NEW DELHI: Indira Gandhi National Open University (IGNOU) and the union ministry of skill development and entrepreneurship (MSDE) on Tuesday signed a memorandum of understanding to roll out skill training under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and establish skill centres across IGNOU’s regional centres nationwide.The MoU was signed in the presence of IGNOU vice-chancellor…
Shares of Wipro fell as much as 4% to Rs 202 on the NSE on Friday after the IT major reported a decline in fourth-quarter profit and flagged a subdued near-term outlook.The company posted a 2% year-on-year drop in consolidated net profit to Rs 3,502 crore for Q4, even as revenue rose 8% to Rs…
India’s foreign exchange reserves rose by $1.689 billion to $688.949 billion in the week ended December 12, data released by the Reserve Bank of India showed on Friday, according to PTI.In the previous reporting week, the country’s overall forex reserves had increased by $1.033 billion to $687.26 billion.Foreign currency assets (FCAs), the largest component of…
NEW DELHI: The Strait of Hormuz remains technically open, but commercial shipping is far from normal, according to Anil Devli, chief executive of the Mumbai-based Indian National Shipowners’ Association, the nearly century-old body that speaks for much of the country’s shipping industry.With 14 Indian vessels trapped in this chokepoint that funnels half of India’s crude…
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NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the second consecutive month to 3.4% (y-o-y) in March from 3.2% in Feb on account of acceleration in food prices, electricity, gas and other fuels, data released by NSO showed Monday. The food index rose 3.9% in March, above 3.5% in preceding…
Strategy (MSTR) has, for the first time last week, used its perpetual preferred stock as the primary vehicle to accumulate bitcoin, marking a potential shift in how the company funds its bitcoin strategy. The company Monday announced it purchased 22,337 BTC in the preceding week, its fifth-largest acquisition on record. Issuance through its STRC perpetual…
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