RBI releases draft framework for Fintech sector self-regulatory organisations
Mumbai, Jan 15 - The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) for FinTech Sector', laying down the characteristics of a FinTech SRO, and includes the required functions and governance standards.
With blueprint finalised, expansion work of Bagdogra Airport to start from February
Kolkata, Jan 15 - With the blueprint being finalised, the full-fledged expansion work of Bagdogra Airport near Siliguri in Darjeeling district in West Bengal will start from next month, sources aware of the development said.
Go First extends deadline of financial bids to acquire airline, EOI submission till Jan 19
New Delhi, Jan 15 - In a recent development, the lenders of cash-strapped Go First have extended the deadline for financial bids to acquire the airline by January 31, a source aware of the development told IANS on Monday.
FASTags without KYC link to be deactivated after Jan 31: NHAI
New Delhi, Jan 15 - The National Highways Authority of India (NHAI) on Monday said that FASTags with incomplete KYC will be deactivated or blacklisted by banks after January 31, as part of its move to enhance efficiency of the electronic toll collection
Motilal Oswal recommends buy for HCL Tech, neutral stance on Wipro
Chennai, Jan 15 - Broking company Motilal Oswal Financial Services Ltd has recommended that investors buy shares of HCL Technologies Ltd (HCLT) while remaining neutral on Wipro Ltd’s shares.
Wholesale price inflation rises to 9-month high in Dec
New Delhi, Jan 15 - India’s inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 per cent for December 2023 up from 0.26 in November, official data released on Monday showed.
Yes Bank makes biggest market cap gain among banks in Q4 2023
New Delhi, Jan 15 - Yes Bank posted the highest percentage increase in market capitalization among Indian banks in the quarter ended December 31, 2023. Market capitalization for the lender rose 24.4 per cent to Rs 616.94 billion from October to December, helping
Artificial intelligence to affect 40% of jobs globally: IMF
San Francisco, Jan 15 - Artificial intelligence (AI) will affect nearly 40 per cent of all jobs around the world, according to a new analysis by the International Monetary Fund (IMF).
Railway stocks jump up to 17%
New Delhi, Jan 15 - Railway stocks jumped up to 17 per cent on Monday as all round buying pushed Sensex past the 73,000 mark and Nifty beyond 22,000 mark.
Sensex crosses 73k mark led by Wipro
New Delhi, Jan 15 - Sensex crossed the 73,000 mark on Monday led by Wipro which was up by 6 per cent.=
SpiceJet receives in-principle approval from BSE for Rs 2,242 cr fund infusion
New Delhi, Jan 15 - SpiceJet on Monday said that it has received in-principle approval from the Bombay Stock Exchange (BSE) for the issuance of equity shares and warrants convertible into equity shares on a preferential basis.
Apple to merge Siri quality control team in San Diego to one in Texas: Report
San Francisco, Jan 15 - Apple is going to reportedly combine its Siri quality control team of 121 employees in San Diego with the one in Austin, Texas.
Irate passenger complains on social media after IndiGo flight delayed for 7 hours, airline issues refund
New Delhi, Jan 14 - An IndiGo passenger took to social media to express his frustration after enduring what he described as the "worst flight experience" of his life with the airline.
GenAI to help 60% of Asia’s top firms boost worker retention
New Delhi, Jan 14 - Around 60 per cent of Asia's top companies will upgrade hardware and software technologies by 2025 to increase worker retention with personalised work experiences and enhanced collaboration, according to a new report.
Govts owe $88 trillion in debt, equivalent almost to the world’s annual economic output
London, Jan 14 - World leaders are flocking to Davos this week to pontificate on the planet’s most pressing problems, CNN reported.
Bitcoin price nosedives around $42K after spot ETF trading begins
San Francisco, Jan 14 - The price of Bitcoin nosedived to around $42,000, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started trading in the US.
In the coming week market will take cues from Q3 results
New Delhi, Jan 14 - In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair, Head of Research, Geojit Financial Services.
With El Nino likely to abate in April-June, India can hope for normal monsoon
New Delhi, Jan 14 - The El Nino weather phenomenon, which led to the erratic monsoon in 2023 that hit India’s agricultural sector, is still active in the Pacific Ocean where it originates, but is expected to withdraw during April-June this year which
D-Mart clocks 17% rise in net profit at Rs 690cr for Oct-Dec quarter
Mumbai, Jan 13 - Avenue Supermarts, which operates the D-Mart retail chain, on Saturday reported a 17.09 per cent increase in consolidated net profit at Rs 690.41 crore for the October-December quarter of the current financial year. The company had made a net
Piyush Goyal rules out lifting export curbs on wheat, rice & sugar
New Delhi, Jan 13 - Commerce and Industry Minister Piyush Goyal on Saturday ruled out the lifting of the government ban on the export of wheat, rice and sugar.