scorecardresearch
Wednesday, May 29, 2024
HomeEconomy

Economy

RBI directs banks for greater vigilance on forex trading and report unauthorised trading to ED

Mumbai (Maharashtra) , April 25 (ANI): The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading...

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

“Successful FPO marks the beginning of Vodafone-Idea 2.0” says Kumar Mangalam Birla

Mumbai (Maharshtra) , April 25 (ANI): The successful completion of the Rs 18,000 crore follow-on public offer (FPO) marks the beginning of Vodafone Idea...

Kotak Mahindra Bank shares tank 13 pc; mcap erodes by Rs 37,721 cr post RBI action

New Delhi, Apr 25 (PTI) Shares of Kotak Mahindra Bank on Thursday tanked 13 per cent after the RBI barred the firm from onboarding...

Fundraise of Rs 18,000 cr fresh lease of life for Vodafone Idea: Kumar Mangalam Birla

Mumbai, Apr 25 (PTI) Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday said the Rs 18,000-crore fundraise by Vodafone Idea is a...

Stocks hit by tech slide; yen flails at intervention zone

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per

Yen plumbs 34-year low as intervention risks grow

By Rae Wee SINGAPORE (Reuters) -The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to

Indo-Japanese SME association on the anvil

Singapore, Apr 25 (PTI) An Indo-Japanese SME association is on the anvil to help small businesses from Japan enter the Indian market with support...

As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal

New Delhi, Apr 25 (PTI) The problem of high food inflation will be "less severe" in India going ahead, as modern supply chains...

Oil steady as market weighs US demand concerns, Middle East conflict risks

By Jeslyn Lerh SINGAPORE (Reuters) - Oil prices were little changed on Thursday as falling fuel demand in the U.S., the world's biggest oil user, amid signs of a slowing economy contended with

On Camera

1984 no excuse for beadbi killings. Uphold Guru Granth Sahib values, not just physical form

Lynching the accused is not something ordinary Sikhs I know can make peace with. The prevailing sentiment remains that the offenders be punished according to the law.

8 crore MGNREGS workers deleted in 2 yrs. Centre’s Budget cuts, tech push to blame — NGO report

Report by civil society organisations LibTech India and NREGA Sangharsh Morcha flags tech changes being enforced without adequate training, cut in allocation despite demand for work.

Indian peacekeeper Major Radhika Sen to receive UN Military Gender Advocate of the Year Award 2023

Major Sen, a native of Himachal Pradesh, served in Democratic Republic of Congo between March 2023 & April 2024. She is the second Indian to win the award since its inception in 2016.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?