Restoring inflation-growth balance most important task ahead of RBI: Guv Das
Outgoing Reserve Bank Governor Shaktikanta Das said on Tuesday that restoring inflation-growth balance is the most important task ahead of the central bank. Addressing a press conference on his last day as the central bank chief, Das said his successor will have to navigate the changing world order, effectively deal with...
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Air India to purchase 100 more Airbus aircraft
10 December 2024 | PTI -
Development in every sector with mantra of ‘Reform, Perform and Transform’ is visible : PM Modi
10 December 2024 | PTI -
Paytm shares hit 52-week high; up over 3 pc
09 December 2024 | PTI -
CII urges govt to stick to fiscal deficit target
09 December 2024 | PTI -
Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power CEO
09 December 2024 | PTI -
Cars set to get expensive from January as OEMs announce price hikes
09 December 2024 | PTI -
Mcap of six of top 10 most valued firms jump Rs 2 lakh Crore
09 December 2024 | PTI
Markets to track inflation data, global trends, FII trading this week: Analysts
Investors’ sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms...
FPIs return to Indian equities with Rs 24,454 Crore inflow in December first week
After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts. This revival follows significant outflows in...
FDI inflows in India cross $1 Trillion
Foreign direct investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country’s reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of...
Insolvency process: RBI Deputy Guv pitches for enforceable code of conduct for CoC
Reserve Bank Deputy Governor M Rajeshwar Rao on Saturday pitched for an enforceable code of conduct for the Committee of Creditors (CoC) under the insolvency resolution process. While emphasising that the Insolvency and Bankruptcy Code (IBC), which was introduced in 2016, has gained significant traction as a recovery and resolution mechanism,...
Tadiran Telecom to invest USD 10 mn annually to manufacture IP phones in India
Israel-based unified communications company Tadiran Telecom plans to invest at least USD 10 million (about Rs 80 crore) annually to manufacture IP telephones in India, a top company official has said. IP telephones support multiple communication functions, including conference calls through apps, and are generally used in business organisations. The company has...
India’s forex reserves jump USD 1.51 bln to USD 658.091 bln
India’s forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday. The overall reserves had dropped by USD 1.31 billion to USD 656.582 billion in the previous reporting week. The kitty has witnessed a declining trend in the recent...
Sebi revamps investor charter to boost transparency, grievance redressal
Capital markets regulator Sebi on Friday unveiled an updated investor charter aimed to enhance investor protection, market transparency, and trust and confidence among investors. The updated charter has emphasised on ensuring confidentiality of investor information and providing the right to exit at fair and reasonable terms from the securities market related...