Economic Survey 2024-25 and Union Budget 2025-26 Preview
Economic Survey 2024-25: Ahead of the Union Budget 2025-26 presentation by the Prime Minister Narendra Modi-led government on Saturday, Finance Minister Nirmala Sitharaman will present the Economic Survey 2024-25 on Friday. ...
American Economy Ends 2024 on Strong Note
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.3% annual rate from October through December. ...
Amaravati: State Investment Promotion Board Approves Projects Worth Rs 44,776 Crore
The State Investment Promotion Board (SIPB) headed by Chief Minister N Chandrababu Naidu on Thursday approved 15 investment projects worth Rs 44,776 crore, which will create 19,580 jobs. ...
U.S. Economy Grows Slower Than Expected in Fourth Quarter
The U.S. economy grew slower than expected in the fourth quarter, according to new data released on Thursday. The Commerce Department's Bureau of Economic Analysis released its advance estimate for fourth-quarter gross domestic product (GDP), which found the U.S. economy grew at an annual rate of 2.3% in the fourth quarter, which runs from October through December. ...
Frontier Airlines Makes Second Attempt to Merge with Bankrupt Spirit Airlines
New York — Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late last year as budget airlines struggle. Frontier Group Holdings Inc., the parent company of Frontier Airlines, said Wednesday that the proposed deal would include newly issued Frontier debt and common stock. ...
Starbucks to Cut Menu Items by 30% to Improve Customer Experience
NEW YORK — Starbucks is set to eliminate a significant number of drinks and food options in the coming months as part of the company’s plan to simplify its offerings, reduce wait times and improve its customer experience. ...
Union Cabinet Clears Higher Ex-Mill Price for Ethanol Produced from C-Heavy Molasses
The Union Cabinet on Wednesday cleared higher ex-mill price for ethanol produced from C-heavy molasses to Rs 57.97 from Rs 56.28 per litre, said Union Information & Broadcasting Minister Ashwini Vaishnaw. ...
Mindspace Business Parks REIT Acquires Commerzone Raidurg for ₹2,038 Crore
Mindspace Business Parks REIT announced today the acquisition of Commerzone Raidurg, a Grade-A commercial property in Hyderabad’s Madhapur area, for ₹2,038 crore. The deal involves purchasing 100 per cent equity shareholding in Sustain Properties Private Limited, which owns the 1.82 million square feet property. ...
Metro Stations in Hyderabad Face Unexpected Closures Due to Technical Issues
Several metro stations in Hyderabad faced unexpected closures on Tuesday due to technical issues, leading to major disruptions in services and causing inconvenience to daily commuters. Passengers traveling on key metro routes, including Nagole to Raidurg, Ameerpet to Hitech City, Nagole to Secunderabad, and Miyapur to Ameerpet, reported delays exceeding 30 minutes. ...
Rising Equity Markets Show Positive Signs
New Delhi: The domestic equity markets continued their upward trend for the second consecutive day on Wednesday. The BSE Sensex surged by 289 points to 76,188, while the NSE Nifty rose by 85 points to 23,042 in early trading. ...
Sony Announces Leadership Changes in Tokyo and San Mateo
Sony Corp. is shaking up its leadership ranks in Tokyo and San Mateo, elevating Hiroki Totoki to the top CEO post while Hideaki Nishino takes the reins of Sony Interactive Entertainment as the solo CEO of the unit that houses PlayStation. ...
Clinton County Woman Wins $1 Million on Christmas with Michigan Lottery Ticket
A Clinton County woman won $1 million on Christmas on a Michigan Lottery instant game that she picked up while buying tickets as holiday gifts. ...
Gautam Adani: Kumbh Mela a Blueprint for Sustainable Civilization
The Kumbh isn't just a religious gathering but a blueprint for sustainable civilization, a testament to cultural authenticity and a living example of tradition adapting to modernity, Adani Group Chairman Gautam Adani has said and noted that India's strength, as it marches to becoming a global superpower, lies not just "in what we build but in what we preserve". ...
SEBI Chief Madhabi Puri Buch Unlikely to Get Extension, Government Invites Applications for Chairman Post
The Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch is unlikely to get an extension in her post as the government invited applications on Monday for the post of SEBI chairman. ...
Etiquette Dilemma: Should Customers Wait for an Invitation?
Dear Miss Manners: I run a shop from my house. It’s mostly online, but occasionally I have customers make an appointment to visit “in store.” Many of them will just text “I’m here” from their parked cars and stay there, waiting for some kind of invitation by text. ...