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RBI warns NBFCs: Avoid algorithm-based credit

New Delhi , May 16 (ANI): The Reserve Bank of India (RBI) on Thursday warned non-banking finance companies (NBFCs) against certain systemic risk, complexity...

India leads the world in mobile wallet payments with 90.8 pc adoption in 2023

New Delhi , May 16 (ANI): India has emerged as the global leader in mobile wallet payments, with 90.8 per cent of its population...

Dollar rebounds after falling on weaker US inflation, yen ticks up

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The dollar found a footing on Thursday after falling sharply on Wednesday on the back of data showing a slowdown in U.S. inflation,

Reliance Retail partners with UK’s leading online fashion retailer, to bring ASOS products to India

Mumbai (Maharashtra) , May 16 (ANI): Reliance Retail, India's leading retailer, and ASOS, the UK's leading online fashion retailer for 20-somethings, have entered into...

Silver surges Rs 1,800 to hit all-time high; gold jumps Rs 650

New Delhi, May 16 (PTI) Silver soared by Rs 1,800 to hit a fresh record high of Rs 88,000 per kg on Thursday, while...

Sensex jumps 676 pts, Nifty closes above 22,400 on global stocks rally

Mumbai, May 16 (PTI) Equity benchmark indices Sensex and Nifty shot up nearly 1 per cent on Thursday, driven by buying in HDFC...

Nifty-Sensex close with gain, bullish momentum expected to continue

New Delhi , May 16 (ANI): At Thursday's closing session, the NSE Nifty 50 surged 203 points, or 0.92 percent, closing at 22,403.85, while...

Oil prices stabilise after U.S. stock drop and slower inflation

By Robert Harvey LONDON (Reuters) -Brent oil futures held steady on Thursday, bolstered by signs of stronger demand in the U.S. after slower than expected inflation in April and lower oil stocks in

Reliance Retail to sell UK’s ASOS apparel in India

BENGALURU (Reuters) - India's Reliance Retail entered a partnership to sell British online retailer ASOS' products in India, the Reliance Industries unit said on Thursday. U.K.- listed shares of ASOS,

Higher gold imports widen trade deficit to five months high at USD 19.1 billion

New Delhi , May 16 (ANI): In April, India saw a notable rise in gold imports, more than doubling to USD 3.11 billion from...

On Camera

Tirupati is the story of us. It’s more than laddus

The temple rituals take from multiple Hindu sects: Vaishnava, Shaiva, Kaumara, and Shakta. This integrated vision has made Tirupati the most popular temple of our time.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

IAF chief AP Singh red-flags Tejas delay, says China ahead in technology & production capacity

Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?