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Business - Page 582

RBI permits opening of 156 vostro accounts with 26 banks

7 Feb 2025 11:34 PM IST
New Delhi: The government on Friday said so far the RBI has permitted 123 correspondent banks from 30 trading partner countries to open 156 Special...

LIC Q3 profit jumps 17% to Rs 11,056 crore

7 Feb 2025 11:34 PM IST
New Delhi: State-owned insurer LIC on Friday reported a 17 per cent jump in net profit at Rs 11,056 crore in the third quarter ended December 2024 due...

Gold trades flat at Rs 86,070 per 10 grams

7 Feb 2025 11:33 PM IST
New Delhi: Gold remained flat at its all-time high price of Rs 86,070 per 10 grams in the national capital on Friday, according to the All India...

India can certainly achieve 7% plus growth rate: RBI Governor

7 Feb 2025 11:04 PM IST
Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said India can certainly achieve over 7 per cent growth rate and the nation should aspire for...

RBI projects FY26 inflation at 4.2%, down from 4.8% estimate in FY25

7 Feb 2025 11:04 PM IST
Mumbai: The Reserve Bank on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast...

Sebi-registered non-bank brokers can directly access NDS-OM: Reserve Bank

7 Feb 2025 11:03 PM IST
Mumbai: The RBI on Friday said non-bank brokers registered with market-regulator Sebi can directly access NDS-OM, an electronic trading platform for...

Markets end lower post RBI rate cut, non-stop foreign fund outflow dents investors’ sentiment

7 Feb 2025 11:03 PM IST
Mumbai: Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI’s rate cut did not spring any major surprise for the markets and...

India’s forex stocks rise $1.05 bn to $630.607 bn

7 Feb 2025 11:02 PM IST
Mumbai: India’s forex reserves rose $1.05 billion to $630.607 billion for the week ended January 31, the RBI said on Friday. In the previous...

SCO Business Council Secretariat hosts industry interaction on boosting co-op among members

7 Feb 2025 11:02 PM IST
New Delhi: The SCO Business Council Secretariat, Republic of India, hosted an exclusive Industry Interaction on Enhancing Economic Co-operation Among...

Rs jumps 9 paise from all-time low level to 87.50 against dollar

7 Feb 2025 11:02 PM IST
Mumbai: The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India...

Beer Industry’s contributes Rs 92,324 cr in 2023, 0.3% of India’s GDP

7 Feb 2025 11:01 PM IST
NEW DELHI: The beer industry delivered a remarkable Rs 92,324 crore ($10.6 billion) to India’s GDP in 2023, which represented 0.3 per cent of the...

OIL posts Rs 4,522.71 cr PAT in December qtr of FY25

7 Feb 2025 10:59 PM IST
New Delhi: Oil India Ltd (OIL) on Friday announced financial and operational results for third quarter and nine months (April-December) of current...
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