Business Standard
International Finance Corporation (IFC), private sector lending arm of the World Bank Group, on Monday tied up with Axis Bank to provide a USD 500 mil
Meanwhile, the recent escalation in tensions in the Middle East is being watched, Rao said, but they are unlikely to impact foreign investments into I
RBI began its fourth Monetary Policy Committee meeting for the ongoing financial year on Monday. Key announcement from the meet will be announced on O
The rupee closed at 83.9775 against the US dollar, little changed from its previous close of 83.9725
Scammers are setting up over 1,000 phishing domains daily and creating deepfake videos of well-known Indian personalities like Mukesh Ambani and Virat
The inauguration of a new runaway in the Maldives built under an airport redevelopment project assisted by India and the official launch of the RuPay
MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of the interest rate for a
The central bank steps in occasionally to support the rupee via moral suasion and had last done something similar in early August
Selected participants will receive a monthly stipend of ~4,500 from the government, with an additional ~500 provided by companies as part of their cor
The scheme will be open for public subscription from October 7, 2024, to October 21, 2024.
High frequency indicators such as the manufacturing PMI slowed to an eight-month low in September, while services PMI eased to a 10-month trough, late
Saudi authorities have introduced stricter penalties for the misuse of work visas
An employee of the Department of Atomic Energy was the victim of a digital arrest scam, losing Rs. 71 lakh to fraudsters
Government workers can invest in the GPF, a long-term savings plan, and build up savings throughout the course of their employment. Upon retirement, a
A total of 47 heli-ticketing fraud cases worth Rs 10 lakh were reported during 2023-2024 in which three persons have so far been arrested. Recovery in
The rupee rose 2 paise to 83.97 against the US dollar in early trade on Monday, aided by a weaker greenback in the international market and a drop in
While interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the RBI's stance to neutral
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail infla
The RBI data showed YTD growth in deposits was 5 per cent for H1FY25 as against 6.9 per cent for H1FY24
By repurchasing its own outstanding bonds from the market before they mature, the government reduces its liabilities and strengthens its fiscal positi