Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Business
RBI Hikes Benchmark Lending Rate By 35 Basis Points To Contain Inflation
Bhubaneswar: The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 35 basis points to 6.25 per cent in an effort to tame inflation, which has remained above its tolerance level for the past 11 months.
With the…
ArcelorMittal Nippon Steel India Completes Rs 16,500 Cr Acquisition Of Port & Power Assets From…
Mumbai: ArcelorMittal Nippon Steel India India has concluded a transaction to acquire two port assets and a power plant from the Essar Group for a net value of approximately Rs 16,500 crore having received requisite corporate and regulatory…
Digital Rupee: First Pilot To Commence Tomorrow; Know The Participating Banks
New Delhi: The Reserve Bank of India (RBI) will launch the first pilot of the Central Bank Digital Currency, Digital Rupee (Wholesale segment), on November 1 for transactions in government securities.
Earlier this month, RBI had said it…
India Bright Spot On Dark Horizon, Says IMF As It Downgrades Global Growth
Washington: The International Monetary Fund (IMF) has downgraded forecasts as it expects global growth to slow further in 2023.
However, IMF has lauded India’s efforts to grow despite the surrounding gloom, reported ANI.
“India deserves…
Mukesh Ambani’s Security Upgraded To Z+ Category; Know Why
New Delhi: The Union Home Ministry has upgraded the security cover of top industrialist Mukesh Ambani.
The Chairman and MD of Reliance Industries Limited’s security was ramped up to Z+ category based on Intelligence agency’s threat…
RBI Cancels Licence Of Laxmi Co-Operative Bank: What Happens To Depositors?
New Delhi: The licence of The Laxmi Co-Operative Bank has been cancelled due to lack of adequate capital.
According to the Reserve Bank of India (RBI), Laxmi Co-Operative Bank, with its current financial position, would be unable to pay…
Baba Ramdev’s Patanjali Group To Float 4 IPOs In Next Five Years
New Delhi: Controversial yoga guru and businessman Baba Ramdev on Friday announced the initial public offering (IPO) plans for four Patanjali group companies over the next five years. "We are preparing to get listed five Patanjali group…
Jio To Launch 5G By Diwali; Now Shop From JioMart On WhatsApp
New Delhi: Reliance Industries Limited's Jio will begin rolling out 5G services for its subscribers by Diwali, announced RIL chairman Mukesh Ambani at the company’s 45th annual general meeting on Monday.
"Within the next two months, that…
Mumbai Jeweller Arrested For Making Calls Threatening Mukesh Ambani & Family
Mumbai: Police have identified the man who allegedly made nine threat calls to the Sir HN Reliance Foundation Hospital and threatened to harm Reliance Industries Limited chairman Mukesh Ambani and his family members.
A 56-year-old jeweller…
Govt Cuts Windfall Taxes On Fuel Export
New Delhi: The government on Wednesday eliminated a levy on gasoline exports and slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates.
The taxes were imposed on July 1 to tap energy…