Mumbai, July 4 (IANS): The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable rate reverse repo (VRRR) auction. The move is aimed at redu
New Delhi, July 4 (IANS): Air India has denied allegations from British law firm Stewarts Law that it forced families of the AI 171 crash victims to disclose financial dependency on the deceased to get compensa
Mumbai, July 4 (IANS): The Securities and Exchange Board of India (SEBI) has barred US trading entity Jane Street and three of its related entities from accessing the market, directing them to deposit illegal g
New Delhi, July 2 (IANS): The Department of Telecommunications (DoT) sees the RBI's advisory to banks to integrate the Financial Fraud Risk Indicator (FRI) developed by it into their systems as a "watershed mom
New Delhi, July 2 (IANS) Union Communications Minister Jyotiraditya Scindia on Wednesday said that all due diligence processes have been completed from their end for the entry of SpaceX’s Starlink service in
Mumbai, July 2 (IANS) The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump's firm stand on the upcoming tariff deadline.The nervousness led to a r
New Delhi, July 2 (IANS): Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 20
New Delhi, July 2 (IANS): India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators
New Delhi, July 2 (IANS): The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as “fraud” in a case that dates back to August 2016.Reliance Communications said in
New Delhi, July 1 (IANS): The Centre on Tuesday launched 'RailOne', a super app designed to serve as a one-stop platform for all railway-related queries, passenger needs and services.The app, launched by Union
New Delhi, July 1 (IANS): The State Bank of India (SBI) currently adds 1.1 per cent of global GDP and 16 per cent of India's GDP, the nation's largest bank said on Tuesday, adding that in all the government-spo
Mumbai, July 1 (IANS): The State Bank of India (SBI), the nation’s largest financial institution, is celebrating its 70th year of operations with a balance sheet that has soared to Rs 66 lakh crore and the nu
Mumbai, July 1 (IANS): German luxury car manufacturer Audi on Tuesday announced the sale of 2,128 units in India in the January-June period this year.According to the automaker, ‘Audi Approved: plus’, the p
New Delhi, June 30 (IANS): Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent ma
New Delhi, June 30 (IANS): India’s Goods and Services Tax (GST) collection for the financial year 2024–25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the prev
Mumbai, June 30 (IANS) After rising for four straight sessions, the Indian stock markets took a breather on Monday as investors booked profits amid the absence of strong domestic cues.The Sensex dropped 452 poi
New Delhi, June 30 (IANS): Prime Minister Narendra Modi on Monday highlighted the growing strength of India’s steel industry that is playing a key role in propelling the country's infrastructure, defence, ele
New Delhi, June 30 (IANS): The Goods and Services Tax (GST), widely hailed as one of the biggest economic reforms in post-Independence India, will on Tuesday complete eight years of its success story, with coll
New Delhi, June 30 (IANS): IndusInd Bank’s board is likely to unveil its shortlist for the next chief executive officer (CEO) on Monday, a key development as the lender looks to bounce back from months of dis
Mumbai, June 30 (IANS): The USA’s shift toward de-globalisation may ironically lead to a new avatar of globalisation that is multi-polar, regional, and driven by domestic imperatives for which India is well-p