‘Govt, RBI in discussion  with South Asian nations for cross-border rupee trade’

‘Govt, RBI in discussion with South Asian nations for cross-border rupee trade’

Saturday, 07 January 2023 | PTI | New Delhi

RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee...

Elevated coal price a drag on margins of domestic base metal players: ICRA

Friday, 06 January 2023 | PTI | New Delhi

The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICRA said on Thursday. In a recent note on the primary base metal industry, ICRA said that the earnings of the industry would continue to...

Sebi extends relaxation for cos' to send hard copies of annual reports to shareholders

Friday, 06 January 2023 | PTI | New Delhi

Capital markets regulator Sebi on Thursday extended the relaxation to listed companies whereby they will not be required to dispatch physical copies of the annual reports to their shareholders till September this year. Earlier, the regulator had given similar relaxations to listed companies till December 2022. The fresh decision has been...

RBI allows 6 entities to test fintech products to deal with financial frauds under sandbox scheme

Friday, 06 January 2023 | PTI | Mumbai

Six entities, including HSBC and Creditwatch, have been allowed to test their fintech products to prevent and mitigate financial fraud as part of the fourth cohort under the RBI's regulatory sandbox scheme. Regulatory sandbox refers to the live testing of new products or services in a controlled/test regulatory environment for which...

Sundararaman Ramamurthy takes charge as MD, CEO of BSE

Friday, 06 January 2023 | PTI | New Delhi

Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of leading stock exchange BSE. In a regulatory filing last year, BSE said that markets regulator Sebi has approved the appointment of Ramamurthy as its Managing Director & Chief Executive Officer. "Sundararaman Ramamurthy has assumed charge as Managing Director and...

Policy to make adoption of Indian Standard Time mandatory on anvil: Govt official

Friday, 06 January 2023 | PTI | New Delhi

The government is planning to come out with a comprehensive policy for mandatory adoption of Indian Standard Time (IST) nationwide, a senior consumer affairs ministry official said. The purpose is to ensure synchronization of all networks and computers to IST and adoption of IST by Telecom Service Providers, Internet Service Providers,...

Total vehicle retail sales jump 15% to 2.11 cr units in 2022: FADA

Friday, 06 January 2023 | PTI | New Delhi

Retail sales of overall vehicles in India grew by 15.28 per cent to 2,11,20,441 units in 2022 led by record sales of passenger vehicles and tractors, Federation of Automobile Dealers Associations (FADA) said on Thursday. In 2021, total retail sales of vehicles in India were at 1,83,21,760 units, FADA said in...

Rupee climbs 37 paise to 82.45 against US dollar

Friday, 06 January 2023 | PTI | Mumbai

Rallying for the second straight session, the rupee jumped 37 paise to close at 82.45 against the US dollar on Thursday amid a weak greenback overseas. Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per barrel also helped the local currency. However, unabated foreign...

Sunday Edition

US’ real-time advice to Ukrainian troops

29 January 2023 | AP | Agenda

Muslims A new buzz in the BJP

29 January 2023 | Dipak K Upreti, Saugar Sen Gupta, Biswajeet Banerjee | Agenda

FORDA Seeks Welfare of Resident Doctors

29 January 2023 | HEALTH PIONEER | Agenda

First, purify your mind

29 January 2023 | Bharat Bhushan Padmadeo | Agenda

Leprosy: Reach Those Out of Reach

29 January 2023 | Dr Ramesh Bhat M | Agenda