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RBI invites applications from eligible SFBs to become regular banks

26 April 2024 6:48 PM GMT
Mumbai, Apr 26 (PTI) Reserve Bank of India on Friday invited applications from small finance banks meeting specified criteria, including a minimum net...

At least $12 tn needed for tripling renewable energy capacity by 2030

26 April 2024 6:48 PM GMT
New Delhi: At least $12 trillion is required to create new infrastructure over the next six years for tripling global renewable energy capacity by...

Benchmarks snap five-day rally; Sensex tumbles over 600 points

26 April 2024 5:23 PM GMT
Mumbai: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking,...

RBI maintains 6% limit on FPI investment in g-sec for FY25

26 April 2024 5:22 PM GMT
Mumbai: The Reserve Bank on Friday said the limits for FPI investment in government securities, state development loans and corporate bonds will...

RBI proposes new norms for LSPs to promote transparency

26 April 2024 5:22 PM GMT
Mumbai: The Reserve Bank of India (RBI) on Friday proposed that lending service providers (LSPs), acting as agents of banks, should give information...

In second consecutive week of decline, Forex kitty drops $2.28 bn to $640.33 bn

26 April 2024 5:22 PM GMT
Mumbai: India’s forex reserves decreased $2.282 billion to $640.334 billion for the seven days ended April 19 in the second consecutive week of drop...

ATC Telecom Infra exits Vodafone Idea

26 April 2024 5:21 PM GMT
New Delhi: ATC Telecom Infrastructure on Friday sold its entire 2.87 per cent stake in telecom operator Vodafone Idea for Rs 1,840 crore through an...

Reliance gets thumbs-up from S&P, Fitch

26 April 2024 5:21 PM GMT
New Delhi: Reliance Industries Ltd has won a vote of confidence from global rating agencies S&P and Fitch after its robust earnings in the fiscal...

IndiGo places firm order for 30 wide-body A350-900 aircraft

25 April 2024 6:12 PM GMT
New Delhi: Marking its foray into the wide-body segment, the country’s largest airline IndiGo on Thursday announced placing a firm order for 30...

‘As India develops, issue of high food inflation will get less severe’

25 April 2024 6:11 PM GMT
New Delhi: The problem of high food inflation will be “less severe” in India going ahead, as modern supply chains with diversified sources can help...

Tech Mahindra March quarter net profit tanks 41% to `661 crore

25 April 2024 6:11 PM GMT
New Delhi: IT ces company Tech Mahindra on Thursday reported about 41 per cent year-on-year fall in its consolidated net profit to Rs 661 crore for...

RBI asks TalkCharge to return funds in PPI-Wallets of customers

25 April 2024 6:10 PM GMT
Mumbai: The RBI on Thursday said it has directed Gurugram-based TalkCharge Technologies Pvt Ltd, which is issuing Prepaid Payment Instruments...
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