RBI reviews domestic economic situation, outlook
The Reserve Bank of India’s (RBI) central board on Friday reviewed the domestic economic situation and outlook, including the challenges posed by the global financial market volatility. The board also approved the bank’s budget for the accounting year 2024-25, the central bank said in a statement. The 607th meeting of the Central...
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Government rejects Hindustan Zinc plan to split company
23 March 2024 | PTI -
India forex kitty rises by USD 6.40 billion
23 March 2024 | PTI -
India looking at Africa for critical minerals
23 March 2024 | PTI -
Stock markets rise for third session
23 March 2024 | PTI -
Govt rejects Hindustan Zinc's plan to split company: Mines Secretary
22 March 2024 | PTI -
Markets fall in early trade dragged by IT stocks, weak trends from Asian peers
22 March 2024 | PTI -
YouTube mandates labelling of synthetic, AI generated content
22 March 2024 | PTI
Nissan Motor India names Vatsa as MD
Nissan Motor India on Thursday said it has appointed Saurabh Vatsa as Managing Director effective April 1, 2024. Vatsa was appointed as the company’s Deputy Managing Director on January 15 this year. Vatsa will report to Frank Torres, President of Nissan India Operations and Region Divisional Vice President of Business Transformation (AMIEO),...
Zydus launches Olaparib
Ahmedabad-based Zydus has launched Olaparib, a PARP inhibitor, under the brand name IBYRA in India, aiming to make advanced cancer treatment accessible to all. This drug targets specific genetic mutations prevalent in certain types of cancers, offering a more tailored and effective treatment approach. According to Globocan 2022 data, India sees...
Business brief
SRM to start sports trial SRM Institute of Science and Technology - among India’s biggest and pre-eminent destinations for higher education across disciplines- will be admitting athletes who have excelled at State, National, and International events for the academic year 2024-2025. The trials for the various sports and games, track and...
One crore customers of rivals using our mobile banking app: ICICI Bank
ICICI Bank on Thursday said 1 crore customers from rival banks are using its interoperable mobile banking application, Imobile Pay. The second largest private sector lender has allowed customers of other banks to use the app since December 2020, and services like making payments to any UPI ID or merchants,...
Kia India to hike vehicle prices by three per cent
Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a...
Rupee rises six paise to close at 83.13 against US dollar
The rupee appreciated 6 paise to close at 83.13 (provisional) against the US dollar on Thursday, supported by a firm trend in domestic equities and a weak greenback amid rising appetite for riskier assets. At the interbank foreign exchange market, the local unit opened at 83.07 against the greenback. The unit...
RBI issues omnibus framework for recognising SROs for regulated entities
The Reserve Bank on Thursday issued an omnibus framework for recognising Self-Regulatory Organisations (SROs) for its regulated entities, under which SROs would be required to establish minimum benchmarks for their members. The RBI said SROs enhance the effectiveness of regulations by drawing upon the technical expertise of practitioners and also aid...
