India makes more real-time digital transactions than US, China, Europe combined, says official
Mar 15, 2023, at 12:45 am
New Delhi: India makes more real time digital transactions than US, China and Europe combined, Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, said on Tuesday.
RBL Bank distributes over 100 bicycles and school-kits to underprivileged girls in Kolkata
Mar 15, 2023, at 12:22 am
Kolkata: To mark the occasion of International Women’s Day, RBL Bank, under its CSR initiative - UMEED 1000, has donated 100 bicycles to underprivileged girl children in Kolkata.
HireMee named 'Most Promising Assessment Service Provider'
Mar 14, 2023, at 10:29 pm
Bengaluru: Talent acquisition and talent management platform, HireMee has been named the ‘Most Promising Assessment Service Provider’ by ArdorComm Media.
India's wholesale inflation dips to 3.85 pc in February
Mar 14, 2023, at 10:17 pm
New Delhi: India's wholesale inflation dipped to 3.85 percent in the month of February against 4.73 percent recorded in January, official data released on Tuesday revealed.
Adani Group completes full prepayment of margin-linked share-backed loans
Mar 14, 2023, at 05:28 am
Mumbai/IBNS: The Adani Group has completed the full prepayment of margin-linked share-backed financing aggregating $2.15 billion, well ahead of its committed timeline of March 31.
India's retail inflation drops marginally to 6.4 pct in February
Mar 14, 2023, at 12:07 am
New Delhi: India's annual retail inflation rate eased marginally to touch 6.44 per cent in February from 6.52 per cent in January, as per data released by the Indian government on Monday.
HSBC Holdings acquires Silicon Valley Bank UK Limited for INR 99
Mar 13, 2023, at 08:46 pm
New York: HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1 (INR 99).
Nokia unveils its latest budget smartphone Nokia C12, price details given
Mar 13, 2023, at 08:11 pm
Mumbai: HMD Global, the home of Nokia phones, oon Monday announces the launch of the Nokia C12 in India.
After Silicon Valley Bank another US-based bank collapses
Mar 13, 2023, at 02:55 pm
Washington: Signature Bank, New York, NY, was closed on Sunday by the New York State Department of Financial Services, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.
Mar 13, 2023, at 01:23 pm
There will be no bail out for investors of the now-collapsed Silicon Valley Bank (SVB) that recently appeared in Forbes magazine's annual ranking of the best banks in America, for the fifth year in a row, according to media reports.
Name mix-up: Fall of Silicon Valley Bank leaves customers of Mumbai-based bank in panic mode
Mar 13, 2023, at 03:14 am
Mumbai: The collapse of Silicon Valley Bank (SVB), considered one of the biggest seen in the US since 2008, has impacted a Mumbai-based cooperative bank.
Mar 12, 2023, at 10:52 pm
New Delhi: India’s Minister of Commerce and Industry Piyush Goyal and Australia’s Minister for Trade and Tourism, Senator Don Farrell on Saturday met when they discussed implementation of the Economic Cooperation and Trade Agreement (ECTA).
Aramco's net income rises 46.5 pct YoY to USD 161.1 billion
Mar 12, 2023, at 10:34 pm
Dhahran: Saudi Arabian oil major Aramco on Saturday announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — its highest annual profits as a listed company.
Elon Musk says open to SVB buyout after tech lender closes
Mar 12, 2023, at 08:43 pm
Washington: Twitter CEO Elon Musk says he is "open to the idea" of having his social media company buy the bankrupt Silicon Valley Bank (SVB).
Man booked for smoking, misbehaving on Air India's London-Mumbai flight
Mar 12, 2023, at 08:30 pm
Mumbai: A case has been registered against an unruly passenger, who was caught smoking in the lavatory on an Air India London-Mumbai flight, Mumbai Police said on Sunday, news agency ANI reported
Govt appoints Siddhartha Mohanty as interim chairman of LIC: Report
Mar 12, 2023, at 08:20 pm
Mumbai: The Centre has appointed Siddhartha Mohanty as the interim chairman of the Life Insurance Corporation of India (LIC) for a three months period, starting March 14, according to CNBC.
