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Invesco’s India arm settles charges of rule violation with markets regulator

MUMBAI (Reuters) - The Indian arm of global asset manager Invesco has settled charges of mutual fund rules violations with the country's market regulator, according to a settlement order uploaded on

India central bank bars Kotak Mahindra Bank from taking on new clients digitally

By Siddhi Nayak and Jaspreet Kalra MUMBAI (Reuters) -India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online and mobile banking channels,

REC to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar

New Delhi , April 24 (ANI): REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed...

Gold extends slide as Middle East crisis escalation fears ease

By Harshit Verma (Reuters) - Gold prices fell for a third session on Wednesday, partly because hedge funds reduced their holdings amid easing concerns of a major escalation of the Middle East crisis,

India saw significant growth in jobs and decline in unemployment rate, govt data show

New Delhi April 24 (ANI): Employment is a major issue this election, especially after the ILO report which claimed that India's youth account...

Four-day market rally makes investors richer by Rs 8.48 lakh cr

New Delhi, Apr 24 (PTI) Investors' wealth surged Rs 8.48 lakh crore in four days of market rally where the BSE benchmark has...

Gold, silver prices rebound after falling for two sessions

New Delhi, Apr 24 (PTI) Gold and silver prices rebounded on Wednesday after falling in the past two sessions, with the yellow metal...

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Mumbai, Apr 24 (PTI) Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new...

RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing credit cards

New Delhi , April 24 (ANI): The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its...

Markets maintain momentum for fourth day; Sensex nears 74k

Mumbai, Apr 24 (PTI) Equity benchmark indices Sensex and Nifty ticked higher for the fourth straight session on Wednesday, helped by buying in metal...

On Camera

It’s time for the space programme to add to India’s economy: APJ Abdul Kalam

On 10 October 2003, India's then-President APJ Abdul Kalam addressed the memebers of the ISRO community recalling his association and the various successful missions.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?