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Business
India's economy likely to grow in 6.5-6.7 pc range in FY'24: CII President R...
1 Jun 2023 9:32 AM GMT
New Delhi, Jun 1: Industry body CII on Thursday said India's economy is expected to grow in the range of 6.5-6.7 per cent in the current financial year supported by strong domestic drivers and robust capex momentum of the government. India's Gross Domestic Product (GDP) grew by 6.1 per cent in...
Business
RBI may reduce policy rate in fourth quarter of 2024: Oxford Economics
29 May 2023 9:44 AM GMT
New Delhi, May 29: Global forecasting firm Oxford Economics on Monday said the RBI may cut key benchmark policy rate in the fourth quarter of the current calendar year as a mix of factors will allow the central bank to shift focus and adopt a more accommodative policy stance sooner. It further...
Business
DGCA grants 30 days to Go First to submit revival plan
26 May 2023 8:54 AM GMT
New Delhi, May 26: The Directorate General of Civil Aviation (DGCA) has granted 30 days to cash-strapped airline Go First to submit a restructuring or revival plan, including on fleet, pilots, and maintenance plans. The low-cost airline had stopped flying on May 3 and is undergoing voluntary...
Business
12 Ways You Can Make Your RBL Credit Card Payment
25 May 2023 6:33 AM GMT
RBL Bank credit cards are known to offer a myriad of benefits in addition to the monetary convenience that they provide. Nonetheless, in order to continue reaping the benefits of using your card, you will need to pay your bill on time. RBL Bank credit card payments are easy to perform and can be...
Business
Entire process of Rs 2000 notes withdrawal will be non-disruptive: RBI Guv Das
24 May 2023 11:14 AM GMT
New Delhi, May 24: Reserve Bank Governor Shaktikanta Das on Wednesday said that RBI is monitoring the situation regularly with regard to the withdrawal of Rs 2,000 currency notes and expressed confidence that the entire exercise will be completed in a non-disruptive manner. The Reserve Bank of...
Business
Provide shade and water to those exchanging or depositing Rs 2,000 notes: RBI to...
22 May 2023 7:35 AM GMT
Mumbai, May 22: The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes. It can be noted that during the note ban in 2016, there were allegations of customers dying while waiting in queues to exchange bank notes. ...
Business
'Rs 2,000 note withdrawal to curb cash play in Lok Sabha polls'
20 May 2023 6:56 AM GMT
Chennai, May 20: With cash for votes gaining ground and to prevent money power having a play against the ruling BJP in the 2024 general elections, the Rs 2,000 denomination notes are being withdrawn -- this is a view that is being shared on social media. "It is a move to curtail the opposition's...
Business
Indian-origin Dylan Jadeja to become Riot Games CEO
13 May 2023 7:51 AM GMT
San Francisco, May 13: Riot Games, the developer behind smash-hit video games like 'League of Legends' and 'Valorant,' has appointed India-origin A.Dylan Jadeja as the company's new chief executing officer (CEO). "We're proud to announce that our current global president, A.Dylan Jadeja will...
Business
India on path to become third largest economy, says MSME minister; urges...
10 May 2023 2:00 PM GMT
New Delhi, May 10: Union MSME minister Narayan Rane on Wednesday urged the global and domestic industries to continue to invest in India, which is on its path to become the third largest economy. He made the remarks at 'GIC 23 Intergovernmental Connect' organised by Inventivepreneur Chamber of...
Business
PAN Card Holders Must Comply with The New PF Withdrawal Rule When Filing Their...
5 May 2023 8:26 AM GMT
The Employee Provident Fund (EPF), often simply known as the Provident Fund (PF) scheme, is a government-backed retirement savings scheme. It facilitates long-term investments and helps people from all walks of life build a sufficient retirement corpus by the time they retire. If you...
Business
Exhicon rises market cap to 100 Cr within five days of listing
24 April 2023 4:56 AM GMT
Guwahati, Apr 24: Exhicon Events Media Solutions Ltd’s market capitalisation has risen to almost 30 percent making it to reach 100 Cr mark within five days after listing its stocks on the BSE SME, making it to the highest among all other SME IPO’s listed in last four days in the category.The stock...
Business
India jumps 6 places on World Bank's Logistic Performance Index
23 April 2023 8:41 AM GMT
New Delhi, Apr 23: India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology. India was ranked 44th on the index in 2018...
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