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3 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
2 mins read
Rupee falls 3 paise to close at all-time low of 83.66 against US dollar
On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.
PTI
2 mins read
Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade
Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…
1 min read
Mcap of 8 of top-10 most valued firms jumps Rs 2.10 lakh crore; TCS and LIC sparkle
In the top-10 table, Reliance Industries retained the title of the most valued firm.
PTI
2 mins read
India to triple its electronic production by 2025-26, says RBI
India's electronic produce has surged to 3% of GDP in 2023-24, highlighted the July 2024 monthly bu…
ANI
3 mins read
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
1 min read
Rupee recovers from all-time low, rises 9 paise to 83.69/USD in early trade
At the interbank foreign exchange market, the local unit opened at 83.72 against the American curre…
PTI
4 mins read
On the right track — Economic Survey 2023-24 outlines India’s commendable climate action
India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…
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
2 mins read
Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%
Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…
1 min read
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
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…