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mukeshambanidrawsnilsalaryforsecondyearinrow

Mukesh Ambani draws nil salary for second year in row

New Delhi: Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he v...

marutisuzukiaimstoproduce20lakhunitsthisfiscal:chairmanrcbhargava

Maruti Suzuki aims to produce 20 lakh units this fiscal: Chairman RC Bhargava

New Delhi: Maruti Suzuki India will increase its production and aims to produce 20 lakh units in the ongoing fiscal with improving availability of sem...

indiasforexreservesriseby$231billion

India's forex reserves rise by $2.31 billion

Mumbai: India’s foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the back of robust capital ...

sbipatfall670%onyeartors6068crinq1fy23

SBI PAT fall 6.70% on-year to Rs 6,068 cr in Q1FY23

Mumbai: India’s largest state-owned bank, State Bank of India (SBI) reported a marginal fall in net profit of 6.70 per cent year-on-year to Rs 6,068 c...

indiasexportsofagriculturalprocessedfoodproductsriseby31%

India's exports of agricultural, processed food products rise by 31%

The exports of agricultural and processed food products have risen by 31 per cent in the first three months of the current financial year. According t...

piyushgoyalunveilsdigitalversonofonedistrictoneproductgiftcatalogue

Piyush Goyal unveils digital verson of One District-One Product gift catalogue

Commerce and Industry Minister Piyush Goyal has unveiled the digital version of the One District-One Product (ODOP) gift catalogue during the Export P...

bankofenglandwarnsukwillfallintorecession

Bank of England warns UK will fall into recession

In United Kingdom, the Bank of England has warned the country will fall into recession as it raised interest rates by the most in 27 years. Interest r...

sebiconstitutes15membercommitteetoattractforeigninvestment

SEBI constitutes 15-member committee to attract foreign investment

Mumbai: The Securities and Exchange Board of India (SEBI) has constituted an expert group of Foreign Portfolio Investors (FPIs) to boost overseas flow...

rbiretainsinflationprojectionforfy23at67pc

RBI retains inflation projection for FY23 at 6.7 pc

Mumbai: The RBI on Friday retained inflation forecast for FY23 at 6.7 per cent amid uncertain price trajectory on "geopolitical shocks" and on hope th...

marketsbouncebackafteradaysbreatheraheadofrbisratedecision

Markets bounce back after a day's breather ahead of RBI's rate decision

Mumbai: Equity benchmarks began the trade on a positive note on Friday in tandem with largely firm Asian markets and ahead of the RBI’s policy meeting...

hdfcannouncescompletionof$11billionsyndicatedsocialloanfacility

HDFC announces completion of $1.1 billion syndicated social loan facility

Mumbai: HDFC Ltd has announced the completion of the USD 1.1billion Syndicated Social Loan Facility for the financing of affordable housing in India. ...

rupeegains46paiseagainstusdollar

Rupee gains 46 paise against US dollar

Mumbai: The rupee appreciated 46 paise to 78.94 against the US dollar in early trade on Friday ahead of the Reserve Bank of India’s policy meeting out...

rbihikesbenchmarklendingrateby50basispointstocurbinflation

RBI hikes benchmark lending rate by 50 basis points to curb inflation

Mumbai: The Reserve Bank of India (RBI) on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent to tame inflation.With the lat...

rbitoannounceitsbimonthlymonetarypolicytoday

RBI to announce its bi-monthly monetary policy today

Mumbai: Reserve Bank of India will announce its bi-monthly Monetary Policy today. Experts believe that RBI is likely to increase the repo rate by 25 t...

bhartiairteltolaunch5gserviceslaterthismonth

Bharti Airtel to launch 5G services later this month

New Delhi: Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia a...

govtcutswindfalltaxondieselatfexport

Govt cuts windfall tax on diesel, ATF export

New Delhi: The government has halved the windfall tax on the export of diesel and scrapped the levy on jet fuel (ATF) shipments but raised the tax on ...

oneplus10t5gsmartphoneunveiledinindia

OnePlus 10T 5G smartphone unveiled in India

New Delhi: Alongside the next generation of OnePlus operating system (OS) — OxygenOS 13, the global smartphone brand has made its newest flagship smar...

rbismonetarypolicyreviewunderway

RBI's monetary policy review underway

New Delhi: The three-day Reserve Bank of India’s monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel...

centreapproveshighesteverfairandremunerativepriceofrs305perquintalforsugarcanefarmers

Centre approves highest ever Fair and Remunerative Price of Rs 305 per quintal for Sugarcane farmers

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has approved Fair and Remunerative Price of sugarcane for sugar season 2022-23 (October - ...

govttointroducenewtechnologiestoreplacetollplazasincountrytoensuresmoothmovementofvehicles

Govt to introduce new technologies to replace toll plazas in country to ensure smooth movement of vehicles

New Delhi: The government is contemplating introducing new technologies to replace toll plazas in the country to ensure smooth movement of vehicle. Re...

vistarastartsoperatingflightonmumbaijeddahroute

Vistara starts operating flight on Mumbai-Jeddah route

New Delhi: Vistara on Wednesday said it has started operating flights on the Mumbai-Jeddah route three times per week.The inaugural flight between Mah...

rbisfinancialinclusionindexrises

RBI's financial inclusion index rises

Mumbai: The RBI's composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March ...

sensexfalls70pointsinearlytradetoday

Sensex falls 70 points in early trade today

Mumbai: Equity benchmark Sensex declined nearly 70 points in opening trade on Wednesday, tracking losses in index majors Maruti, M&M and Kotak Mah...

rupeedown27paiseagainstusdollar

Rupee down 27 paise against US dollar

Mumbai: The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities.At th...

spicejetinactivediscussionwithmiddleeasterncarrierforpossiblestakesale

SpiceJet in active discussion with Middle Eastern carrier for possible stake sale

New Delhi: Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a possible stake sale.SpiceJet promoter Ajay...

indianeconomyisbetterplacedthanmanydevelopedcountries:fmnirmalasitharaman

Indian economy is better placed than many developed countries: FM Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman has said that  Indian economy is definitely in much better condition  as  compared to si...

marketshaltfourdayrallyamidweakglobaltrends

Markets halt four-day rally amid weak global trends

Mumbai: Equity benchmarks Sensex and Nifty fell in early trade on Tuesday, halting their four-day rally amid an overall weak trend in the global marke...

spicejetclearsalloutstandingprincipalduesofaai

SpiceJet clears all outstanding principal dues of AAI

New Delhi: SpiceJet on Tuesday said it has entered into an agreement with the Airports Authority of India (AAI) and cleared all outstanding principal ...

bankstoremainshutfor18daysinaugust

Banks to remain shut for 18 days in August

According to the Reserve Bank of India’s (RBI) calendar of holidays, banks will be closed for a total of 18 days in August including six-weekend leave...

gstcollectioninjulysecondhighesteverwithrs148lakhcrorecollection

GST collection in July second highest ever with Rs. 1.48 lakh crore collection

New Delhi: GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher ...

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