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Home  Business

Business

RBI approves reappointment of Sandeep Bakhshi as ICICI Bank MD

RBI approves reappointment of Sandeep Bakhshi as ICICI Bank MD

  • India’s passenger vehicle sales increase to highest-ever level in August

    In the Three-Wheeler category, sales witnessed an extraordinary surge, with 64,763 units sold in August 2023 compared to 38,369 units in the same month the previous year, registering a remarkable year-on-year increase
  • Yatra Online IPO to open on Friday

    The initial share sale of travel service provider Yatra Online Ltd will open for public subscription on Friday.
  • Rupee falls 1 paisa to 83.03 against US dollar on Monday

    A weak American currency against major rivals overseas, however, supported the domestic unit and restricted the fall
  • Rishabh Instruments stock ends on muted note in debut trade

    Shares of energy efficiency solution company Rishabh Instruments Ltd ended on a lacklustre note on Monday, the first day of trade.
  • Nifty scales 20,000 mount, Sensex regains 67,000 level as stocks extend rally to 7th day

    The successful G20 summit and buying in index majors Reliance Industries and HDFC Bank also added to the winning momentum in equities
  • Nifty breaches 20K for first time

    Robust flows from the local investors amidst mixed and negative flows from foreigners have helped Nifty achieve this landmark, he said. Successful achievements recently in space and foreign diplomacy by India has boosted sentiments for Indian stocks generally in an era when the global situation is still shaky.
  • India surgical sutures market to grow to $380 mn in 2030

    Minimal access surgeries (MAS) have gained significant importance in recent times owing to reduced post-operative pain, shorter hospital stays, and quicker recovery of patients.
  • Nokia introduces ‘G42’: New 5G smartphone with 11GB RAM in India

    The Nokia G42 5G will hit the market in two shades - Purple and Grey, with an 11GB+128GB setup (comprising 6GB physical RAM and 5GB Virtual RAM) at an introductory price of Rs 12,599. It will be up for grabs on various online platforms, beginning September 15th.
  • Looking at further easing FDI norms in space sector: DPIIT secretary

    The government is looking at further easing foreign direct investment (FDI) norms in the space sector to attract overseas players, a top official said on Monday
  • Indian pharma industry to log in 8-10 pc revenue growth this fiscal: Crisil

    Indian pharmaceuticals industry is expected to log in a revenue growth of 8-10 per cent in current fiscal aided by a steady domestic growth and increased exports to regulated markets
  • Nifty likely to make another attempt to cross 20K mark

    Nifty is likely to make another attempt at a new record high trying to conquer the psychological market of 20,000
  • Markets continue to rally for 7th day running

    Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets
  • Rupee rises 9 paise to 82.93 against US dollar

    The rupee continued its upward trend for the second straight session and appreciated by 9 paise to 82.93 against the US dollar in early trade on Monday
  • NCLAT dismisses insolvency plea against Wipro

    A two-member Chennai bench of the appellate tribunal held earlier that there was a pre-existing dispute over the payment between Wipro and the petitioner and observed that the Insolvency and Bankruptcy Code was not framed for being a "mere recovery legislation for creditors".
  • India awaits global input for crypto regulation framework

    The official said there are risks associated with cryptocurrencies as there are the same set of entities who act as depository and clearing systems, unlike that in the stock market.
  • Frictionless credit initiative slashes operational costs for lenders by 70 pc: RBI official

    The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent
  • Growth fundamentals of Indian aviation sector strong, no slowdown seen: Boeing India chief

    Boeing has said that significant skilling of people to meet demand, rationalisation of fuel taxes and continued infrastructure investments will keep the growth going
  • RBI likely to start digital rupee pilot in call money market by October

    Reserve Bank is likely to launch the pilot of Central Bank Digital Currency for transactions for interbank borrowing or call money market by October
  • Longest winning streak for US Dollar in almost nine years

    The US dollar is on track for its eighth consecutive week of gains against a basket of major currencies, marking its strongest performance since the winter of 2014-2015. According to CNN, it has surged by 5% since mid-July.
  • Buoyant sentiments may lift Nifty towards 20K mark over next few days

    Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
  • FPIs turn net sellers; withdraw Rs 4,200 car in equities in Sept so far

    FPIs have turned net sellers to pull out Rs 4,200 crore from equities in September, so far, on rising US bond yields
  • Biofuel alliance can generate opportunities worth $500 bn in next 3 yrs for G20 nations: Indian Biogas Association

    Biofuel alliance can generate opportunities worth USD 500 billion in the next three years for G20 countries, according to Indian Biogas Association
  • India agrees to cut tariffs on US frozen turkey, duck, fresh blueberries: USTR

    US and India have agreed to resolve their last outstanding dispute at the WTO on Indian measures concerning the importation of poultry and poultry products, said Katherine Tai
  • Apple targets 7% market share in Android-dominated India by 2023

    Apple experienced a 68% year-on-year growth in iPhone shipments during the first half of this year in the country.
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