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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
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Vijay Sales: Redefining Electronics Retail In India For 57 Years
Vijay Sales offers an extensive selection of over 9,000 products from 95 leading brands, ensuring customers find the perfect electronics for their needs, regardless of budget.
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NTPC Green Energy IPO Fully Subscribed On Last Day: Key Takeaways
The initial public offering (IPO) of NTPC Green Energy Limited was fully subscribed on the third and final day of bidding, November 22, driven by strong demand from retail investors.
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Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
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Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
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No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
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Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
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Adani Enterprises To Launch Maiden Rs 800 Crore Retail Bond Issue On September 4
Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore.
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After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
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Indian-Origin Woman Jailed For 10 Years In UK Over "Fraudulent Activity"
An Indian-origin woman was on Tuesday sentenced to 10 years' imprisonment by a court in south-west England after she was found guilty of conning retailers and other businesses out of thousands of pounds.
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United Spirits CEO Summoned By Delhi Police In Liquor Payments Case: Report
The CEO of Diageo's Indian business has been summoned by Delhi police's anti-corruption unit investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, Reuters reported.
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
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Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
-
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
-
Vijay Sales: Redefining Electronics Retail In India For 57 Years
Vijay Sales offers an extensive selection of over 9,000 products from 95 leading brands, ensuring customers find the perfect electronics for their needs, regardless of budget.
-
NTPC Green Energy IPO Fully Subscribed On Last Day: Key Takeaways
The initial public offering (IPO) of NTPC Green Energy Limited was fully subscribed on the third and final day of bidding, November 22, driven by strong demand from retail investors.
-
Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
-
Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
-
Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
-
Adani Enterprises To Launch Maiden Rs 800 Crore Retail Bond Issue On September 4
Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore.
-
After Delhi, Tomatoes To Be Sold At Subsidised Rate Of ₹ 60/Kg In Mumbai
The National Cooperative Consumers' Federation of India Limited (NCCF) has initiated market intervention to stabilize soaring tomato prices in the retail market in Mumbai.
-
Indian-Origin Woman Jailed For 10 Years In UK Over "Fraudulent Activity"
An Indian-origin woman was on Tuesday sentenced to 10 years' imprisonment by a court in south-west England after she was found guilty of conning retailers and other businesses out of thousands of pounds.
-
United Spirits CEO Summoned By Delhi Police In Liquor Payments Case: Report
The CEO of Diageo's Indian business has been summoned by Delhi police's anti-corruption unit investigating billing and discount practices involving government agencies running liquor retail shops between 2017 and 2020, Reuters reported.
-
After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
-
Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
