Consumers exhibit a strong preference to place deposits in 1-3 year category

Consumers exhibit a strong preference to place deposits in 1-3 year category

New Delhi, March 4 - Consumers continue to exhibit a strong preference to place deposits in the 1-3-year category, as per a report by Kotak Institutional Equities on deposit trends across banks.

Read More
Moody’s ups India’s growth forecast, expects policy continuity after LS poll

Moody’s ups India’s growth forecast, expects policy continuity after LS poll

Mumbai, March 4 - Moody's Investor Service on Monday raised India’s GDP growth forecast and expects the country to remain the fastest growing economy among the G-20 nations in 2024.

Read More
Passenger vehicles, two-wheelers maintain positive run

Passenger vehicles, two-wheelers maintain positive run

New Delhi, March 4 - Auto sales maintained the trends, with passenger vehicles and two-wheelers maintaining a positive run, whereas commercial vehicles and tractor segment sales momentum continued to be weak, Kotak Institutional Equities said in a report.

Read More
Govt allows export of onion to Bangladesh, UAE with riders

Govt allows export of onion to Bangladesh, UAE with riders

New Delhi, March 4 - The government has allowed the export of 64,400 tonnes of onion to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications issued by the Directorate General of Foreign Trade (DGFT).

Read More
Majority of apps yet to be relisted on Google Play: Industry body

Majority of apps yet to be relisted on Google Play: Industry body

New Delhi, March 3 - A majority of apps that were delisted by Google Play last week are yet to be relisted, the Internet and Mobile Association of India (IAMAI) said on Sunday.

Read More
Have called Google for meeting next week: IT Minister on Play Store row

Have called Google for meeting next week: IT Minister on Play Store row

New Delhi, March 2 - Union IT and Telecom Minister Ashwini Vaishnaw on Saturday said he has called Google for a meeting next week, after the company started to reinstate some of the apps of Indian digital companies it delisted from the Play

Read More
RBI turning up compliance heat on regulated entities

RBI turning up compliance heat on regulated entities

New Delhi, March 2 - Compliance is taking the centre stage with 4x increase in RBI penalties on regulated entities (FY20-23), IIFL Securities said in a report.

Read More
Salaries delayed for Byju’s 20,000 employees, CEO blames investors

Salaries delayed for Byju’s 20,000 employees, CEO blames investors

New Delhi, March 2 - Edtech major Byju's is yet to process the salaries of its employees for the month of February as the amount raised through the rights issue is currently locked in a separate account "at the behest" of some key

Read More
Nifty records all-time high

Nifty records all-time high

New Delhi, March 2 - Nifty regained strength with a strong bullish candle formation to record an all-time high crossing the 22300 zone with sentiment and bias turned strong, says Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher.

Read More
Must take permission before launching AI models, safeguard electoral process: Centre to Big Tech

Must take permission before launching AI models, safeguard electoral process: Centre to Big Tech

New Delhi, March 2 - The Centre on Saturday came down hard on big internet and social media platforms on the misuse of AI, saying all intermediaries must not permit any bias or discrimination or threaten the integrity of the electoral process, and

Read More
Reinstate Bharatmatrimony, Info Edge, Shaadi.com, TrulyMadly: IAMAI tells Google

Reinstate Bharatmatrimony, Info Edge, Shaadi.com, TrulyMadly: IAMAI tells Google

New Delhi, March 2 - The Internet and Mobile Association of India (IAMAI) on Saturday slammed removal of Indian companies' apps and asked Google to reinstate those delisted apps on its Play Store.

Read More
‘Anytime’: Sam Altman responds to old X thread after Elon Musk sues OpenAI

‘Anytime’: Sam Altman responds to old X thread after Elon Musk sues OpenAI

New Delhi, March 2 - OpenAI CEO Sam Altman has responded to an old X thread of a brief conversation he had with Elon Musk after the tech billionaire sued the ChatGPT maker, alleging that the company breached their original contractual agreements around

Read More
India can notch true economic potential with more women in workforce: US Consul-General

India can notch true economic potential with more women in workforce: US Consul-General

Ujjain (Madhya Pradesh), March 1 - India cannot achieve its true economic potential without the greater inclusion of women in the formal workforce, US Consul-General in Mumbai, Mike Hankey, said here on Friday.

Read More
India will be fabricating 300 crore semiconductor chips in a year: IT Minister

India will be fabricating 300 crore semiconductor chips in a year: IT Minister

New Delhi, March 2 - The country will not only meet its demand for semiconductors by 2029 but also start exporting them, while fabricating “300 crore semiconductor chips in a year”, Union Electronics and IT Minister Ashwini Vaishnaw has said.

Read More
Paytm Payments Bank receives FIU ‘direction’ over a discontinued business segment

Paytm Payments Bank receives FIU ‘direction’ over a discontinued business segment

New Delhi, March 1 - Paytm Payments Bank Limited (PPBL) on Friday faced a penalty from the Financial Intelligence Unit-India (FIU-IND). The agency has imposed a monetary penalty of Rs 5.49 crore on the company's associate entity.

Read More
Nirmala Sitharaman launches Rs 1,000 cr worth infra projects

Nirmala Sitharaman launches Rs 1,000 cr worth infra projects

New Delhi, March 1 - Union Finance Minister Nirmala Sitharaman on Friday virtually launched seven infrastructure projects worth over Rs 1,000 crore that include residential and office complexes for government officials.

Read More
Financial Intelligence Unit slaps Rs 5.49 cr penalty on Paytm Payments Bank

Financial Intelligence Unit slaps Rs 5.49 cr penalty on Paytm Payments Bank

New Delhi, March 1 - The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of Rs 5.49 crore on Paytm Payments Bank Ltd for violations of money laundering prevention rules, the Union Finance Ministry said on Friday.

Read More
97.62 pc of Rs 2000 banknotes returned to banking system: RBI

97.62 pc of Rs 2000 banknotes returned to banking system: RBI

Mumbai, March 1 - The Reserve Bank of India (RBI) said on Friday that nearly 97.62 per cent of the Rs 2000 banknotes in circulation have been returned to the banking system.

Read More
Industrial conclave to make Ujjain new business hub in MP: Jyotiraditya Scindia

Industrial conclave to make Ujjain new business hub in MP: Jyotiraditya Scindia

Bhopal, March 1 - Civil Aviation Minister Jyotiraditya Scindia said on Friday that the two-day regional industrial conclave in Ujjain (March 1-2) will pave the way for the exclusive growth of Madhya Pradesh.

Read More
Google trying to intimidate Indian developers with its exploitative policies: ADIF

Google trying to intimidate Indian developers with its exploitative policies: ADIF

New Delhi, March 1 - The Alliance of Digital India Foundation (ADIF), a policy think-tank representing homegrown startups, on Friday slammed Google, saying that by delisting apps, Google is trying to "intimidate and coerce the developers" who have dared to challenge its "exploitative

Read More