Mumbai, August 7 (IANS): The Reserve Bank on Thursday retained its key short-term lending rate to curb the rise in inflation, and stabilise the general economic environment.
Even though it retained the repo
MUMBAI, AUGUST 6 (IANS): The Reserve Bank of India on Thursday extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their debt, provided their accounts with lenders were clas
MUMBAI, AUGUST 6 (IANS): In a major development for digital payment services, the Reserve Bank of India has decided that payment system operators (PSOs) will have to implement Online Dispute Resolution (ODR) sy
NEW DELHI, AUGUST 6 (IANS): The Indian Railways will flag off India's first Kisan Special Parcel Train from Maharashtra's Devlali to Bihar's Danapur on Friday afternoon to transport perishable goods
MUMBAI, AUGUST 6 (IANS): The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates, but maintained its growth oriented accomodative stance.
Accordingly, the Monetary Policy C
MUMBAI, AUGUST 5 (IANS): Volatility prevailed on Wednesday to hamper the upward movement of key Indian equity indices, a day ahead of monetary policy decision.
Consequently, after making healthy gains, the s
NEW DELHI, AUGUST 5 (IANS): Automobile major Maruti Suzuki India on Wednesday launched the all new S-Cross Petrol with a starting price of Rs 8.39 lakh.
As per the company, the SUV has been engineered with a
NEW DELHI, AUGUST 5 (IANS): Lockdown measures implemented to curb Covid-19 outbreak continued to subdue the Indian service sector's growth in July.
Accordingly, the latest PMI survey data showed that gro
NEW DELHI, AUGUST 5 (IANS): Bharti Airtel on Wednesday announced a multi-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to deliver cloud solutions to large enterprise and small and
CHENNAI, AUGUST 5 (IANS): The Insurance Regulatory and Development Authority of India (IRDAI) has allowed life insurers to issue policy bonds in electronic format during FY2020-21 owing to Covid-19 pandemic.
NEW DELHI, AUGUST 4 (IANS): With Covid-19 changing consumer behaviour, automotive brands that further digitise the car-buying experience are better poised for post-pandemic success, suggests new insights from G
NEW DELHI, AUGUST 4 (IANS): Beverage major Coca-Cola India on Tuesday unveiled two new brands to mark its entry into the nascent immunity-boosting beverages category in India.
Accordingly, the company under
NEW DELHI, AUGUST 4 (IANS): Finnish telecom gear maker Nokia on Tuesday announced a collaboration with the Indian Institute of Science (IISc) in Bengaluru to establish a network robotics laboratory for research
NEW DELHI, AUGUST 4 (IANS): As the country goes through phases of 'Unlock' and economic activities are permitted in a staggered manner, the Department of Economic Affairs' (DEA) monthly economic rep
NEW DELHI, AUGUST 4 (IANS): The Covid-19 pandemic is taking a heavy toll on the Indian economy with estimates now suggesting that the country's real GDP may have shrunk by 5 per cent in July as compared to
NEW DELHI, AUGUST 3 (IANS): As the world goes through an unprecedented recession amid the pandemic, global remittances may fall by $108.6 billion in 2020 if the economic impact of Covid-19 persists throughout t
SAN FRANCISCO, AUGUST 3 (IANS): Microsoft has officially confirmed it is in talks to acquire the operations of video-sharing platform TikTok in the US, Canada, Australia and New Zealand markets following a conv
NEW DELHI, AUGUST 3 (IANS): With economic disruptions set for a long haul due to COVID-19 pandemic, India could see its fiscal deficit this year to balloon to over 6.8 per cent of Gross Domestic Product (GDP),
Mumbai, August 3 (IANS): Bull run in domestic gold futures continued on Monday as prices in the international market surged to new highs.
The active October contract on the Multi-Commodity Exchange (MCX) tou
Mumbai, August 3 (IANS): ICICI Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across tenors with effect from August 1.
Post the cut, EMIs on the loans linked to MCL