Monday, October 25, 2021

Business

NPCI working on fraud detection model

Speaking at RAISE 2020 event, Dilip Asbe said that financial services are fairly rule-based now and the industry has started looking at AI in a fairly good manner.

MF industry assets base to Rs 27.6 lakh cr

Axis MF, UTI MF, SBI MF and Kotak MF have witnessed an increase in the range of 14-16 per cent in their assets base beating the average industry's growth of 12 per cent.

Job losses widen in services sector: PMI

On the prices front, input prices rose in September, with monitored companies citing higher fuel, meat and vegetable costs. The overall rate of inflation was at a seven-month high.

Torrent Gas to invest Rs 8,000 cr

It holds a city gas license for selling compressed natural gas (CNG) to vehicles and piped cooking gas (PNG) to industries and households kitchens across seven States.

Your jobs, increments, bonuses are secure: Aditya Puri to HDFC Bank employees

The COVID-19 pandemic has resulted in job losses, especially in the organised sectors, as businesses suffered due to economic activity coming to a halt in lockdowns.

RBI’s Monetary Policy Committee to meet for 3-days

The government has appointed three economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the MPC.

IIIT Hyderabad sets up Smart City Research Centre

Facility includes Living Lab, a test bed to showcase new ideas and approaches in internet of things domain

Amazon announces its Great Indian Festival from Oct 17

Over one lakh local shops and kiranas have been enabled by Amazon to serve customers during the festive season.

L&T Launches final offshore patrol vessel for Indian Coast Guard

The role of OPVs includes coastal and offshore patrolling, policing maritime zones of India, control and surveillance, anti-smuggling and anti-piracy operations with limited wartime roles.

HDFC reports business returning to pre-COVID-19 levels

"September has seen the strongest recovery since the outbreak of COVID-19 pandemic and the levels have exceeded those in corresponding month of previous year."

SBI looking to hive off Yono into separate subsidiary: Chairman Rajnish

Mumbai: The country's largest lender State Bank of India is actively looking to hive off its digital platform Yono into a separate subsidiary, its...

Rupee rises 14 paise to 73.15 against US dollar in early trade

Dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent down at 93.39.

Oil & gas imports to increase until 2040: Moody’s

Oil companies left with little cash to meaningfully invest in low carbon alternatives

Ola to appeal UK ban decision over safety risk

The Bengaluru-headquartered company, which had launched its services in London in February, has 21 days to appeal against the decision of Transport for London (TfL).

Centre to review anti-dumping duty on steel products

New Delhi: The Commerce Ministry's investigation arm DGTR has initiated a probe to review the need to continue imposition of anti-dumping duty on certain types...
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