BUSINESS
PM Modi and UAE President Commend Rapidly Evolving Bilateral Ties; 4 MoUs Signed Ahead of Summit
This marked their fourth meeting in less than seven months, emphasizing the momentum in their engagements. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal highlighted this partnership, affirming the leaders' dedication to fostering a shared, prosperous future.
Government Announces Ambitious Plan: Rs 45,000 Crore Investment for the Development of River Cruise Tourism
Out of this substantial allocation, around Rs 35,000 crore will be dedicated to cruise vessels, while Rs 10,000 crore is earmarked for the development of cruise terminal infrastructure by the year 2047.
Bajaj Auto Announces Buyback at a 43% Premium to Last Closing Price
The buyback initiative will involve the purchase of 40 lakh shares through the tender route, constituting 1.41% of Bajaj Auto's outstanding shares.
Nifty Closes Lower Following Two Consecutive Sessions of Rally
Jasani reported that at the close, the Nifty exhibited a decline of 0.91%, equivalent to 197.8 points, settling at 21,513. The cash market volumes on the NSE remained below Rs.1 lakh crore, indicative of subdued sentiments in the market.
Incredible Growth: Fintech Unicorn Incred Records Rs 109 Cr Profit in FY23, Revenue Surges Over 77%
The financials filed with the Registrar of Companies (RoC) reveal that Incred's revenue witnessed a remarkable surge of 77.46%, reaching Rs 866 crore in FY23, compared to Rs 488 crore in FY22.
Vistara Expands Horizons: Direct Flights from Mumbai to Paris Soon to Take Off
Currently, Vistara operates five weekly flights to Paris from Delhi. With the addition of the Mumbai-Paris route, the Gurugram-based airline aims to strengthen connectivity between India and Europe.
Optimal Comfort at a Price: IndiGo Introduces Front Row Aisle or Window Seat Selection with Charges up to Rs 2K
According to information on the airline's website, passengers choosing window or aisle seats in the front row of an A321 aircraft (typically accommodating 222 seats) will now be subject to a fee of Rs 2,000.
RBI Plans Auction of Government Bonds Worth Rs 33,000 Crore on January 12th
These categories include the “7.37 per cent Government Security 2028” valued at Rs. 7,000 crore, the “7.18 per cent Government Security 2033” valued at Rs. 16,000 crore, and the “7.30 per cent Government Security 2053” worth Rs. 10,000 crore.
Maldives Dispute Sparks 3,400% Surge in Lakshadweep Searches, Prompts 'Beaches of India' Campaign by MakeMyTrip
The travel company took to X, previously known as Twitter, to share this surge in interest, attributing it to the Prime Minister's visit.
India's Farm Exports Projected to Surpass $53 Billion in 2023-24, Announces Piyush Goyal
India, being a prominent global producer of wheat, rice, and sugar, imposed limitations on the export of these essential commodities, resulting in an expected decline of $4 billion to $5 billion in agricultural exports this year.
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