Mumbai, April 11 (IANS) The Reserve Bank of India (RBI) on Friday announced that it will conduct an Open Market Operation (OMO) purchase of government bonds worth Rs 40,000 crore on April 17.The move aims to ma
New Delhi, April 11 (IANS) India is fast becoming a central hub for global technology development, leading experts said here on Friday.Speaking to IANS on the sidelines of the 'Global Technology Summit' here, t
New Delhi, April 11 (IANS): Smartphones have now become India’s single largest export commodity, crossing an all-time high of Rs 2,00,000 crore in FY25 which is a staggering 55 per cent annual growth, the Ind
New Delhi, April 11 (IANS): Tech giant Google has reportedly sacked hundreds of employees from its platforms and devices division -- the team responsible for Android software, Pixel phones, and the Chrome brows
New Delhi, April 11 (IANS): Global brokerage Jefferies has issued an 'overweight' call on India, saying that the country is set to outperform other emerging markets (EMs) amid rising global uncertainties.In its
New Delhi, April 11 (IANS) There are several opportunities for investment and business collaboration between Austria and India, especially in sectors such as e-mobility, semiconductors and fintech, Union Financ
Mumbai, April 10 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Thursday reported a 1.68 per cent fall in its consolidated net profit at Rs 12,293 crore for the March quarter
Mumbai, April 10 (IANS): The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India’s (RBI) policy rate cut to its customers.The public sector lender sai
New Delhi, April 10 (IANS): The overall airport passenger traffic in India is projected to witness healthy annual growth of around 7-9 per cent in FY26, to reach a new high of 440-450 million, a report showed o
Mumbai, April 10 (IANS): Jaguar Land Rover (JLR) India on Thursday reported its highest-ever retail sales in a financial year with 6,183 units sold in FY25 -- a strong 40 per cent growth compared to FY24.The au
New Delhi, April 10 (IANS) Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations
New Delhi, April 9 (IANS): Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their le
New Delhi, April 9 (IANS): Leading banks on Wednesday said that the RBI rate cut, coupled with the revision in stance to accommodative, is a swift and timely move and a forward guidance to the market to stay su
New Delhi, April 9 (IANS): Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced a major proposal to liberalise the RBI’s co-lending guidelines for banks and NBFCs to expand their ambit
New Delhi, April 9 (IANS): In order to further boost digital payments, the National Payments Corporation of India will be enabled to set the limit on person-to-merchants transactions via Unified Payments Interf
New Delhi, April 9 (IANS) India offers a compelling growth opportunity for foreign banks and the government is actively encouraging foreign investment in the banking sector, Union Finance Minister Nirmala Sitha
New Delhi, April 8 (IANS) Minister for Finance and Corporate Affairs Nirmala Sitharaman met UK insurance giant Prudential PLC's chair Shriti Vadera in London on Tuesday and discussed investments in India, the F
New Delhi, April 8 (IANS): The Finance Ministry's Department of Financial Services has notified the amalgamation of 26 Regional Rural Banks (RRBs) on the principles of 'One State One RRB' as part of the fourth
New Delhi, April 8 (IANS): India's smartphone exports touched a new milestone in the financial year 2024-25 (FY25), as it crossed Rs 2 lakh crore for the first time, Union Minister for Electronics and IT, Ashwi
Mumbai, April 8 (IANS): Tata Motors on Tuesday reported a 3 per cent decline in its global wholesales for the March quarter (Q4 FY25), even as its luxury car unit Jaguar Land Rover (JLR) registered a slight inc