SBI revises yearly maintenance charges of some cards
Mar 28, 2024, at 06:07 am
Mumbai: The State Bank of India (SBI) has updated the yearly maintenance fees for specific debit cards.
Sanofi collaborates with Dr. Reddy’s Labs to promote and distribute its vaccine brands in India
Mar 28, 2024, at 05:26 am
New Delhi: Hyderabad-based pharmaceutical major Dr. Reddy’s Laboratories Limited (DRL) on Wednesday announced an exclusive partnership with Sanofi Healthcare India Private Limited to promote and distribute Sanofi’s vaccine brands across the country.
India's March gold imports expected to fall significantly: Report
Mar 28, 2024, at 04:28 am
New Delhi: India's gold imports are likely to drop in March by over 90% compared to the previous month, reaching the lowest point since the onset of the COVID-19 pandemic, media reported.
Morgan Stanley raises India's FY25 GDP growth to 6.8%
Mar 28, 2024, at 03:03 am
Mumbai: Global brokerage firm Morgan Stanley on Wednesday increased its GDP growth forecast for India in FY25 to 6.8 percent, up from the previous estimate of 6.5 percent.
Centre plans to borrow Rs 7.5 lakh cr to bridge revenue gap and bolster growth
Mar 28, 2024, at 02:31 am
New Delhi: The government is planning to borrow Rs 7.5 lakh crore through market borrowing between April and September 2024-25 to bridge the revenue gap and stimulate economic growth, the finance ministry said on Wednesday.
CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power
Mar 27, 2024, at 06:52 am
New Delhi: The Competition Commission of India (CCI) has approved the 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.
Mar 27, 2024, at 06:16 am
Mumbai: Pharma companies Sanofi India and Cipla Limited on Tuesday announced an exclusive partnership for the distribution and promotion of Sanofi India’s Central Nervous System (CNS) product range in India.
India's current account deficit reduces to $10.5 billion in Dec qtr: RBI
Mar 27, 2024, at 03:25 am
New Delhi: India's current account deficit lessened to $10.5 billion or 1.2 percent of the GDP in the October-December quarter, from $11.4 billion in the preceding three months and $16.8 billion a year earlier, Reserve Bank of India (RBI) said on Tuesday.
Amul ties up with 108-yr-old American association to sell fresh milk in US
Mar 27, 2024, at 02:11 am
Anand (Gujarat): Amul, the largest dairy cooperative in the world, has entered into a partnership with a 108-year-old dairy association to introduce its fresh, branded milk in the United States, media reports said.
India’s tax revenue grows beyond expectations, shows recent data
Mar 24, 2024, at 05:09 pm
India’s direct taxes have experienced a significant and sustained increase in growth over the time. The Gross Direct tax collection for the year 2023-24 (as on March 17, 2024) registered an increase of 18.7% over the corresponding period last year (2022-23).
Govt planning to conduct another round of auction for J&K lithium reserves
Mar 23, 2024, at 05:34 am
New Delhi: The Central government is planning to conduct another auction for lithium reserves in Jammu and Kashmir as part of a third round, media reported citing sources.
SBI Yono app to remain down on this date and time
Mar 23, 2024, at 05:30 am
New Delhi: State Bank of India’s Internet Banking Service channels—Yono Lite, Yono Business Web & Mobile App, YONO and UPI will be down on Saturday, March 23, 2024, according to the SBI website.
Maruti Suzuki recalls 16,000 units
Mar 23, 2024, at 02:31 am
Gurugram: Maruti Suzuki India on Friday announced the recall of more than 16,000 units of its two leading car models due to a fault in the fuel pump motor, media reports said.
India's foreign exchange reserves grow by $6.396 billion to $642.492
Mar 23, 2024, at 02:00 am
Mumbai: India's foreign exchange kitty fattened by $6.396 billion to $642.492 billion for the week ending on March 15, as per the statement from the Reserve Bank on Friday.
Sensex jumps up 190 points on last day of week
Mar 22, 2024, at 10:58 pm
The stock market extended the rally for second day on Friday as the BSE Sensex gained 190 points to close at 72,831 mainly on the strength of the banking sector and automobiles.
Investor education is critical for financial inclusion of youth in digital overload era, say experts
Mar 22, 2024, at 08:17 pm
New Delhi/IBNS: The Investor Education and Protection Fund Authority (IEPFA), in collaboration with the National Council of Applied Economic Research (NCAER), which is India’s oldest independent economic think tank, and the Department of Commerce, DSE, University of Delhi recently hosted a conference for youth to bolster financial literacy and inclusion.
