• Monday, March 10, 2025

India economy & business news in brief for Oct 6:…

Here are news in brief related to Indian economy and business for Thursday, October 6, 2022: Billionaire Mukesh Ambani's daughter Isha Ambani on Thursday announced the opening of a first-of-its-kind space in the sphere of the arts, the Nita Mukesh Ambani Cultural Centre (NMACC), in Mumbai's Bandra Kurla Complex, Asian…

As Gambia kids’ death case intensifies, India says cough syrups…

The Indian health ministry on Thursday (6) said samples of cough syrup that has been linked by the World Health Organisation (WHO) to the deaths of scores of children in The Gambia have been sent for examination, underlining that the products were made solely for exports and not sold in…

What Rafael Nadal thinks about Carlos Alcaraz, the new World…

Toni Nadal, the uncle of Rafael Nadal, the tennis star with the most number of Grand Slam titles in the world, recently spoke about the former's approach to the rise of compatriot Carlos Alcaraz as the new world No.1. The 19-year-old Alcaraz bagged the top position after winning the US…

Akasa Air, India’s newest airline, to allow pets in cargo,…

Akasa Air, which took to the skies two months ago, will allow domesticated dogs and cats in cabin as well as cargo from November and will also be starting new routes in the coming weeks. The airline, which is "well capitalised", plans to start international services in the second half…

India’s Sebi scraps Brickwork Ratings’ registration; asks it to wind…

India's capital markets regulator Sebi (Securities and Exchange Board of India) on Thursday (6) cancelled the license of Brickwork Ratings India and directed the credit rating agency to wind down its operations within six months for allegedly violating various rules. Further, the markets regulator has barred the agency from taking…

Less than a week after Modi flagged it off, India’s…

It was less than a week ago that Indian prime minister Narendra Modi had flagged off the Gandhinagar-Mumbai Vande Bharat Express from the capital of the western state of Gujarat which he had visited. On Thursday (6) morning, the same new-age train of the Indian railways met with an accident…

When Indian lyricist Javed Akhtar urged Michelle Obama to return…

Veteran Indian lyricist Javed Akhtar on Thursday (6) appealed to former US first lady Michelle Obama to return to the White House saying not only America but the entire world needed her there. The 77-year-old Akhtar responded to a tweet posted by Obama, wife of former US president Barack Obama…

Vedanta’s medical arm BMC joins hands with Anuva for cancer…

Vedanta's BALCO Medical Centre (BMC), one of India's leading cancer hospitals, and Anuva, a genomics biotech company with a centre in India and backed by a UK-based hub, on Thursday (6) jointly announced a strategic collaboration to build a Cancer Genomics Biobank for cancer research in India. Anuva and BMC…

Family of Mukesh Ambani, one of India’s biggest business names,…

Calls received by a hospital run by the Reliance Foundation threatening to kill Mukesh Ambani and his family members were the latest of the threats received by the billionaire industrialist. Mumbai Police on Thursday (6) arrested Rakesh Kumar Mishra (30) from Darbhanga in the eastern state of Bihar for allegedly…

World Bank downgrades India’s growth forecast for 2022-23 to 6.5%

The World Bank on Thursday (6) projected a growth rate of 6.5 per cent for the Indian economy for the fiscal year 2022-23, a drop of one per cent from its previous June 2022 projections, citing deteriorating international environment. In its latest South Asia Economic Focus released ahead of the…