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RBI's seeks daily data from banks under its limited period measures to attract foreign capital

New Delhi, June 19 -- The Reserve Bank of India has asked banks to submit daily data on foreign currency non-resident (bank)/ FCNR (B) deposits, external commercial borrowings (ECBs) and overseas fore... Read More


RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

New Delhi, June 19 -- The Reserve Bank of India has now exempted banks from maintaining statutory reserve ratios on fresh Non-Resident (External) Rupee (NRE) term deposits of three years or more tenor... Read More


AI-led governance to ease way of life for citizens: Bansal

New Delhi, June 19 -- After demonstrating its ability to build modern digital public infrastructure, the next phase of public sector transformation lies in building artificial intelligence infrastruct... Read More


Inflation risks, slowing growth: MPC members prefer 'wait and watch' approach over immediate policy action

New Delhi, June 19 -- All six members of the rate-setting Monetary Policy Committee (MPC) preferred a cautious "wait and watch" approach over immediate policy action amid rising inflation risks, slowi... Read More


HUID helps customer recover lost jewellery

New Delhi, June 19 -- When the Bureau of Indian Standard first introduced a hallmark unique identification number for all gold jewellery, it was meant for identifying the jeweller and ensuring the qua... Read More


Brokerages turn bullish on Vedanta Aluminium, see up to 30% upside

New Delhi, June 19 -- Leading global and domestic brokerages have initiated coverage on Vedanta Aluminium, underscoring confidence in the company's market leadership, growth trajectory, improving cost... Read More


India looks less like a warning and more like an opportunity; it is time for a second look: Barclays

New Delhi, June 18 -- As geopolitical and cyclical headwinds start to fade, India, the world's fastest-growing major economy, looks less like a warning and more like an opportunity and it is time for ... Read More


Turtlemint Fintech Solutions raises Rs.397 crore from anchor investors

New Delhi, June 18 -- Turtlemint Fintech Solutions has allotted 2,61,31,680 equity shares to 32 anchor investors and raised Rs.397 crore at the upper end of the price band of Rs.152 per equity share. ... Read More


RBL Bank's board reconstituted following Emirates NBD Bank taking majority stake

New Delhi, June 18 -- Emirates NBD Bank's primary capital infusion of Rs.26,016 crore into RBL Bank will find its natural profitable growth, according to R Subramaniakumar, MD & CEO, RBL Bank. Th... Read More


Zee 5 to set aside 15% of football-related subscription revenues for Indian football

New Delhi, June 18 -- Zee Entertainment Enterprises will dedicate 15 per cent of its football-related OTT subscription revenues towards building football in India following its partnership with FIFA. ... Read More