A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
As India gear up for the T20 World Cup at home, the selectors have backed a squad built on impact, and versatility.
If you are actively trading, you can't possibly overlook headlines. Early announcements, policy changes, or even a disruption in a certain industry habitually grab your attention. These headlines, when strategically assessed, can generate profitable trading ideas.
Among the Sensex constituents, Bharat Electronics Ltd, Eternal, Trent, Tata Steel, Bajaj Finance, Adani Ports, Bajaj Finserv, State Bank of India, PowerGrid, Asian Paints, Tata Motors Passenger Vehicles, Titan, NTPC, Kotak Mahindra Bank, Larsen & Toubro and Bharti Airtel were among the laggards. Tech Mahindra, HCL Technologies, Reliance Industries and HDFC Bank were the only gainers.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
The Supreme Court of India has ruled that the actions of governors and the President in granting, withholding, or reserving assent to bills are not subject to judicial review, emphasizing the separation of powers.
Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter high of 8.2 per cent in the second quarter of the current financial year.
With the IPL auction days away, some young cricketers who may launch a bidding war among the franchises.
Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.
Votes will be counted on January 16 and the outcome will be keenly watched as the BJP-led Mahayuti will seek to stamp its supremacy in urban landscape, especially in Mumbai, while the Opposition parties will try to redeem themselves after last year's rout in assembly polls.
India's forex reserves rose by $2.7 billion to $698.19 billion during the week ended July 25, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped $1.183 billion to $695.489 billion.
The Supreme Court of India has ruled that a governor has discretion under Article 200 to refer a state bill to the President or return it to the legislature, and is not bound by the advice of the council of ministers. The court clarified that a governor cannot simply withhold a bill.
Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.
'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'
Karnataka Deputy Chief Minister DK Shivakumar said that Indian Premier League (IPL) matches will not be shifted from Bengaluru's Chinnaswamy Stadium.
Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.
Congress MP Priyanka Gandhi Vadra challenged Prime Minister Narendra Modi to a Lok Sabha debate on Jawaharlal Nehru's 'mistakes' to address criticisms and focus on current issues like unemployment and inflation.
From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.
A truck accident in Arunachal Pradesh has resulted in the deaths of 18 labourers from Assam. The truck, carrying 22 workers, fell into a gorge in a remote area. Rescue operations are underway to find the missing.
Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB).
'Exiting during corrections tends to lock in losses. Patient investors have benefited from holding through similar drawdowns in past cycles.'
The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.
A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.
Among Sensex firms, Tata Steel, HCL Tech, Bajaj Finance, Bajaj Finserv, Bharat Electronics and Eternal were the major laggards. However, Maruti, Mahindra & Mahindra, Tata Motors Passenger Vehicles and ITC were among the gainers.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.
Kush Maini will get the taste of a modern Formula 1 machinery for the very first time when he takes the wheel of the current Alpine car in the Young Driver Test.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
Quite similar to the hero introduction scenes in Kollywood movies, the elaborately staged sequence combines slow-motion shots, silhouettes, and high contrast lighting to enhance the dramatic narrative.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
The Supreme Court has sought the Centre's response on a plea seeking the implementation of the 2023 Nari Shakti Vandan Act, which reserves one-third of seats for women in the Lok Sabha and state assemblies.
Kabir told reporters that "nearly 3 lakh people will gather across 25 bighas near Moradighi on Saturday", adding that religious leaders from several states had confirmed their presence.
Residents say the dogs did not allow anyone or anything to come near through the night, except the morning light itself.
Cummins has been sidelined with a lumbar stress injury since Australia swept West Indies in the Caribbean in July.
The pre-wedding festivities of Indian cricketing icon Smriti Mandhana and music director Palash Muchhal have been the talk of the town all week--a vibrant mix of tradition, music, and of course, plenty of cricket.
So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.
Among Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech and HDFC Bank were the major gainers. However, Maruti, Eternal, UltraTech Cement and State Bank of India were among the laggards.
'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'
Security forces have established a new camp in the Karregutta Hills along the Chhattisgarh-Telangana border, a former Naxal stronghold, following a major anti-Naxal operation.
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