Currency in circulation rose in value, volume during 2022-23: RBI
The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent, respectively, during 2022-23 as compared with 9.9 per cent and 5 per cent, respectively, in 2021-22, revealed the RBI annual report released on Tuesday. In value terms, the share of Rs 500 and Rs...
Banks need to improve digitalisation and keep vigil on stressed asset: MoS Finance30 May 2023 | PTI
BHEL logs over 17% rise in new orders in 2022-2330 May 2023 | PTI
G20 members to discuss common framework to define startups30 May 2023 | PTI
Tata Consumer to expand presence in southern India30 May 2023 | PTI
Sebi levies Rs 15L fine on an individual for violating norms30 May 2023 | PTI
RBI saw gaps in corporate governance at banks despite norms: Das30 May 2023 | PTI
India's growth momentum likely to be sustained in 2023-24: RBI30 May 2023 | PTI
Stock markets continue to rally in early trade for 4th day running
Equity benchmark indices maintained their winning streak for the fourth day running on Tuesday, helped by continuous foreign fund inflows. The 30-share BSE Sensex climbed 131.32 points to 62,977.70 in early trade. The NSE Nifty advanced 49.6 points to 18,648.25. From the Sensex pack, ITC, UltraTech Cement, Kotak Mahindra Bank, HCL Technologies,...
Stock markets rally for 3rd day amid firm US equities, foreign fund inflows
Benchmark stock indices Sensex and Nifty rose for a third straight day on Monday amid positive trends in the US markets and continuous foreign fund inflows. The 30-share BSE Sensex climbed 344.69 points or 0.55 per cent to settle at 62,846.38. During the day, it jumped 524.31 points or 0.83 per...
Why Should You Buy Car Insurance Online in India?
In today's digital era, the convenience and accessibility of online platforms have transformed various aspects of our lives. The insurance industry is no exception, with an increasing number of people opting to buy car insurance online. India, in particular, has witnessed a surge in online car insurance purchases. In this article, we...
Introduction and withdrawal of Rs 2,000 note cast doubt on integrity, stability of India's currency: Chidambaram
Senior Congress leader P Chidambaram on Monday said the introduction of Rs 2,000 note and its subsequent withdrawal have cast doubt on the integrity and stability of the Indian currency. Addressing a press conference here, the former Union finance minister said the key economic indicators are pointing downward and there is...
Organisations adopting sustainability reporting get competitive edge
Organizations that adopt sustainability reporting get a competitive edge in a market where consumer awareness is rising, in addition to helping the world’s efforts to address urgent environmental and social concerns. Investors are give due importance to ESG aspects into their decision-making processes, and consumers are expecting more goods and...
Cabinet Secy-led panel to interview candidates for RBI Deputy Guv’s post
The Cabinet Secretary-headed panel is scheduled to interview shortlisted candidates on June 1 for the post of RBI deputy governor, which falls vacant on June 21 after M K Jain completes his extended tenure. This vacancy for the RBI deputy governor’s post has been reserved for a commercial banker. According to...
Data Protection Bill will drive behavioural changes for platforms, says Chandrasekhar
The upcoming Digital Personal Data Protection Bill will drive “deep behavioural changes” among those platforms in India that have for long exploited or misused personal data, Union minister Rajeev Chandrasekhar has asserted. In an interview to PTI, the minister of state for IT and electronics also sought to allay concerns around...