Bank of Baroda UAE Marks 50th Year of Excellence in the United Arab Emirates
Dubai, UAE: In a momentous celebration, Bank of Baroda UAE, the sole Indian bank in the UAE offering comprehensive banking services, commemorated its ...
Centre allocates additional two lakh tonnes of sugar in domestic quota to ensure reasonable prices all over the country
New Delhi: The Centre has provided additional allotment of two lakh tonnes of sugar in domestic quota for the month of August. The Consumer Affairs Mi...
Adequate fertilizers are available for the Kharif Season: Dr Mansukh Mandaviya
New Delhi: Union Chemicals and Fertilizers Minister Dr Mansukh Mandaviya has reviewed the availability and use of fertilizers with State Agriculture M...
Consistency in reform policy, with focus on systemic efficiencies, is need of the hour: Nirmala Sitharaman
Kevadiya: Union Finance Minister Nirmala Sitharaman has said that consistency in reform policy, with focus on both personal and systemic efficiencies,...
Rupee rises 7 paise to 83.06 against US dollar in early trade
Mumbai: The rupee recovered from its all-time low levels and appreciated by 7 paise to 83.06 against the US dollar in early trade on Tuesday, as the A...
Bank deposits increase by Rs 24,102cr in quarter
Hyderabad: Total deposits in banks increased by Rs24,102 crore in the quarter, taking the total deposits to Rs7,07,108 crore, SBI’s chief general mana...
FM Nirmala Sitharaman emphasizes the need for optimal utilization of government's resources
Kevadiya: Union Finance Minister Nirmala Sitharaman emphasized the need for optimal utilization of the vast resources of the government and mentoring ...
Oil prices rise as global supply is tightening with lower exports from Saudi Arabia and Russia
Oil prices rose yesterday as global supply is tightening with lower exports from Saudi Arabia and Russia. This has risen concerns about global demand ...
Foreign Investors pump in over Rs 13,000 cr into Indian capital markets so far in Aug
Foreign Investors pumped in over 13,000 crore rupees into the Indian capital markets so far in August. According to depositories data, foreign portfol...
EPFO adds 17.89 lakh net members in June this year
The EPFO has added 17 lakh and 89 thousand members on net basis in June this year. As per the Labour Ministry data, month to month comparison of the p...
Chintan Shivir of Finance Ministry to be officially inaugurated at Statue of Unity at Kevadiya
Kevadiya: The Chintan Shivir of the Ministry of Finance will officially be inaugurated at the Statue of Unity at Kevadiya today. Finance Minister Nirm...
Govt raises onion buffer from 3 lakh MT to 5 lakh MT
In an unprecedented move, Government has raised the quantum of onion buffer to five lakh metric tonne this year, after achieving the initial procureme...
Jan Dhan accounts cross 50 crore mark
The total number of Jan Dhan accounts has crossed the 50 crore mark. The Finance Ministry said, out of these accounts 56 percent of accounts belong to...
India's foreign exchange reserves rise USD 708 mln to USD 602.16 bln
Mumbai: India's foreign exchange reserves jumped USD 708 million to USD 602.161 billion for the week ended August 11, the Reserve Bank of India (RBI) ...
Don't compound penal interest on loans : RBI to Banks, NBFCs
Mumbai: Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular dated 18th Aug 2023 mentioned...
RBI asks banks to provide individual borrowers option to switch over to fixed rates at time of reset of interest rates
Mumbai: Reserve Bank of India, RBI, yesterday asked banks to provide fixed interest rate options to individual borrowers and directed the lenders to l...
RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits
New Delhi: The Reserve Bank of India (RBI) on Thursday launched a Centralised Web Portal UDGAM (Unclaimed Deposits Gateway to Access inforMation).This...
20.27 lakh new workers enrolled under ESI Scheme in June 2023
Over 20.27 lakh new workers have enrolled under Employees’ State Insurance, ESI Scheme in June. Around 24,298 new establishments have been registered ...
SBI plans to open 300 branches across country in current financial year
State Bank of India is planning to open 300 new branches across the country in the current financial year. The SBI currently has 22 thousand 405 branc...
FM Nirmala Sitharaman meets Governor of Japan Bank for International Cooperation in New Delhi
New Delhi: Finance Minister Nirmala Sitharaman met the Governor of Japan Bank for International Cooperation (JBIC), Hayashi Nobumitsu in New Delhi yes...
Russia hikes interest rates to 12% after Rouble falls to its lowest value in 16 months
Russia has hiked interest rates to 12 percent after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar yesterday,...
Windfall tax on crude oil, diesel hiked
New Delhi: The government has hiked the windfall profit tax on crude oil produced in the country and on export of diesel, while bringing back the levy...
Vodafone Idea gets Rs 2,000 cr fund support assurance from promoter group
New Delhi: Debt-ridden Vodafone Idea has received funding assurance of up to Rs 2,000 crore from a promoter group entity, the company said in a regula...
India’s overall exports in July this year estimated at 59.43 billion dollars, despite global headwinds
New Delhi: India’s overall exports in July this year are estimated at 59.43 billion dollars, despite global headwinds. Commerce and Industry Ministry ...
Wholesale inflation stays in negative for fourth month at (-) 1.36 pc in July
New Delhi: The wholesale price based inflation remained in the negative territory for the fourth straight month in July at (-)1.36 per cent on easing ...
Pakistan suspends import of Russian crude oil
Karachi: The import of crude oil from Russia has been suspended after more furnace oil was produced than petrol during the refining process, according...
Mahindra XUV300 priced at Rs 7.99 lakh
Pune: Mahindra, the SUV specialist, has introduced two new variants of the XUV300 compact SUV to boost sales in the fiercely competitive but growing S...
Parliament passes Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bill, 2023
New Delhi: Parliament yesterday passed the Central Goods and Services Tax (Amendment) Bill, 2023 and Integrated Goods and Services Tax (Amendment) Bil...
Index of Industrial Production growth at 3.7 percent in June 2023 from 5.3 percent in May 2023
The index of industrial production grew by 3.7 percent in June 2023 from 5.3 percent in May this year. As per the Ministry of Statistics and Programme...
Oil prices rise about half a percent on Friday
Oil prices rose about half a percent yesterday. Inintra-day trade, Brent crude was trading at 86 dollars and 84 cents per barrel.West Texas Intermedia...
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