IDFC Mutual Fund rebrands to Bandhan Mutual Fund
Mar 11, 2023, at 08:42 pm
Mumbai: IDFC Mutual Fund is set to adopt its new brand identity as Bandhan Mutual Fund on Monday.
US: California regulator shuts Silicon Valley Bank
Mar 11, 2023, at 02:15 pm
Washington: Silicon Valley Bank, Santa Clara, California, was closed on Friday by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver, marking the largest failure of a U.S. financial institution in recent years.
Rajeev Chandrasekhar holds consultations with stakeholders on the proposed Digital India Bill
Mar 11, 2023, at 07:58 am
New Delhi: Union Minister of State for Electronics & IT(MeitY) Rajeev Chandrasekhar held consultations with stakeholders on the soon-to-be introduced Digital India Bill.
NPS subscribers grow 22.88% y-o-y to 624.81 lakh
Mar 11, 2023, at 07:32 am
New Delhi/IBNS: The National Pension System (NPS) has witnessed a significant surge in its subscriber base over the past year, with the number of subscribers under various schemes rising to 624.81 lakh as of March 4, 2023, the Ministry of Finance said on Friday.
Mar 11, 2023, at 05:34 am
New Delhi/IBNS: India-US bilateral goods and services trade has almost doubled since 2014, exceeding US $191 billion in 2022, with the United States becoming India’s largest trading partner in 2022, signalling accelerated growth of bilateral trade between both countries, said a Joint Statement issued after the conclusion of the India-US Commercial Dialogue 2023 on Friday.
India, US sign MoU on semiconductor supply chain and innovation partnership
Mar 11, 2023, at 04:03 am
New Delhi/IBNS: India and US on Friday inked a Memorandum of Understanding (MoU) for establishing a semiconductor supply chain and innovation partnership, an official statement said.
Mar 11, 2023, at 02:38 am
Mumbai: India's foreign exchange reserves increased for the first time in five weeks and reached $562.40 billion as of the week ended March 3, according to the Reserve Bank of India's (RBI) statistical supplement released on Friday.
PM Modi, Sheikh Hasina to launch cross-border fuel pipeline on March 18: Report
Mar 11, 2023, at 02:14 am
New Delhi: Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina will launch the first-ever India-Bangladesh cross-border oil pipeline on March 18 through video conferencing, Bangladesh's Foreign Minister A K Momen said on Friday, media reported.
Global Surfaces IPO to launch next week, sets price band at Rs. 133-140 per share
Mar 11, 2023, at 01:16 am
Kolkata: Global Surfaces Limited, a Jaipur-based suppliers of surface solutions, announced its price band for Rs 133-140 per share for its forthcoming initial public offering through book-building process.
Axis Mutual Fund launches ‘Axis S&P BSE Sensex ETF’
Mar 10, 2023, at 11:26 pm
New Delhi: Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – Axis S&P BSE Sensex ETF (An Open Ended Exchange Traded Fund Tracking S&P BSE Sensex TRI).
Honda Motorcycle & Scooter India launches 2023 H’ness CB350 & CB350RS
Mar 10, 2023, at 11:18 pm
Mumbai: Creating a stir in the mid-size segment, Honda Motorcycle and Scooter India today launched the OBD2B compliant 2023 H’ness CB350 & CB350RS.
Volkswagen India inaugurates a new sales, service touchpoint in Kota, Rajasthan
Mar 10, 2023, at 09:32 pm
Kota: Volkswagen Passenger Cars India strengthens its presence in Rajasthan with the inauguration of a new touchpoint in Kota.
Bitcoin trading below usd 20,000 after 8 pc drop
Mar 10, 2023, at 08:36 pm
Moscow: The price of Bitcoin, the largest cryptocurrency, dropped 8.07% and was trading at $19,970 on the Binance cryptocurrency exchange, trading data showed on Friday.
Jammu and Kashmir: UT witnessing beekeeping promotion project
Mar 10, 2023, at 07:51 pm
Srinagar: The Jammu and Kashmir government is trying to increase bee colonies through cluster formation, encouraging bee-preneurship and bee-startups besides developing infrastructure for post harvest management, value addition and marketing, media reports said.