Zara Owner Inditex Plans Autumn Price Hikes as Profit Increases
On Wednesday, fashion brand Zara’s owner Inditex (BME:ITX) stated that it plans to hike prices again this autumn since it is trying to offset skyrocketing
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Eurozone Industrial Production Falls in July, Eurostat Data Reveals
On Wednesday, European Commission’s statistics agency Eurostat revealed that Eurozone monthly industrial production in July fell by the most since the early months of the
ICICI Prudential Mutual Fund Launches Nifty50 Equal Weight Index Fund
ICICI Prudential Mutual Fund has launched the ICICI Prudential Nifty50 Equal Weight Index Fund. The program will invest in constituents of the Nifty50 Equal Weight
PM Modi Meets Bhutan’s King Jigme Khesar Namgyel Wangchuck
On Wednesday, Prime Minister Narendra Modi met Bhutan’s King Jigme Khesar Namgyel Wangchuck. King Wangchuck also met India’s foreign secretary Vinay Kwatra and shall meet
IEA Lowers 2022 Oil Demand Forecast Amid Economic Growth Fears, China Lockdowns
In its monthly report, the International Energy Agency (IEA) lowered its forecast for global oil demand in 2022. This is attributed to the faltering growth
Airtel and IBM Join Forces to Bring Secure Edge Cloud Services to Indian Businesses
IBM and Bharti Airtel, India’s leading communications solutions provider with more than 358 million users, announced their intention to collaborate to deploy Airtel’s edge computing
KEC International Surges After Securing Orders Worth Rs 1,100 Crore
Shares of KEC International rose on September 14 after the company said it had secured new orders worth Rs 1,108 crore in various businesses. RPG
Indian Telecom Association Demands Converged Law for Digital Services
The Cellular Operators Association of India (COAI) has demanded a law that addresses the want for “convergence” of various digital services. It would include telecommunication
Bank of Baroda Hikes FD Interest Rates by 20 Bps
Bank of Baroda has raised fixed deposit (FD) rates below Rs 2 crore. The bank has raised its fixed deposit rate by 20 basis points.
Binance Soars as Crypto Traders Flee Indian Exchanges to Avoid Taxes
The billionaire CEO of Binance Holdings Ltd, Changpeng Zhao, has tightened his grip on the Indian cryptocurrency exchange market in a major tax overhaul. According