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Home  Business

Business

RBI lending rate hike: What it means for the common man

RBI lending rate hike: What it means for the common man

  • All you need to know about UPI transactions limit 

    People in India are widely using UPIs (Unified Payments Interface) for sending and receiving money, making bill payments, and merchant transactions. Introduced in 2016 by the National Payments Corporation of India (NPCI), the UPI has made life easier than ever before by making instant payments available around the clock. 
  • Sensex, Nifty start on choppy note; IT stocks decline

    The 30-share index was trading 34.28 points or 0.05 per cent lower at 62,592.08 in early deals. Similarly, the Nifty slipped 14.55 points or 0.08 per cent to 18,628.20, mirroring sluggish investor sentiment in global markets.
  • Rupee falls 25 paise to 82.75 against US dollar in early trade

    Forex traders said dollar demand in the overseas market and foreign fund outflows weighed on investor sentiments.
  • RBI hikes repo rate by 35 bps

    The repo rate, also called the policy rate, is the interest at which RBI lends money to the commercial banks.
  • Microsoft announces Future Ready Champions of Code program for techies

    It is aimed at engaging over 1 lakh developers across industry and academia.
  • QETCI, T-Hub sign MoU to provide opportunities in quantum technologies

    QETCI signed a memorandum of understanding MoU with innovation hub and startup ecosystem enabler T-Hub.
  • UPI transactions see 650 per cent rise at semi-urban, rural stores: Report

    There was a growth of 25 per cent and 14 per cent in value and volume, respectively, in assisted financial transactions across semi-urban and rural retail counters in the country in 2022,
  • World Bank upgrades India’s GDP growth to 6.9 per cent for current fiscal

    The global financial institution said that the revised update was mainly due to greater resilience shown by the Indian economy against global shocks and better September quarter figures.
  • Now travel across 184 nations with Airtel ‘World Pass’ data roaming pack

    The company said that with this, users do not need to buy multiple packs across multiple countries or transit airports.
  • Co-working space Dwaraka Pride launched at Madhapur

    Over 100 companies have established their offices in Dwaraka Infra's projects.
  • Takeaways from RBI’s MPC meeting can be more than repo rate hike

    Economic experts expect the MPC to hike the repo rate by 25-35 basis points (bps) with industry lobby body ASSOCHAM also urging the central bank to do the same.
  • Akums enters into joint association with Leiutis, Biophore for bringing first-of-its-kind therapeutics to India

    It has partnered with Hyderabad-based companies for research and development of a range of products for multiple therapies.
  • Telangana, Coinbase join hands to build strong Web 3.0 community

    The MoU was exchanged in the presence of IT and Industries Principal Secretary Jayesh Ranjan and Emerging Technologies Wing Director L Rama Devi Lanka.
  • Hyderabad grabs top spot in office space absorption surpassing Bengaluru

    Hyderabad witnessed the highest quantum of office space absorption, around 8.2 million sft, in the country, surpassing Bengaluru for the top spot
  • Moodle acquires Hyderabad-based edtech startup eAbyas

    The company acquired for its technical strength in development and providing services like implementation, integration and hosting to the global market
  • IIIT-Hyderabad startup creates plantar pressure analysis mat

    Hyderabad-based startup PiStarTech has created ‘Flexible Podiatry System Mat’, a digital automated foot scanning system that provides complete plantar pressure analysis
  • Hyderabad-based SKM Technologies gets recognition from HAL

    Hyderabad-based SKM Technologies is recognised the 'Best Supplier' by the Aircrafts Division of Hindustan Aeronautics Limited (HAL)
  • Amara Raja E-Hub to come up in Hyderabad

    Amara Raja Batteries will set up a first of its kind energy research centre, Amara Raja E-hub, in Hyderabad.
  • Markets fall in early trade after 8 days of rally

    After beginning the trade on a negative note, the 30-share BSE Sensex further declined 305.61 points to 62,978.58. The broader NSE Nifty dipped 79.65 points to 18,732.85.
  • Rupee gains 18 paise to 81.08 against US dollar

    Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation bias.
  • ‘TiE Global Summit to bring global ecosystem to Hyderabad’

    Each year, TiE Hyderabad chapter impacts over 1,100 startups and more than 6400 students through its various programmes
  • NCC gets orders worth Rs 376 cr in November

    These orders are from State Government agencies and do not include any internal order, the company said.
  • Granules India forays into pharma packaging in US

    The facility will be part of the company’s Consumer Health division and will return previously outsourced services in-house.
  • IndiGo in collaboration with DGCA launch ‘Digital e-logbook’ for pilots

    Indigo airline in collaboration with aviation regulator DGCA launched 'Digital e-logbook' for the pilots. The e-logbook will provide direct flight data transfer service to pilots from IndiGo systems to eGCA logbooks from Thursday.
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