RBI asks banks to provide individual borrowers option to switch over to fixed rates at time of reset of interest rates
Mumbai: Reserve Bank of India, RBI, yesterday asked banks to provide fixed interest rate options to individual borrowers and directed the lenders to l...
RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits
New Delhi: The Reserve Bank of India (RBI) on Thursday launched a Centralised Web Portal UDGAM (Unclaimed Deposits Gateway to Access inforMation).This...
20.27 lakh new workers enrolled under ESI Scheme in June 2023
Over 20.27 lakh new workers have enrolled under Employees’ State Insurance, ESI Scheme in June. Around 24,298 new establishments have been registered ...
SBI plans to open 300 branches across country in current financial year
State Bank of India is planning to open 300 new branches across the country in the current financial year. The SBI currently has 22 thousand 405 branc...
FM Nirmala Sitharaman meets Governor of Japan Bank for International Cooperation in New Delhi
New Delhi: Finance Minister Nirmala Sitharaman met the Governor of Japan Bank for International Cooperation (JBIC), Hayashi Nobumitsu in New Delhi yes...
Russia hikes interest rates to 12% after Rouble falls to its lowest value in 16 months
Russia has hiked interest rates to 12 percent after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar yesterday,...
Windfall tax on crude oil, diesel hiked
New Delhi: The government has hiked the windfall profit tax on crude oil produced in the country and on export of diesel, while bringing back the levy...
Vodafone Idea gets Rs 2,000 cr fund support assurance from promoter group
New Delhi: Debt-ridden Vodafone Idea has received funding assurance of up to Rs 2,000 crore from a promoter group entity, the company said in a regula...
India’s overall exports in July this year estimated at 59.43 billion dollars, despite global headwinds
New Delhi: India’s overall exports in July this year are estimated at 59.43 billion dollars, despite global headwinds. Commerce and Industry Ministry ...
Wholesale inflation stays in negative for fourth month at (-) 1.36 pc in July
New Delhi: The wholesale price based inflation remained in the negative territory for the fourth straight month in July at (-)1.36 per cent on easing ...
Pakistan suspends import of Russian crude oil
Karachi: The import of crude oil from Russia has been suspended after more furnace oil was produced than petrol during the refining process, according...
Mahindra XUV300 priced at Rs 7.99 lakh
Pune: Mahindra, the SUV specialist, has introduced two new variants of the XUV300 compact SUV to boost sales in the fiercely competitive but growing S...
Parliament passes Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bill, 2023
New Delhi: Parliament yesterday passed the Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bil...
Index of Industrial Production growth at 3.7 percent in June 2023 from 5.3 percent in May 2023
The index of industrial production grew by 3.7 percent in June 2023 from 5.3 percent in May this year. As per the Ministry of Statistics and Programme...
Oil prices rise about half a percent on Friday
Oil prices rose about half a percent yesterday. Inintra-day trade, Brent crude was trading at 86 dollars and 84 cents per barrel.West Texas Intermedia...
Rupee rises by 5 paise to 82.80 against US dollar
Mumbai: The rupee appreciated by 5 paise to 82.80 against the US dollar in early trade on Thursday ahead of the Reserve Bank of India's monetary polic...
RBI retains FY24 GDP forecast at 6.5 pc, raises inflation projection
Mumbai: The RBI on Thursday retained the GDP growth projection for current fiscal year at 6.5 per cent and raised the inflation projection marginally ...
Reserve Bank of India keeps key interest rate unchanged for third time in row
Mumbai: Reserve Bank of India has kept the key interest rate unchanged for third time in a row. Announcing the bi-monthly monetary policy, RBI Governo...
RBI proposes to launch “Conversational Payments” on UPI
Mumbai: Reserve Bank of India has proposed to launch an innovative payment mode viz., “Conversational Payments” on UPI. It will enable users to engage...
Registration of electric vehicles restarted in Delhi: Kailash Gahlot
New Delhi: Delhi Transport Minister Kailash Gahlot on Wednesday announced that the registration of electric vehicles has been restarted and shared tha...
Triumph Speed 400 bike deliveries begin in Hyderabad
Hyderabad: The first batch of Triumph Speed 400 bikes have been delivered in Hyderabad this week at the Retro Triumph dealership. Unveiled in London i...
RBI projected Country’s real GDP to grow at 6.5% in current fiscal year: Govt in Rajya Sabha
New Delhi: The RBI has projected Country’s real GDP to grow at 6.5 percent in the current fiscal year. In the written reply in Rajya Sabha, Minister o...
Tesla appointed Indian-origin Vaibhav Taneja as its CFO
Tesla has appointed Indian-origin Vaibhav Taneja as its Chief Financial Officer (CFO), as the organization plans to make India its next key source of ...
Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary
New Delhi: Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as c...
Global crude oil prices rise for 6th straight week
Global crude oil prices rose for the sixth straight week, after top producers Saudi Arabia and Russia extended supply cuts through September, adding t...
Paytm CEO Sharma to buy stake worth $628 million in co from Antfin Holding
Paytm's founder and CEO, Vijay Shekhar Sharma, will buy a 10.3% stake valued at $628 million in the company from its largest shareholder, in a bid to ...
Centre allocates over Rs 1,39, 500 crore to extend Bharat Net in 6,40,000 villages
The government has allocated one lakh 39 thousand 579 crore rupees to extend Bharat Net in six lakh 40 thousand villages across the country. The Commu...
Valid license for import of laptops, tablets, personal computers to be required from Nov 1
The Government has said that a valid License for imports of laptops, tablets, and personal computers will be required from the 1st of November this ye...
FM Sitharaman holds review meeting of Regional Rural Banks of Southern Region in Chennai
Chennai: Union Finance Minister Nirmala Sitharaman chaired a meeting with Chairpersons and senior officials of Regional Rural Banks (RRBs) from Southe...
Govt says sufficient sugar available for domestic needs
New Delhi: The Centre has said that there is sufficient availability of sugar in the country. In a statement, Ministry of Consumer Affairs, Food and P...
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