BUSINESS

India remains cautious on cryptocurrencies, promotes underlying technology: RBI Governor

India remains cautious on cryptocurrencies, promotes underlying technology: RBI Governor

RBI Governor Sanjay Malhotra said India remains cautious about cryptocurrencies while supporting underlying technologies such as distributed ledgers and tokenisation.…
Noel Tata questions Tata Sons board process in Chandrasekaran reappointment

Noel Tata questions Tata Sons board process in Chandrasekaran reappointment

Tata Trusts Chairman Noel Tata has questioned the procedure followed by the Tata Sons board in reappointing N Chandrasekaran, seeking…
G20 talks may bring more diesel to global market

G20 talks may bring more diesel to global market

Discussions on global diesel supplies on the sidelines of the G20 Trade Ministers’ meeting in Milwaukee contributed to an anticipated…
Bank of Baroda enters pension fund business after PFRDA appointment

Bank of Baroda enters pension fund business after PFRDA appointment

Bank of Baroda has entered the pension fund business after receiving a Certificate of Appointment as a pension fund sponsor…
Govt extends export measures to support exporters amid West Asia disruptions

Govt extends export measures to support exporters amid West Asia disruptions

The government extended timelines for the RELIEF and RoDTEP schemes to support exporters facing geopolitical disruptions, higher logistics costs and…
Adani Group reaffirms commitment to Maharashtra with Rs 6 lakh crore investment blueprint: Pranav Adani

Adani Group reaffirms commitment to Maharashtra with Rs 6 lakh crore investment blueprint: Pranav Adani

Adani Enterprises Director Pranav Adani said Maharashtra’s ‘Invest Maharashtra’ initiative will strengthen investment execution. He highlighted the group’s planned Rs…
Domestic investors infuse Rs 33,460 crore this week, FIIs remain sellers

Domestic investors infuse Rs 33,460 crore this week, FIIs remain sellers

Foreign institutional investors sold Rs 34,970 crore of Indian equities last week, extending their selling streak, while domestic institutions bought…
Indian banks lost nearly $500 million after RBI forex trading rule changes

Indian banks lost nearly $500 million after RBI forex trading rule changes

Indian banks incurred nearly $500 million in foreign exchange trading losses after RBI regulatory changes forced lenders to unwind positions,…
RBI rate hike likely as inflation, global risks rise: SBI Research

RBI rate hike likely as inflation, global risks rise: SBI Research

SBI Research said the balance of risks has shifted towards a 25-basis-point RBI rate hike, citing broader inflationary pressures, global…
Piyush Goyal holds trade talks with Canada, Saudi Arabia, South Korea at G20

Piyush Goyal holds trade talks with Canada, Saudi Arabia, South Korea at G20

Commerce Minister Piyush Goyal held talks with trade counterparts from Canada, Saudi Arabia and South Korea on the sidelines of…
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