RBI's Scrutiny on Unsecured Loans: Impact on Co-Lending Practices
Discover how RBI's heightened scrutiny on unsecured loans prompts adjustments in co-lending practices.
RBI invites applications from eligible SFBs to become regular banks
An SFB aiming to become a universal bank should have a minimum net worth of Rs1,000-cr as at the end of the previous quarter (audited) and the shares...
India's cotton yarn, fabric exports rise 7% to $11.7 bn in FY24
India is the largest producer of cotton globally, accounting for 23% of the total global cotton production. exports in March grew by 6.78% to $1-bn
Apollo HealthCo Ltd to raise Rs 2,475 cr from Advent International
Apollo HealthCo Ltd would integrate 100% of its wholesale pharmaceuticals distributor firm Keimed Pvt Ltd with Advent International over the next 24...
Reliance Retail outstrips combined market cap of major competitors
Reliance Retail has emerged as a retail powerhouse in India, surpassing major consumer giants like ITC, HUL, DMart, Nestle, Britannia, Tata Consumer,...
Jeff Bezos embraces 'Mind Wandering' to enhance productivity
Amazon and Blue Origin mogul Jeff Bezos has disclosed his unconventional approach to productivity, emphasizing the benefits of what he terms "mind...
ICICI Bank's iMobile app glitches reveal full card numbers, expiry...
Security concerns arose on ICICI Bank's iMobile Pay app when customers reported accessing other customers' credit card details.
Bajaj Finance complies with RBI's directives, formally requests review...
India’s leading non-bank lender, Bajaj Finance, announced on April 25 that it has taken the necessary steps to comply with the Reserve Bank
Motilal Oswal AMC elevates Prateek Agrawal as MD, CEO
Motilal Oswal AMC's AUM rose to Rs 71,810 crores in March '24 from Rs 45,712 cr in March '23
In second consecutive week of decline, forex kitty drops $2.28-bn to...
The reserves had dropped $5.401-bn to $643.162-bn in the previous reporting week, ending a multi-week trend of an increase, which also saw the overall...
World Bank predicts increased interest rates for 2024-25
World Bank warns of prolonged high inflation amid escalating global conflicts and energy price shocks, impacting economies worldwide.
Study reveals record high household debt as Indian spending surges
Insights into the latest findings on India's soaring household debt levels, driven by consumer...
White onions to be exported again via three Gujarat ports
The exports are allowed from Mundra Port, Pipavav Port and Nhava Sheva/JNPT Port
Rupee slips 3 paise to close at 83.31 against dollar amidst strong US...
Indian rupee settled at 83.31 against US dollar, marking a 3 paise drop fueled by a robust American currency
Brent crude trading at $88.14/bbl
Crude oil prices on Thursday climbed Rs13 to Rs6,902 per barrel in futures trade as participants widened their positions...
Gold falls, silver rises
New Delhi: Gold price on Thursday slipped Rs110 to Rs72,500 per 10 grams in the national capital amid a decline in the...
Gold futures rise on spot demand
Gold prices on Thursday rose Rs40 to Rs71,090 per 10 grams in futures trade as speculators created fresh positions on a...
Re in range-bound trading
Mumbai: The rupee inched up one paisa to close at 83.32 (provisional) against the US dollar on Thursday as the support...
Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings
The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs...
PayU can now operate as payments aggregator
PayU-PayPal partnership enhances cross-border payment experience of Indian merchants
Brent crude trading at $88.45/bbl
Crude oil prices climbed Rs29 to Rs6,957 per barrel in futures trade as participants widened their positions following a...
Futures in divergent trading
Gold futures declined Rs45 to Rs70,984 per 10 grams in futures trade on the Multi Commodity Exchange (MCX) amid profit...
Gold, silver prices rebound
New Delhi: Gold and silver prices rebounded on Wednesday after falling in the past two sessions, with the yellow metal...
Equitable wealth distribution is the need of the hour
What is required is to reframe policies and approaches ensuring that the benefit percolates to all citizens
Marx imitated Chanakya's vision of equality to produce Maoist culture
Chanakya's notion of equality included social justice, opportunity and fair distribution of resources
Dissecting India’s employment scenario brings forth startling...
There is a need to accelerate the pace of capacity building across the higher education spectrum
10 Interesting Facts About Lord Hanuman
Regarding Lord Hanuman, there are numerous details that remain unknown to us. The Lord himself has unwittingly imparted countless valuable lessons to...