SEBI reduces timeline to complete rights issues to 23 days, effective from April 7
Mumbai: In a bid to help companies raise capital faster, the Securities and Exchange Board of India (SEBI) has reduced the timeline for completing rig...
Reduction in Coal imports led to savings of apprx 42,300 cr rupees
The government today said that coal imports to the country decreased by 8.4 percent during April to December 2024. The Ministry of Coal, in a statemen...
India best-positioned in Asia for economic growth amid trade tensions says Morgan Stanley
India is the best-positioned country in Asia for economic growth, despite ongoing global trade tensions. According to a report by Morgan Stanley, Indi...
Oil prices rise amid US sanction on Iranian export
Oil prices on Monday rose supported by potential sanctions on Iranian oil exports by the US. Meanwhile concerns over the impact of US import tariffs o...
Rupee slips 30 paise to 87.25 against US Dollar
Mumbai: The rupee saw a steep plunge of 30 paise to 87.25 against the US dollar in early trade on Monday as the American currency started recovering f...
Trump signs executive order establishing US strategic bitcoin reserve
US President Donald Trump signed an executive order establishing the country’s strategic bitcoin reserve yesterday. President Trump’s order came a day...
Oil prices up by 1.5%
Oil prices edged up on Friday. Brent Crude was trading over one and a half percent up at around 70 dollars and 54 cents per barrel. WTI Crude was also...
Penalties on 4 Non-Banking Fin Companies for non-compliance with regulatory guidelines
The Reserve Bank of India (RBI) has imposed monetary penalties on four Non-Banking Financial Companies – Peer to Peer (NBFC-P2P) lending platforms for...
RBI likely to cut rates by 50-75 bps in 2025-26 to support consumption: CRISIL Report
The Reserve Bank of India (RBI) is expected to cut benchmark rates by 50-75 basis points during 2025-26 to support consumption and lower borrowing cos...
RBI Governor engages with Fin-Techs, Payment System Operators
Reserve Bank of India’s Governor Sanjay Malhotra held an interaction with non-bank Payment System Operators and FinTechs along with their associations...
New Credit Assessment Model based on digital footprints of MSMEs launched
Union Finance Minister, Nirmala Sitharaman and Minister of State, Finance Shri Pankaj Chaudhary launched the New Credit Assessment Model based on the ...
Japan plans for expansion in India through economic collaboration
A delegation from the Japan-India Business Cooperation Committee, comprising 17 members and led by its Chairman Tatsuo Yasunaga, called on Prime Minis...
Apple launches iPad Air with powerful M3 chip, new Magic Keyboard
Cupertino (California): Apple on Tuesday introduced the faster, more powerful iPad Air with the M3 chip and built for Apple Intelligence.According to ...
India’s circular economy can generate $2 trillion market, 10 million jobs by 2050: Environment Minister
Union Minister of Environment, Forest and Climate Change, Bhupender Yadav, has said that India’s circular economy has the potential to generate a mark...
Indian retail market is expected to reach over Rs 190 trillion by 2034: Report
New Delhi: The Indian retail market is expected to reach over Rs 190 lakh crore by 2034 and retailers capable of embracing the country’s diverse demog...
No fuel for 15+ yrs vehicle at Delhi petrol pumps from 1st April
In order to curb air pollution levels in the national capital, the Delhi Government decided that vehicles which are more than 15 years old will not ge...
GST collections jump 9.1% in Feb to ₹1.84 lakh crore
India’s gross Goods and Services Tax, GST, collections jumped 9.1 per cent in February to 1.84 lakh crore rupees in comparison to the same month last ...
India Retains Fastest-Growing Economy Tag with 6.2% GDP Growth in Q3 FY25
India retains the fastest-growing major economy tag as the country’s GDP grew by 6.2 percent in the third quarter of FY25, up from the revised rate of...
India’s Forex Reserves Hit Two-Month High of $640.48 Billion
India’s foreign exchange reserves grew 4.7 billion dollars to a two-month high of 640.48 billion dollars as of February 21. As per the data released...
Core Sector Growth Hits 4.6% in January 2025
The combined Index of Eight Core Industries, or the core sector, grew by 4.6 percent in January 2025, compared to the same month last year. The produc...
EPFO Retains 8.25% Interest Rate on EPF Deposits for 2024-25
The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has kept unchanged and recommended the same interest rate of ...
Global Crude Oil Prices Drop Amid US Economic Slowdown
Global crude oil prices fell on Friday over global economic growth, fuel demand, and signs of a US economic slowdown. The Brent crude oil prices slipp...
UPI transactions see 33 per cent year-on-year volume growth in February
New Delhi: The unified payments interface (UPI) transactions witnessed 33 per cent growth (year-on-year) in transaction volume in February at 16.11 bi...
Centre Urges States to Maximise Wheat & Paddy Procurement for Upcoming Seasons
The Centre has urged the states and Union Territories to adopt a proactive approach to maximise the procurement of wheat and paddy during the ensuing ...
Global order will not be determined by the developed nations: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that against all the challenges globally, India is moving ahead with growth. Addressing a media conclave ...
India shines bright in Global Economy rankings
NITI Aayog has said that India holds the 5th position among the world’s top economies, boasting a staggering chained real GDP of 4.3 trillion dollars ...
Finance Secretary Tuhin Kanta Pandey appointed as new SEBI Chairman
Finance Secretary Tuhin Kanta Pandey has been appointed as the new Chairman of the Securities and Exchange Board of India (SEBI) for a term of three y...
Union Minister Ashwini Vaishnaw discusses semiconductor, AI, tech investments in India with global investors
Union Minister for Electronics and IT Ashwini Vaishnaw met with Christopher Wood, the global head of equity strategy at global investment banking firm...
Markets turned volatile despite opening on positive note
Mumbai: Equity benchmark indices Sensex and Nifty began the trade on a positive note on Thursday but later faced volatile trends amid unabated foreign...
CBI seizes cryptocurrencies of nearly 24 crore rupees in the GainBitcoin Scam
Central Bureau of Investigation, CBI, has seized cryptocurrencies of nearly 24 crore rupees in the GainBitcoin Scam. CBI in its statement said that te...
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