Sri Lanka’s Central Bank said on Wednesday that no domestic transactions would be allowed with the Indian Rupee in the island country, as it warned people not to be misled by inaccurate information surrounding the issue. The apex bank said that even though the Indian Rupee (INR) has been endorsed as a designated… Continue reading Indian Rupee not legal tender for domestic payments: S Lanka Central Bank
Tag: Indian
Hockey India president says Indian team will travel to Pakistan if needed
Hockey India president Dilip Tirkey has said that the national men’s team will travel to Pakistan for qualifiers in case it fails to directly qualify for the 2024 Paris Olympics by winning gold at the upcoming Hangzhou Asian Games, starting September 23. The team winning the continental event gold shall receive direct berth… Continue reading Hockey India president says Indian team will travel to Pakistan if needed
Indian women’s compound team shock Colombia, men bow out early
India’s compound women’s team comprising Jyothi Surekha Vennam, Parneet Kaur and Aditi Swami jolted defending champions Colombia 220-216 to enter the final of the ongoing archery World Championships on Wednesday. However, Indian hopes in the compound men’s and mixed team events ended after tight defeats. In the men’s event, Abhishek Verma, Ojas… Continue reading Indian women’s compound team shock Colombia, men bow out early
Surging gold prices take sheen off Indian jewellery maker Titan’s profit
By VarunVyas Hebbalalu India’s Tata Group-owned Titan Co reported a lower-than-expected quarterly profit on Wednesday as its mainstay jewellery segment was hurt due to surging gold prices, which pushed up costs and eroded margins. Titan, which owns the Tanishq jewellery brand, said its first-quarter profit fell more than 2% to 7.77 billion… Continue reading Surging gold prices take sheen off Indian jewellery maker Titan’s profit
Switzerland halts Schengen visa application for Indian tour groups till Oct
Schengen visa | Photo: Schengen visa information website Due to a high volume of pending applications for Schengen visas, Switzerland has put a temporary hold on applications from Indian tour groups according to SchengenVisaInfo. The Swiss embassy in New Delhi stated that they will not be accepting applications until October. The decision was… Continue reading Switzerland halts Schengen visa application for Indian tour groups till Oct
‘Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers’
As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner with any Chinese suppliers involved, according to three government sources with direct knowledge of the matter. Tesla has been in talks with India for weeks about setting up a factory… Continue reading ‘Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers’
Hollywood writer’s strike could dent the prospects of Indian box office
The Hollywood writers’ strike joined by the actors halted movies and television production in the United States, which delayed several critical projects like Avatar 3, Star Wars and Avengers franchises movies. The strike has been continued for three months which may now hit Indian studio executives and theatre owners as well. The movies… Continue reading Hollywood writer’s strike could dent the prospects of Indian box office
Indian auto industry is driving sustainable mobility through 6 initiatives
As India shifts gears to meet its net-zero target by 2070, the transition towards clean energy and multiple decarbonisation initiatives will optimise the use of the country’s energy mix and reduce the proportion of fossil fuels over the long run. Since the Indian automotive industry has always been a key indicator of the… Continue reading Indian auto industry is driving sustainable mobility through 6 initiatives
Indian refiners stock up Urals crude oil before Russian supply cut
Indian imports of Urals grade crude oil from the Russian Federation climbed 13-14 per cent month-on-month to a fresh high in July, according to ship tracking and Russian government data. But there has been a cloud over supplies in August with Russia cutting its oil export. Urals oil — high sulphur,… Continue reading Indian refiners stock up Urals crude oil before Russian supply cut
With a GDP growth of 6.5%, we will be growing at 13%: South Indian Bank CEO
The tenure of Murali Ramakrishnan as the managing director and chief executive officer of Thrissur-based South Indian Bank is set to be over by September 2030. During the first quarter of 2023, the bank posted a 75 per cent rise in net profit. Ramakrishnan lines up the reasons for better performance, future outlook and… Continue reading With a GDP growth of 6.5%, we will be growing at 13%: South Indian Bank CEO