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The investment comes at a time when Adani Group officials are under scrutiny following a US Department of Justice indictment in a bribery case in November last year
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The RBI Governor’s remarks came at a media briefing on being asked if more interest rate cuts are in the offing
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The present framework limits co-lending to partnerships between banks and non-banking financial companies (NBFCs) to priority sector lending such as agriculture, micro-enterprises and loans to weaker sections
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The authorisation will allow Resilient to facilitate various payment-related services, including transactions through its own payment gateway, a statement from BharatPe said
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Sanjay Malhotra said that trade tariff related measures have clouded the economic outlook across regions, posing risk of new headwinds for global growth and inflation
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It may be noted that the growth projection for the current year has been marked down by 20 basis points relative to our earlier assessment of 6.7 per cent in the February policy": RBI Governor
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The RBI slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US
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The Indian currency logs the maximum single-day loss on April 8. It earlier recorded such a steep loss in one session on January 13 this year, when it had depreciated by 66 paise
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The company is also looking at raising capital from an external investor by September and is in the process of appointing merchant bankers
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The US tech giant is considering this move as a temporary solution to reduce the rising cost of importing products from China, according to a report by The Wall Street Journal.
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Global wholesales of Tata Motors passenger vehicles, including electric vehicles, in Q4 FY25 were at 1,46,999 units, lower by 6 per cent against Q4 FY24
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The Swiggy Instamart 'Maxxsaver' feature is aimed at making everyday shopping more affordable and rewarding
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The first quarter of this year witnessed a total funding of $366 million. March was the most funded month of the quarter, with $187 million raised, accounting for 51 per cent of the total funds
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Financial analysts blamed the fear of a global recession for the massive fall in the stock exchange. Even after a cooling period of one hour, the PSX lost another 2,000 points when trading resumed, resulting in a record 8,600 points drop in intraday trade
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The Finance Minister would participate in the 13th Ministerial round of India-UK Economic and Financial Dialogue and engage with think tanks, investors, and business leaders in the UK and Austria, according to a Ministry of Finance statement
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Sensex nosedives over 5 per cent amid global market meltdown due to growing trade war concerns
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The World Bank and Asian Development Bank (ADB) together committed to fund USD 1600 Million (Rs 13,600 crore), USD 800 Million each, for Amaravati capital city phase-I development, while the Centre will be contributing remaining Rs 1,400 crore, out of the Rs 15,000 crore committed by the Central Government for phase-I of the development
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Grok-3 proves that throwing 100x more GPUs can yield marginal performance gains rapidly. But it also highlights rapidly diminishing returns on investment (ROI), says report
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Aerospace startup Sarla Aviation had unveiled India’s first flying taxi prototype ‘Shunya’ earlier this year
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The tariffs will be imposed on American goods starting April 10; Beijing also announced it filed a lawsuit with World Trade Organization
