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Home  Business

Business

RBI maintains status quo third time in a row; policy rate unchanged at 4 pc

RBI maintains status quo third time in a row; policy rate unchanged at 4 pc

  • Sensex jumps over 200 points ahead of RBI policy outcome

    UltraTech Cement was the top gainer in the Sensex pack, rising around 4 per cent, followed by L&T, M&M, Maruti, ONGC, Bharti Airtel, PowerGrid and ITC.
  • Artificial Intelligence rescues cotton farmers

    Wadhwani Institute for Artificial Intelligence’s tool runs on a basic smartphone to classify and count pests based on images and provides relevant advisory
  • Vedantu sees multi-fold growth in TS user base

    Tier-2 and below cities accounted for over 80 per cent of the user base of the platform.
  • Use technology for societal good: KT Rama Rao

    New technology should be used to address the pain points experienced by the differently abled, said
  • Service sector recovery weakens in November: PMI

    Overall level of positive sentiment climbed to the highest since February amid predictions that market conditions would normalise once a Covid vaccine is rolled out
  • Enterprises believe COVID-19 to have bigger impact than 2008 downturn

    The joint study by HFS Research and Infosys revealed that 51 per cent organisations consider remote work or hybrid workforce model to be the way forward.
  • RBI bars HDFC from launching digital initiatives

    RBI's order came days after the last instance of service outage across its digital banking channels, including internet banking, mobile banking and other payments
  • NCLT gives nod to Reliance Infratel resolution plan

    Under the approved resolution plan approved by lenders, RCom and its subsidiary RTIL will go to UVARCL, while the tower unit Reliance Infratel will go to Jio for a total consideration of Rs 20,000-23,000 crore to be paid over a period of seven years
  • India, US ink MoU to cooperate on IP examination and protection

    MoU was signed between USPTO, represented by Under Secretary of Commerce for Intellectual Property Andrei Iancu, and Secretary from India's Ministry of Commerce and Industry, DPIIT Guruprasad Mohapatra
  • Indian economy witnessing recovery: Finance Ministry

    The decline in the GDP narrowed to 7.5 per cent in the second quarter of this financial year, over 23.9 per cent in April-June quarter
  • SC asks Franklin Templeton to hold meeting with investors

    SC agreed to hear an appeal filed by Franklin Templeton against the Karnataka HC order which stopped the fund house from winding up its debt fund schemes without prior consent of the investors
  • Caspian Debt partners with IIM-A incubator to launch Innocity Startup School

    Initiative aims to support and nurture early-stage startups in multiple regions by developing the startup ecosystem through collaborations
  • Flipkart partially spins off PhonePe in USD 700 mn fundraising round

    PhonePe has crossed the 250 million registered user milestone, with over 100 million monthly active users (MAU) generating nearly one billion digital payment transactions in October 2020.
  • T-Hub, La Trobe University partner

    Startup incubator to provide India market access to Australian startups as part of the collaboration
  • Rupee opens on flat note against US dollar

    In volatile trade, the local unit also touched 73.89 against the American currency.
  • Sensex rallies over 300 points to scale fresh intra-day peak

    Tata Steel was the top gainer in the Sensex pack, rising around 2 per cent, followed by Maruti, ONGC, HDFC Bank, Tech Mahindra, L&T, HCL Tech and SBI.
  • DigitSecure: Easing digital payments for enterprises

    The 10-year-old company supports payments on a variety of devices for many clients ranging from e-commerce, banking, insurance, and mutual funds
  • Starz OTT platform Lionsgate Play launched in India

    The app is being offered at subscription models of Rs 699 per year and Rs 99 per month
  • India to see $66 bn investment in gas infra

    Govt is targeting to raise the share of natural gas in its energy basket to 15% by 2030 from the current 6.3%
  • Indian economy to see positive growth in Q4: Niti Aayog

    We have now shrugged off the negative impact of the pandemic and are moving towards a sustained high growth trajectory in the coming years, said Niti Aayog Vice-Chairman
  • Exports dip 17.84 per cent in Apr-Nov this fiscal

    Export sectors which did well during the eight months period include pharma, which grew by 15%, rice (39%), and iron ore (62%)
  • SpiceJet to provide logistics support for Covid vaccination

    SpiceXpress, has come forth to take up the responsibility of seamlessly transporting the vaccine through a specialised service called Spice Pharma Pro
  • SC stays NCLAT order for CCI probe against Flipkart

    Senior advocate Harish Salve, appearing for Flipkart, said that CCI doesn't look at the findings of the Government and relied on the tax department findings and misread the findings of the tax tribunal
  • RBI’S Monetary Policy Committee starts deliberation on policy rate

    The RBI will announce its monetary policy review on December 4
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