RBI Introduces a New Mechanism to Settle International Trade in Rupee The Reserve Bank of India (RBI) has established a system to settle commercial activity in rupees in order to foster expansion of global trade with focus on exports from India and to support the rising interest of the global trading community in the rupee.” The central bank’s decision was made in response to mounting pressure on the Indian rupee following Russia’s attack on Ukraine and restrictions imposed by the US and the EU. Reasons Behind it The RBI system is intended to make it easier for importers and exporters…
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Best Finance Books of All Time One of the most crucial aspects of our life is finance. Some people with average income manage to save fortunes while some others with higher salaries end up broke. What’s the secret? Here, we have curated a list of the best finance books of all time which give you the answer to this critical question. Read on! 1. Rich Dad and Poor Dad | Robert Kiyosaki In the book, Kiyosaki explains what he learnt from his father and his friend’s father, who is referred to as the “rich dad” in the title, as a…
Things to Consider When Buying Car Insurance Introduction: Choosing the right car insurance policy can be a daunting process. There are various different types of insurance that you can protect your vehicle with. But everyone has their own needs. However, some general guidelines to follow when choosing your car insurance should lead you in the right direction. Many car owners purchase car insurance as a formality without thinking about it. In many cases, choosing a car insurance product is solely based on the cost of the premiums, and this could easily mean you won’t have enough insurance to protect yourself…
High Cholesterol symptoms The hidden warning signs that people mistake as ‘getting older’ Major health problems are linked to high cholesterol. The primary cause of major illnesses such as cardiovascular disease, peripheral arterial disease, coronary artery disease, and stroke is the accumulation of plaques built on by the presence of excessive amounts of cholesterol in the body. High cholesterol is commonly referred to as the silent killer since it has no symptoms. There are no outward and direct indications of an increase in cholesterol levels in the body. However, if cholesterol level stays high consistently, it clogs up the arteries…
Dayananda sagar College of Arts Science and Commerce Celebrating Four Decades of Educational Excellence Marching ahead under a Visionary Leadership The pioneer in educational excellence, Dayananda Sagar College of Arts, Science, and Commerce (DSCASC) is one of the premier educational institutions located in Karnataka, Bengaluru. The institute was established in 1978 under the aegis of the MGVP trust. Currently, it offers 3 PG programmes (MBA, MCA, and M.Com.) and 4 UG programmes (B. Com, BBA, BCA, and B.Sc.) that are all affiliated with Bangalore University. Shri R. Dayananda Sagar, a visionary educationist, industry leader, and philanthropist, was the founder and…
GLOBAL ALUMINIUM PVT. LTD. AN EMERGING MARKET LEADER IN ALUMINIUM EXTRUSION MANUFACTURING The comprehensive solution provider for Aluminium extruded products, Global Aluminium Private Limited (GAPL), for almost three decades, has aced as a brand operating two advanced automated aluminium manufacturing facilities closely located in Kallakal, a Village of Medak in Telangana and emerging into a market leader. Establishing its brand in the global landscape, GAPL has carved a niche in successfully manufacturing diverse aluminium profiles and has developed expertise in Aluminium alloys for over 25 years, supplying high-quality aluminium extruded products across global markets. Incorporated in 1996, the company sits…
India to Leave Behind China as Most Populous Country India is anticipated to overtake China as the world’s most populous nation next year, according to a report released by the UN on Monday (July 11). As per the estimate, the world population is anticipated to exceed eight billion people by mid-November 2022. According to the United Nations Department of Economic and Social Affairs’ Population Division’s World Population Prospects 2022 report, the world’s population is expected to exceed eight billion on November 15, 2022. After declining by less than 1% in 2020, the pace of population growth worldwide is at its…
Sri Lanka Plans to Stop Money Printing as Inflation Nears 60% Sri Lanka wants to cease injecting local currency to slow down Asia’s fastest inflation since it has run out of dollars to buy fuel and is creating rupees to pay local salaries. Before a review of the monetary policy is planned on Thursday, Prime Minister Ranil Wickremesinghe informed parliament on Tuesday that the inflation rate may reach 60 percent. Because of the country’s bankruptcy, he said, discussions for a rescue from the IMF are difficult. In contrast to the original target of June, Wickremesinghe now anticipates that Sri Lanka…
IDBI Intech Ltd Where business outcomes are delivered via relevant and future-ready tech solutions… Here, Business Connect got the opportunity to connect with the MD and CEO of IDBI Intech- Surajit Roy. We happened to arrange a freewheeling conversation with the luminary driven by our curiosity to get to know about the company and its overall business portfolio. In the overall session, we came across some phenomenal insights and ‘food for thought’ that we believe will fuel the motivational spirit within our global readership. Below are the glimpses of the exclusive interview- BUSINESS CONNECT: AS ONE OF THE LEADING PLAYERS…
Twitter hires top law firm to sue Elon Musk for ending $44 billion buyout deal By Sanjay Maurya News Highlights Tesla CEO Musk terminated his deal on Friday (July 8). To force Elon Musk to complete the deal, Twitter has hired US law firm Wachtell, Lipton, Rosen and Katz (founded in 1965) to sue Musk. Musk reached an acquisition agreement with Twitter in April and had put that on hold in May. Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a $44 billion acquisition deal. According to The Hill (newspaper), the…