Zomato CEO Deepinder Goyal marries Mexican entreprenuer Grecia Munoz: Reports
Mar 22, 2024, at 08:03 pm
Zomato CEO Deepinder Goyal has tied the knot with Mexico-born model-turned-entrepreneur Grecia Munoz, media reports said.
All agency banks to remain open for public on March 31: RBI
Mar 21, 2024, at 08:17 am
New Delhi: All banks dealing with government receipts and payments will remain open on Sunday, March 31, to account for all the transactions in the financial year 2023-24.
Samsung expects to contribute 75% in 5G segment in 2024
Mar 21, 2024, at 08:09 am
Hyderabad/UNI: South Korean smartphone maker Samsung is expected to contribute 75 percent in the overall category in the 5G segment this year against 67 percent growth expected by the overall industry, said Ghufran Alam, Senior Director, MX Business, Samsung India, on Wednesday.
Mar 21, 2024, at 07:55 am
New Delhi: The National Internet Exchange of India (NIXI) will announce the launch of the BhashaNet portal for the Universal Acceptance (UA) Day on Thursday at Dr Ambedkar International Centre in the national capital.
LIC fires employee banned by SEBI in front-running case
Mar 21, 2024, at 06:29 am
Mumbai: Insurance behemoth Life Insurance Corporation of India (LIC), a government-owned entity, said on Wednesday that it terminated the employment of a worker banned by the Securities & Exchange Board of India (SEBI) for involvement in a front-running incident, according to a stock market filing.
India's mineral production grows 6% YoY in Jan 2024
Mar 21, 2024, at 05:44 am
New Delhi: India’s mineral production of the mining and quarrying sector grew by 5.9% for the month of January, 2024 compared to the month of January, 2023.
Indian stocks to attract increased foreign investment after 2024 LS polls: Report
Mar 21, 2024, at 04:53 am
Mumbai: Indian stocks will attract more foreign fund inflow after the general elections, encouraged by the country's positive economic growth outlook and United States central bank Federal Reserve's interest rate cuts, a media report said citing JPMorgan Chase & Co.
Bharat Petroleum inks deal with BP to buy US crude
Mar 21, 2024, at 02:25 am
New Delhi: Public sector oil refiner Bharat Petroleum Corporation Ltd (BPCL) has inked a deal with BP to purchase 1 million barrels every month of U.S. West Texas Intermediate (WTI) crude for a period of four months, media reported.
Sensex rises by 89.64 points as market closes in green
Mar 20, 2024, at 10:22 pm
The BSE Sensex on Wednesday rose 89.64 pts to close at 72101.69 on the strength of Energy, Oil and Gas, Power and Telecommunications stocks ahead of US Federal Reserve rates decision.
Mar 20, 2024, at 08:36 pm
Mahindra Tractors, a part of the Mahindra Group and the world's largest tractor manufacturer by volume, recently launched its future ready Mahindra OJA 3140 in West Bengal for the Indian farmer.
What happens when you start your equity SIP and the market crashes?
Mar 20, 2024, at 06:47 pm
Starting a systematic investment plan (SIP) in equity funds is a smart way to build wealth over the long term. For an Indian audience, however, market volatility and the possibility of a crash can be a cause for concern, especially for new investors. If you have recently initiated an equity SIP and find yourself facing a market crash, it's vital to understand the implications and how to respond.
SEBI green lights Airtel subsidiary, Bharti Hexacom's IPO
Mar 20, 2024, at 06:18 am
Mumbai: Bharti Hexacom, a subsidiary of telecom giant Bharti Airtel, has been granted the green light by the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) intentions, media reported.
Adani Green Energy rubbishes links with US probe involving 'third party'
Mar 20, 2024, at 05:21 am
Mumbai: Adani Green Energy on Tuesday said that it is aware of a US inquiry into potential breaches of anti-corruption statutes involving a separate entity but refuted any association with said entity, Reuters reported.
Mar 20, 2024, at 05:17 am
Godrej Security Solutions, a division of Godrej & Boyce, the flagship company of the Godrej Group, announced the expansion of its Home Lockers range in Kolkata with the introduction of its latest innovations: NX Pro Plus, NX Advanced, Verge Series and Dream Box, under the aegis of its flagship property- Secure 4.0.