Business

RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts

RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts

 Industry experts on Friday welcomed the move by the Reserve Bank of India (RBI) to permit the use of third-party…
RBI to review liquidity coverage ratio norms for banks

RBI to review liquidity coverage ratio norms for banks

 The RBI has decided to undertake a comprehensive review of the liquidity coverage ratio (LCR) framework for banks to prevent…
RBI retains repo rate at 6.5 pc

RBI retains repo rate at 6.5 pc

 Not belying the expectations of senior economists, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) retained the repo…
Taiwan earthquake won’t impact global electronics supply chain: ICEA

Taiwan earthquake won’t impact global electronics supply chain: ICEA

A day after a massive earthquake rattled Taiwan, a key supplier of chips and displays to original equipment manufacturers (OEMs),…
FII allocation to small- and mid-cap stocks highest since 2005

FII allocation to small- and mid-cap stocks highest since 2005

In CY23, small-caps and mid-caps outperformed large-caps by 28 per cent and 24 per cent respectively. The popular narrative was…
Gold prices soar to new high for seventh day in a row

Gold prices soar to new high for seventh day in a row

Gold prices, on Thursday, soared to a new lifetime high of Rs 69,908 per 10 gm on India’s Multi Commodity…
Gold price surges to record high

Gold price surges to record high

Gold price in India hit a record high Rs 69, 640 per 10 grams on MCX on Wednesday tracking a…
Highest inflows by domestic funds since April 2020

Highest inflows by domestic funds since April 2020

 Domestic institutional investors (DIIs) recorded the eighth consecutive month of inflows in March 2024 at $6.8 billion, the highest since…
Adani Group becomes India’s 1st ‘das hazari’ in renewables sector with over 10,000 MW portfolio

Adani Group becomes India’s 1st ‘das hazari’ in renewables sector with over 10,000 MW portfolio

 In a first for the country, Adani Green Energy Limited (AGEL), on Wednesday, said that it has surpassed 10,000 megawatts…
Surge in GST collections across states paves way for stable growth ahead

Surge in GST collections across states paves way for stable growth ahead

The surge in GST collections which have crossed the Rs 2 lakh crore mark for 2023-24 reflects the strength of…
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