Business

BBPS (Bharat Bill Payment System) cross-border bill payment will highlight the adaptability of the BBPS platform to integrate with fintechs and conventional financial players to facilitate domestic as well as cross-border payment transactions.

Last week, RBI Governor Shaktikanta Das also said that the central bank expects inflation to moderate from September onwards

The Reserve Bank has been mandated to maintain price stability, keeping in mind the objective of growth. Price stability has been numerically defined as maintaining a headline CPI inflation target of 4.0 per cent with a tolerance band of +/- 2 per cent.

Calculations are based on more than 6.5 million orders worldwide and more than 1.3 million orders in India

This sustained interest from FPIs, with equity assets worth Rs 1.38 lakh crore bought cumulatively in 2023, is a positive indicator for the markets.

Elaborating on the recently issued proposals to tackle the menace of financial influencers, the official said Sebi is acting keeping the future in mind and its intent is only to get into a situation if a regulated entity comes into the picture.

This would be a 10-time growth over the 10 billion transactions achieved by the 2016-launched platform in August

NCLT on Tuesday asked SpiceJet to work towards resolving disputes with the lessors who have initiated insolvency proceedings against the airline

India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn

Union Finance Minister Nirmala Sitharaman on Tuesday asked banks and financial institutions to ensure that their customers nominate heirs

Paytm said it disbursed USD 667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments

Automobile retail sales in India rose by 9 per cent in August aided by sales growth in all segments, including passenger vehicles and two wheelers

Indian stock indices continue to remain firm, with most sectoral indices tracking in the green on Tuesday early trade

Positive sentiment in the equity markets failed to provide support to the Indian currency facing pressure due to the elevated level of greenback

Tonse is currently serving as deputy managing director at SBI.

According to sources, the quick-grocery delivery provider once again failed to pay some of its employees as it was to start disbursing salaries from September 4.

The Finance Ministry has initiated the process to prepare the interim Budget for 2024-25 by inviting inputs on expenditure from different ministries and departments.

Around 75 percent of India's solar modules are manufactured in Gujarat, Uttar Pradesh, Telangana, Maharashtra and Karnataka

The company will invest its first $3 million from the fund's APAC allocation to support nature-based projects in India.

The company stated in a release that this new addition is expected to push the total contracted renewable energy capacity for Nxtra data center beyond 274,000 MWh.

 Implementation of multiple proposed regulatory specifications can push up commercial vehicle prices by 10-12 per cent, ratings agency ICRA said on Monday

E-commerce major Amazon on Monday said it will make an initial investment of USD 3 million in nature-based projects in India

State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency

Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data