The Business Bytes

TBB BUREAU NEW DELHI, MAY 25, 2023 “India has become a ray of hope for the world when it comes to strengthening the economy and fighting poverty,” said Prime Minister Narendra Modi, while flagging off the inaugural run of Dehradun-Delhi Vande Bharat Express train via videoconferencing, on Thursday. Throwing light on his three-nation tour to Japan, Papua New Guinea and ...

TBB BUREAU BHUBANESWAR, MAY 25, 2023 The risk of death for hospitalized cirrhosis patients is more than twice as high in lower-or lower-middle income countries compared to high-income countries including india, largely because of limited access to diagnostic and therapeutic resources, according to a study published in The Lancet Gastroenterology & Hepatology journal. Stages of liver disease leading to Cirrhosis ...

TBB BUREAU NEW DELHI, MAY 24, 2023 Life Insurance Corporation of India (LIC) on Wednesday announced a more than five-fold surge in its consolidated net profit to Rs 13,191 crore for the fourth quarter ended March 2023 (Q4FY23) as against Rs 2,409 crore in the corresponding period a year ago. However, the total income of the insurance behemoth during Q4FY23 ...

TBB BUREAU BHUBANESWAR, MAY 24, 2023 Navratna central public sector enterprise National Aluminium Company Limited (NALCO) has reported robust performance across all its business units, with best-ever annual production and sales during the Financial Year 2022-23. According to the financial results, taken on record in the Board of Directors meeting on Wednesday, the state-run aluminium major has posted a net profit ...

TBB BUREAU NEW DELHI, MAY 24, 2023 Hindalco Industries Ltd on Wednesday reported a consolidated net profit of Rs 2,411 crore for the fourth quarter ended on March 31, 2023 (Q4FY23) as against Rs 3,860 crore recorded in the corresponding period in FY 2021-22,. However, the company witnessed a marginal rise in its total income in the quarter under review. ...

TBB BUREAU NEW DELHI, MAY 24, 2023 Going by the trends, India’s gross domestic product (GDP) for FY23 may cross the estimated 7 per cent growth, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday. Speaking at the annual conference of the Confederation of Indian Industry (CII) here, Das said that there is a possibility that the GDP ...

TBB BUREAU NEW DELHI, MAY 24, 2023 The Ministry of Coal has extended the last date for submission of bids till 27th of June, 2023 for the ongoing 7th round of Commercial Coal Mine auctions. In view of requests received from large number of potential bidders, the Ministry has extended the last date for bid submission by 28 days and ...

TBB BUREAU NEW DELHI, MAY 24, 2023 Prime Minister Narendra Modi will declare open Khelo India University Games 2022 via videoconferencing at 7 PM on Thursday. This year, the third edition of Khelo India University Games will be held from 25th May to 3rd June in Uttar Pradesh. These competitions will be organised in Varanasi, Gorakhpur, Lucknow and Gautam Buddha ...

TBB BUREAU NEW DELHI, MAY 24, 2023 India has emerged from the shadows of the past and is being looked upon as the bright spot by the world, said Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal, here on Wednesday. Addressing the CII Annual Session 2023 “Future Frontiers: Competitiveness, Technology, Sustainability and ...

TBB BUREAU NEW DELHI, MAY 24, 2023 HMD Global, the home of Nokia phones, lon Wednesday launched the new Nokia C32, the first smartphone in the popular C-series range with a 50MP Dual camera, bringing advanced imaging to an even more affordable price point. Arriving with the latest Android 13 in a new, refreshed design, it has a toughened glass ...