Africa

Chinese economy struggling, policy rate cut could impact 'Global Financial Markets'

Latest economic review, the DEA said the geopolitical environment remains tense and fraught.

Aug 20, 2022

Adani Power agreed to buy DB power for Rs 7,000 crore

Adani Power said, "The acquisition will help the company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh."

Aug 20, 2022

I Connect with Yash's Journey: Vijay Deverakonda During Liger Promotion

Vijay Deverakonda, during a promotional interview of his upcoming film Liger, said that he likes the journey of KGF star Yash.

Aug 19, 2022

Most banks hike deposit rates ahead of festive season

Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed.

Aug 17, 2022

GST on rent for business entities only, govt issues clarification [Details]

The Centre on Friday issued a clarification regarding GST on house rent, noting renting of a residential unit is taxable only when it is given to a business entity.

Aug 12, 2022

Markets: Rupee, bond yield ends almost flat ahead on long weekend

The Indian rupee and the government bond yield ended almost flat on Friday as most traders remained on the sidelines ahead of the long weekend.

Aug 12, 2022

Future is 'Made in America': Biden after signing $280 bn CHIPS & Science Act

US President Joe Biden on Tuesday signed the historic $280 billion CHIPS and Science Act into law that includes $52 billion to boost domestic semiconductor manufacturing.

Aug 10, 2022

India plans to ban Chinese smartphone companies from sub-Rs 12,000 phone market: Report

Xiaomi and its competitors would suffer if they were excluded from India's entry-level market because they have increasingly relied in recent years on fuel growth.

Aug 8, 2022

Forex: India's forex reserves rises after 4 weeks of fall

India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market.

Aug 6, 2022

Economy: Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds

Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS.

Aug 6, 2022

Economy: Benchmark bond yield rises 9 basis bps after RBI hikes repo rate

The yield on benchmark government bond yields rose sharply by 9 basis points in the morning trade after the Reserve Bank of India (RBI) announced an increase of the repo rate by 50 basis points.

Aug 5, 2022

Shaktikanta Das, Governor, Reserve Bank of India

Ecomony: RBI ups policy rate to 5.40% to contain inflation

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent.

Aug 5, 2022

Chetan Slams Sudeep's Vikrant Rona over "insensitive portrayal of Dalit-Bahujans'

Kannada actor and activist Chetan Kumar has slammed recently-released multilingual flick Vikrant Rona. He has expressed his unhappiness over "insensitive portrayal of Dalit-Bahujans."

Aug 4, 2022