Its no longer TCS vs. Infy vs. Wipro vs. Accenture. The Indian government is taking action against activities like spamming and intrusion into data privacy, especially in the banking sector, Finance Minister Nirmala Sitharaman has said. This will alert our moderators to take action. 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Credit Suisse has already reached out to the Qatar Investment Authority and others to gauge interest in a potential capital injection, people familiar with the matter said earlier. The Indian Rupee has performed much better than many other emerging market currencies, Sitharaman said at a media briefing in Washington D.C. on Friday. Total declines from a January record high are now 21%, confirming a technical bear market. Look who joined the war for Indias IT talent. Venture Capital: Start up companies with a potential to grow need a certain amount of investment. This specialty chemical company is a good short-term buy, Decarbonising India: how green farms and factories, electric cars, and land use can help reach goals, Choose your reason below and click on the Report button. "It is growing across the board, meaning we are importing a lot more than exporting. 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Wealthy investors like to invest their capital in such businesses with a long-term growth perspective. ICICI Prudential India Opportunities Fund - Grow.. ICICI Prudential Large & Mid Cap Fund-Growth, FM Nirmala Sitharaman says Indian Rupee is weakening because the Dollar is strengthening. Its no longer TCS vs. Infy vs. Wipro vs. Accenture. Addressing a group of Indian reporters at a news conference in Washington on Saturday, Sitharaman said the government has withdrawn the old data protection bill and the new one is For reprint rights: Times Syndication Service, Watch: FM Nirmala Sitharaman buys vegetables in Chennais Mylapore market, On cam: Shiv Sena leader Sudhir Suri shot dead during protest in Amritsar, Delhi pollution: CM Arvind Kejriwal orders closure of primary schools as AQI levels reach 'hazardous level', Mysuru: Leopard attacks biker and some other people at Kanaka Nagar, Delhi air emergency: From construction to no entry for commercial vehicles, whats banned under stage 4 of pollution action plan, Air pollution: Delhi, Punjab not solely responsible, says CM Arvind Kejriwal, India hits out at China for shielding terrorists from UNSC sanctions regime, Explained: Why Mark Zuckerberg's Metaverse still leaves a lot to the imagination, Wanted to kill Imran Khan for misleading people: Shooter. Finance Minister Nirmala Sitharaman will leave for the United States on Tuesday to attend the annual meetings of the IMF and World Bank, which are likely to deliberate on the current global economic situation.She will also attend the meetings of the G20 Finance Ministers and Central Bank Governors, besides having interaction with business leaders and investors. This will alert our moderators to take action. This will alert our moderators to take action. The comments by the finance minister came a day after RBI hiked interest rate by 50 basis points in a bid to bring inflation to its comfort zone and in line with aggressive policy tightening by key global central banks. Finance Minister Nirmala Sitharman last week remarked that the Indian Rupee hasnt weakened but in reality, it is the US Dollar that has strengthened. Download The Economic Times News App to get Daily Market Updates & Live Business News. This specialty chemical company is a good short-term buy, Decarbonising India: how green farms and factories, electric cars, and land use can help reach goals, Choose your reason below and click on the Report button. 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Pro Investing by Aditya Birla Sun Life Mutual Fund. Copyright 2022 Bennett, Coleman & Co. Ltd. All rights reserved. "Trade deficit is actually growing," she said. A similar dispensation has been given to the projects to recover the increase in costs due to the increase in the Goods and Services Tax rate. Amazon and Flipkart are making returning products harder. Salary level in certain sectors are expected to be restored to the pre-pandemic mark by the end of this financial year aided by the recovery in economic activities, according to TeamLease HRTech CEO Sumit Sabharwal said. India's government is in no hurry to push inflation - now hovering near 7% and eight-year highs - back to the central bank's 4% medium-term target, for fear that aggressive rate hikes could hurt economic growth, two sources with direct knowledge of the matter said. Sebi pushes back on model portfolios. 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The government has notified an amendment to the central goods and services tax Act to provide for additional time for claiming input tax credit, issuance of credit notes, rectification of errors and extending the last date of Get all the latest India news, ipo, bse, business news, commodity only on Moneycontrol. She also shared the video and pictures of herself buying vegetables on her official Twitter handle. Union Finance Minister Nirmala Sitharaman said that the global economy today faces a confluence of challenges and it is everybody's collective responsibility to prevent the risks from aggravating.
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