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Nuvama Wealth Management gets final approval to enter MF business, plans to start with specialised fund

New Delhi, June 10 -- Nuvama Wealth Management has received final approval from the Securities and Exchange Board of India to commence mutual fund operations through its asset management arm Nuvama As... और पढ़ें


RBI may ask banks to adopt risk-based internal audit approach

New Delhi, June 10 -- and reporting systems, and the institution's adherence to internal and regulatory requirements. RBIA should also focus on fraud-prone areas, emerging vulnerabilities, and the ef... और पढ़ें


Reliance Industries and Meta join hands to develop AI-enabled data centre in Gujarat

New Delhi, June 10 -- Reliance Industries Ltd (RIL) and Meta Platforms, Inc. (Meta) have partnered to set up a data centre in Jamnagar, Gujarat with 168 MW capacity to be delivered within two years an... और पढ़ें


Banks can lend only to SEBI-registered and listed REITs, InvITs: RBI guidelines

New Delhi, June 10 -- Banks can lend to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) only if they are registered with and regulated by SEBI and are listed, accor... और पढ़ें


Banks kick-off rate hikes on FCNR (B) deposits

New Delhi, June 10 -- SBI economists expect around $40-45 billion to come in through the FCNR (B) deposits route. Banks have kicked off rate hikes on FCNR (B) US dollar deposits in the three-five y... और पढ़ें


Bombay HC raises questions over SEBI's ODR mechanism in complex securities disputes

New Delhi, June 10 -- The Bombay High Court has raised questions over the use of SEBI's Online Dispute Resolution (ODR) mechanism for complex disputes involving allegations of fraud, while setting asi... और पढ़ें


Pharma exports to clock $50 billion by 2030: Ministry official

New Delhi, June 10 -- The Indian pharmaceutical industry has grown from about $20 billion in 2014 to nearly $60 billion in 2026, and is expected to touch $130 billion by 2030, with exports alone looki... और पढ़ें


Karur Vysya Bank hikes FCNR (B) US Dollar interest rate by 437 bps for maturities of 3-5 years

New Delhi, June 10 -- Karur Vysya Bank has increased its FCNR(B) US Dollar (USD) deposit rates for maturities of 3 years to 5 years to 7 per cent per annum from the earlier rate of 2.63% per annum wit... और पढ़ें


'$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs

New Delhi, June 9 -- The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai About $55-65 billion is expected to flow into the country due to the RBI move to bear the ful... और पढ़ें


Jet fuel prices hiked by 10 per cent

New Delhi, June 9 -- Mumbai: State oil marketing companies have revised aviation turbine fuel pricesforscheduled domestic operationsby 10 per centto around Rs.115perlitrein Delhi. The move signals li... और पढ़ें