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2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
2 mins read
Market valuation of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals show
The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of…
PTI
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …
ANI
2 mins read
Stock market closing: Sensex, Nifty close the day in green, PSU banks soar by over 3%
ONGC (up by 5.18%), SBI Life (up by 2.95%), Shri Ram Finance (up by 2.88%), State Bank of India (up…
2 mins read
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
3 mins read
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
3 mins read
Stock market closing: Nifty, Sensex close in green, Tata Motors, HCL take lead
Out of 2,788 stocks traded today on the exchange, 1,527 saw advances, while 1,175 saw declines. 234…
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
2 mins read
Jio Financials gets RBI nod to become Core Investment Company
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …
ANI
2 mins read
Stock market closing: Sensex closes above 80,000, auto, pharma and realty indices rally
Maruti (up by 6.52%), Divis Labs (up by 2.37%), Mahindra and Mahindra (up by 2.23%), Titan (up by 1…
1 min read
MobiKwik gains market share, becomes largest Wallet player
MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…
PTI
3 mins read
Wholesale inflation touches 15-month high in May
Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…
PTI
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…