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Portuguese social security surplus shrinks slightly amid rising costs
Business

Portuguese social security surplus shrinks slightly amid rising costs

Lisbon, Aug 31: Portugal's Social Security system recorded a surplus of 2,712.4 million euros by the end of July 2024, slightly down from 2,756.0 million euros in the same period last year, according to figures released by Portugal's Directorate-General for the Budget. This decrease occurred as...
Market weekly round-up: Nifty logs best week in two months, led by IT stocks
Business

Market weekly round-up: Nifty logs best week in two months, led by IT stocks

Mumbai, Aug 31: Indian equity indices witnessed a stellar rally this week. Due to strong domestic and global cues, Nifty and Sensex posted around 1.6 per cent gains between August 26 and August 30. In the last trading session, Nifty closed at 25,235.90 with a rise of 83.95 points or 0.33 per cent...
Freedom of speech under massive attack: Musk on X ban in Brazil
Business

Freedom of speech under massive attack: Musk on X ban in Brazil

San Francisco, Aug 31: Tech billionaire Elon Musk on Saturday said that freedom of speech is under massive attack around the world, after Brazil's Supreme Court Justice Alexandre de Moraes ordered to block his social media platform X nationwide. The order came after the company refused to appoint a...
Nifty likely to reach 26,820 in next 12 months: Report
Business

Nifty likely to reach 26,820 in next 12 months: Report

Mumbai, Aug 30: Nifty is likely to meet a 12-month target of 26,820, revised higher from earlier target of 26,398, market analysts said on Friday, amid high expectations for a festival season revival, supported by favourable monsoon conditions, and a strong infrastructure spending push by the...
Procurement of 19,760 MT of urad, 1.03 lakh MT of soybeans from K’taka ordered: Joshi
Business

Procurement of 19,760 MT of urad, 1.03 lakh MT of soybeans from K’taka ordered:...

New Delhi, Aug 30: The Union government has granted permission to procure two more crops at support prices in Karnataka and instructions have been issued for the procurement of 19,760 MT of urad and 1.03 lakh MT of soybeans from farmers. “It’s the central government’s gift to Karnataka farmers for...
Air India to operate Vistara planes as FDI nod for merger comes through
Business

Air India to operate Vistara planes as FDI nod for merger comes through

Mumbai, Aug 30: Full-service airline Vistara announced on Friday that its aircraft would be operated by Air India from November as the government's FDI approval for the merger between the two airlines has come through. From September 3, it will not be possible to book with Vistara for travel on or...
Ghana to commence Eurobond debt exchange for investors to firm up debt restructuring
Business

Ghana to commence Eurobond debt exchange for investors to firm up debt...

Accra, Aug 30: The government of Ghana said that it would soon invite its Eurobond investors for a debt exchange offer to boost its debt restructuring efforts. During a regular monthly economic update, Finance Minister Mohammed Amin Adam said that the exchange would commence in the coming days,...
UPI transactions likely to touch 100 billion mark in next 10 years: NPCI chief
Business

UPI transactions likely to touch 100 billion mark in next 10 years: NPCI chief

Mumbai, Aug 29: The country's Unified Payments Interface (UPI) has the potential to touch 100 billion transactions in the next 10-15 years backed by credit growth, according to Dilip Asbe, CEO of National Payments Corporation of India (NPCI). "We are looking at 100 billion transactions in the next...
Rs 11,000 cr worth shares offloaded in Indigo block deal, Rakesh Gangwal likely seller
Business

Rs 11,000 cr worth shares offloaded in Indigo block deal, Rakesh Gangwal likely...

Mumbai, Aug 29: Shares of budget carrier Indigo marginally fell in the morning trade on Thursday after a block deal where at least 2.3 crore shares of the aviation major exchanged hands in a deal worth Rs 11,000 crore at a floor price of Rs 4,760 apiece. Nearly 6 per cent stake in InterGlobe...
US, Seoul markets down over Nvidia
Business

US, Seoul markets down over Nvidia's underwhelming earnings result

Seoul, Aug 29: South Korean shares dropped more than 1 per cent after opening on Thursday, taking a cue from Wall Street losses prompted by an underwhelming earnings result by global artificial intelligence (AI) chip giant Nvidia. The benchmark Korea Composite Stock Price Index (KOSPI) fell 31.62...
PMJDY world
Business

PMJDY world's largest financial inclusion scheme: Nirmala Sitharaman

New Delhi, Aug 28: The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by Prime Minister Narendra Modi on August 28, 2014, has become the world's largest financial inclusion scheme with more than 53.14 crore beneficiaries and total deposit balances at Rs 2,31,236 crore, the government said on...
Sales turnover in Janmashtami festivities soars to Rs 25,000 crore
Business

Sales turnover in Janmashtami festivities soars to Rs 25,000 crore

New Delhi, Aug 28: The Janmashtami festival this year generated a business of more than Rs 25,000 crore, according to the traders’ body Confederation of All India Traders (CAIT). The high sales turnover reflects robust consumer spending in a growing economy which shoots up during festive...
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