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Yoga Guru Ramdev Says Patanjali Aims ₹ 1 Lakh Crore Turnover In 5 Years

Ut World June 16, 2023 0

Baba Ramdev, the leader of Patanjali Group, has announced the company’s ambitious goal of achieving a turnover of ₹1 lakh crore in the next five years. The group aims to expand its reach to all sections of consumers by offering a diverse range of products. Patanjali Foods, a subsidiary of Continue Reading

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Apple To Shift 18% Of Global iPhone Production To India By 2025: Report

Ut World June 15, 2023 0

According to a report from Bank of America, Apple is considering shifting 18% of its global iPhone production to India by 2025. This move is attributed to the Indian government’s production-linked incentive scheme for mobile phones, which encourages companies like Apple and its vendors to expand their operations in the country. The scheme aims to […]Continue Reading

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RBI Governor: India’s Economic Growth to Continue at a Rapid Pace in 2023

Ut World June 14, 2023 0

According to Reserve Bank of India (RBI) Governor Shaktikanta Das, India’s economic growth in recent years has been primarily driven by strong domestic demand, particularly in terms of private consumption and investment. He expressed confidence that India will continue to be one of the fastest-growing major economies in 2023. Governor Das made these remarks during Continue Reading

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‘Sell in May and Go Away’? No Way for Gold

Ut World June 13, 2023 0

Article By  V P Nandakumar MD and CEO, Manappuram Finance Ltd   The adage may once again prove axiomatic for other financial assets but not for gold The popular maxim, ‘Sell in May and go away’ is turning out to be true for most assets including stocks, bonds and even for several currencies. The maxim […]Continue Reading

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RBI Permits Banks To Issue RuPay Prepaid Forex Cards

Ut World June 12, 2023 0

The Reserve Bank of India (RBI) has decided to broaden payment choices for Indian travelers abroad by permitting Indian banks to issue RuPay Prepaid Forex cards. These cards can be used at overseas ATMs, point of sale (PoS) machines, and online merchants. Additionally, the RBI will enable the issuance of RuPay Debit, Credit, and Prepaid […]Continue Reading

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Gold & Net Zero Goal

Ut World May 30, 2023 0

Holding gold in a diversified portfolio can help reduce carbon footprint without sacrificing returns, writes V.P. Nandakumar, MD & CEO of Manappuram Finance Ltd   Gold is slowly but steadily assuming a more important role in the myriad world of investment as the recent volatility in the financial markets across the globe has rendered many […]Continue Reading

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World Economic Forum Chief’s Huge Prediction For India On Investment, Jobs

Ut World May 26, 2023 0

India is expected to experience the highest economic growth among major economies this year, according to Borge Brende, the President of the World Economic Forum (WEF). He stated that India’s economy is witnessing a “famous snowball effect,” leading to increased investments and job opportunities. Brende expressed optimism about India’s growth Continue Reading

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India’s 5G Network Crosses 2 Lakh Sites With Latest For Char Dham Devotees

Ut World May 25, 2023 0

India achieved a significant milestone in its 5G network deployment with the inauguration of the latest 5G site in Gangotri. The event was attended by Union Minister for Communications and IT Ashwini Vaishnaw and Uttarakhand Chief Minister Pushkar Singh Dhami. The number of 5G sites in India has now exceeded 200,000. Mr. Vaishnaw expressed his […]Continue Reading

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TCS receives $1.83 billion BSNL contract for 4G services

Ut World May 23, 2023 0

State-run Bharat Sanchar Nigam Ltd (BSNL) has given a consortium led by India’s Tata Consultancy Services (TCS) an order for more than 150 billion rupees ($1.83 billion) to build a nationwide 4G network. The firm announced this on Monday. The decision comes as Indian IT service providers struggle with a lack of demand. The biggest […]Continue Reading

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₹ 2,000 Note Withdrawal To Improve Liquidity, Ease Short-Term Rates: Experts

Ut World May 22, 2023 0

The Reserve Bank of India (RBI) has decided to withdraw its highest denomination currency note from circulation, which is expected to have positive effects on the banking system. Analysts and bankers believe that this move will improve liquidity and reduce short-term interest rates. The RBI will begin withdrawing 2,000-rupee notes from circulation, but they will […]Continue Reading