economybharat.com

India’s forex reserves surge $12.58 bn to exceed $700 bn for the first time

India’s foreign exchange reserves have surpassed $700 billion for the first time, reaching $704.89 billion in the week ending September 27. This increase of $12.59 billion marks the largest weekly rise since mid-July 2023, as reported by the Reserve Bank of India (RBI). According to the RBI’s Weekly Statistical Supplement, foreign currency assets (FCAs) increased […]

CAIT expects 48 lakh weddings to generate business worth Rs 5.9 lakh crore, ET Retail

Representative image With an estimated 48 lakh weddings expected to be held nationwide in November and December, the upcoming wedding season is poised to be a ‘significant’ economic milestone, according to a study conducted by the Confederation of All India Traders (CAIT). As per CAIT, the retail sector, which includes both goods and services, is […]

Kinaxis Recognized as a Leader in TMS Technology by Nucleus Research

Ottawa, Ontario, Canada:   Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain orchestration, has been named a Leader in the 2024 Transportation Management Technology Value Matrix by Nucleus Research, a renowned provider of ROI-focused technology research and advisory services. This recognition highlights Kinaxis’ commitment to pushing the boundaries of […]

Delhivery Elevates Communication Efficiency and Safety in the Logistics Space with Truecaller

Delhivery, India’s largest fully integrated logistics company, has partnered with Truecaller, the global platform for verifying contacts and blocking unwanted communication. This collaboration aims to enhance communication efficiency for Delhivery’s customers by using Truecaller’s Customer Experience Solution.   Delhivery strengthens customer safety with Truecaller’s Advanced Call […]

Raghuram Rajan warns taking food off inflation table will be the wrong recipe, ET Retail

Former RBI Governor Raghuram Rajan Amid rising debate over how to handle India’s persistent food inflation, Raghuram Rajan, former Reserve Bank of India (RBI) Governor, has cautioned against excluding food prices from inflation calculations. As inflation remains a key concern for the central bank, Rajan’s stance is that removing food inflation from headline inflation targets […]