The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
The Reserve Bank on Monday said it has imposed penalties of about Rs 1 crore each on Kotak Mahindra Bank and IndusInd Bank for deficiencies in regulatory compliance. Besides, the RBI has also imposed penalties on four co-operative banks. A penalty of Rs 1.05 crore has been imposed on Kotak Mahindra Bank for contravention of certain norms related to 'The Depositor Education and Awareness Fund Scheme, 2014' and for non-compliance with the directions on 'Customer Protection - Limiting Liability of Customers in Unauthorised Electronic Banking Transactions', and 'Loans and Advances - Statutory and Other Restrictions', the banking regulator said.
US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator Sebi over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as "nonsense" and "concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India."
Mutual fund investors no longer need to link their PAN with Aadhaar to obtain 'KYC-registered' status.
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
With Stokes and Brendon McCullum at the helm, Ahmed cuts a relaxed figure.
Hazlewood expects Maxwell to face Bangladesh after Miracle of Mumbai
A fairytale moment unfolded at the Wankhede as Virat Kohli climbed to the summit, overtaking the legendary Sachin Tendulkar.
'We do not see people getting reduced, but because of automation, we will do more work.'
A one-on-one chat with the Master Blaster inspired 21-year-old opener Ibrahim Zadran to become the first player from Afghanistan to record a hundred in a World Cup match.
Many parts of India on Friday, June 10, 2022 witnessed protests by Muslims, demanding the arrest of suspended Bharatiya Janata Party spokeswoman Nupur Sharma and expelled BJP leader Naveen Kumar Jindal over their defamatory comments on Prophet Mohammed.
Newly appointed PCB chairman Mohsin Naqvi would be eyeing an assurance from BCCI secretary Jay Shah on India's participation in next year's Champions Trophy in Pakistan during next week's ICC Meeting in Dubai but is unlikely to make headway as of now.
The National Stock Exchange on Monday said broadcast has resumed normally in Nifty and Bank Nifty indices after the prices had stopped updating in the two indices in the early morning trade.
The pilot, who was the first officer on the flight, landed the aircraft at the Indore airport recently without first getting the requisite training in a simulator, they said.
India opener Shubman Gill's reign at the top of the ODI batters' list was short-lived as he was replaced by former Pakistani skipper Babar Azam in the ICC Player Rankings issued on Wednesday.
Former India batter Sanjay Manjrekar said that India batter Shubman Gill should incorporate what Ollie Pope did using his front foot to good effect.
Handling of part-timer Joe Root that intrigued many after the second day's play on Friday.
Tata Motors was the biggest loser in the Sensex pack, skidding 1.77 per cent, followed by SBI, Power Grid, Tata Steel, Infosys, UltraTech Cement, Titan, Larsen & Toubro, Reliance Industries and Maruti. On the other hand, IndusInd Bank, Bharti Airtel, Asian Paints, NTPC, HCL Technologies, HDFC and Sun Pharma were the gainers.
Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.
Shastri feels managing the workload of players, especially bowlers, will be Gambhir's biggest challenge.
Sanjay Manjrekar said that with his current state of play, ODIs are just the right format for star batter Virat Kohli and his presence for India at the big stages will be extremely valuable.
Senior India batter KL Rahul is unlikely to feature in the fifth and final Test against England in Dharamsala as he continues to feel sore in his right quadriceps.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
Australia all-rounder Glenn Maxwell has refused to get drawn into the discussion over Mitchell Johnson's explosive column on opener David Warner and instead opted to provide a shining endorsement for his fellow World Cup winner.
AB de Villiers expressed disappointment at star England batter Joe Root's low string of scores during the ongoing Test series against India.
'Airlines are aware that during peak times like Diwali, demand will be high, so prices remain steep even for tickets purchased 90 days ahead.'
urged the International Cricket Council (ICC) to sign the Champions Trophy 2025 hosting rights agreements with it, stressing that the PCB should be compensated if India refuse to travel.
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid. The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks.
Pakistan coach Mohammad Hafeez revealed that Shaheen Shah Afridi approached him with a request to take a break from the recently-concluded third and final Test against Australia.
RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee launch. After the successful launch of the wholesale pilot, the Reserve Bank of India (RBI) on December 1, last year, began its retail CBDC pilot project.
RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy. Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience slow growth or softer recession,"yet uncertainties lie ahead of us." "Together we must resolutely address the challenges that confront us, including those that are of medium to long-term nature such as threat to financial stability, debt distress, climate finance, fractures in global trade and strains on global value chains.
'As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.'
The patient was admitted to a private hospital for high blood pressure a few days ago, and shifted to isolation ward of the Buldhana general hospital for symptoms of coronavirus on Saturday morning.
Former England captain Nasser Hussain hailed "magical" Jasprit Bumrah for his remarkable spell against England and felt that India pacer ended up being the difference between both sides in Vizag Test.
Maxwell was part of Aaron Finch's groundbreaking squad in the United Arab Emirates in 2021 and scored an unbeaten 28 in the final against New Zealand.
The PM's visit would signal a strong intent towards making sure India becomes a beneficiary as vaccines become a massively traded commodity in the coming years.
Domestic markets conduct a special one-hour Muhurat trading session on Diwali every year to mark the beginning of the traditional Hindu calendar year, called 'Vikram Samvat'.
These delightful idlis are great for breakfast or nashta.
The interim budget 2024-24 on Thursday allocated Rs 1,277.80 crore for census, a significant reduction from 2021-22 when Rs 3,768 crore was allocated and an indication that the exercise may not be carried out even after three years of delay.
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