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होम » Breaking Briefs

Breaking Briefs

Apple dethrones Samsung as the largest smartphone exporter from India

The US major’s share of exports zoomed from a mere 9% of the roughly 80 lakh smartphones shipped in Q2 of 2022, to almost half the total smartphone exports in Q2 of 2023
GoI orders mandatory disclosure of sugar stock

To deal with hoarding and curb speculation in the sugar market, the government has issued orders to mandatorily disclose the sugar stock position on the portal of the Department of Food and Public Distribution every Monday
RBI tightens noose around wilful defaulters

The central bank has sought comments on the new draft master direction that proposes to expand the scope for lenders which can classify borrowers as wilful defaulters, and refine the identification process
Sebi vs ‘finfluencers’: Can regulator win?
Tepid response to these IPOs

Although company’s revenues are increasing and its operating cash flows are positive but company is in loss.
Crude marching past $95 to test govt’s inflation management skill

The crude price rise has been fuelled substantially by the voluntary production cuts by Russia – the country that gave India cheap oil in the past year and a half -- and Saudi Arabia – the world’s largest crude producer
PM Vishwakarma Yojana: Everything you need to know
Despite headwinds, Indian IT sector witnessing green shoots: NASSCOM chief

Despite economic slowdown in mature markets such as the US and the EU that tend to sacrifice tech spend, green shoots are visible in parts of the $24,500-billion Indian IT industry is witnessing some green shoots, said the newly-appointed chairperson of IT industry body Nasscom Rajesh Nambiar.
Impossible to ride Indian roads of diesel vehicles: SIAM president

It is not feasible to get rid of diesel-driven vehicles on Indian roads, Vinod Aggarwal, president of the Society of Indian Automobile Manufacturers, told the Business Standard, arguing that for some categories of vehicles such as long-range trucks diesel is the only fuel option.
Nifty, NSE scale new heights

As per NSEs financials for Q1 FY24, the exchange earned a total revenue of Rs 3,357 crore, registering a 22% y-o-y increase.

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