New Delhi: India’s foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks. In the week that…
Category: Economy
TCS, Bharti Airtel Tank Most As Eight Of India’s Top 10 Firms Lose Rs 1.65 Lakh Crore In Market Value
New Delhi: Tata Consultancy Services (TCS) suffered the biggest loss in market capitalisation as the combined valuation of eight of India’s ten most valuable companies fell by Rs 1,65,784.9 crore…
Good News For Borrowers: Bank of Maharashtra Slashes Retail Loan Interest Rates By 25 Bps
New Delhi: State-owned Bank of Maharashtra (BoM) has cut interest rate by 25 basis points on retail loans, including home and car loans in line with reduction in repo rate…
“Worst Seems To Be Behind,” Indian Economy Shows Signs Of Recovery: BNP Paribas Report
New Delhi: The challenging time which persisted due to the contraction of the economic growth seems to be over, as new orders, agriculture exports, rural wages, Index of Industrial Production…
RailTel Secures Rs 288 Crore ‘Kavach’ Project To Enhance Railway Safety
New Delhi: RailTel Corporation of India Limited (RailTel), a public sector undertaking under the Railway Ministry, has secured a Rs 288 crore contract to install the Kavach anti-collision system across…
India Not Just Leading In AI Adoption But Also Shaping How It Is Governed, Says FM Sitharaman
New Delhi: Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, on Saturday said that India is not just leading in Artificial Intelligence (AI) adoption but also shaping how it…
SEBI Fines Axis Securities Rs 10 Lakh For Violating Stockbroker Rules
Mumbai: The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 10 lakh on Axis Securities for violating stockbroker rules and other regulatory norms. The brokerage…
Petrol Prices In India Among Lowest In The World: Union Minister Puri
New Delhi: Petroleum prices in India are among the lowest in the world, said Union Petroleum Minister Hardeep Singh Puri. Addressing a press conference in Vijaywada, Andhra Pradesh, he said…
Swiggy’s Valuation Takes A Huge 50% Dip From Its Peak As Stock Plunges
New Delhi: Swiggy, one of India’s leading food-tech companies, is facing a sharp decline in its market valuation which has plunged nearly 50 per cent from its peak. The online…
22 Indian Startups Raise Over $184 Million In Funding This Week
New Delhi: At least 22 Indian startups raised more than $184 million in funding this week, which included 10 growth-stage deals and 12 early-stage rounds. Early-stage startups also attracted investor…