Economy

Mumbai: The domestic benchmark indices opened flat on Wednesday amid mixed global cues, as buying was seen in the PSU bank and metal sectors in the early trade. At around 9.30 am, Sensex was trading 17.21 points or 0.02 per cent up at…
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Mumbai: In an effort to curb rising digital frauds, the National Payments Corporation of India (NPCI) is reportedly in early discussions with banks to eliminate ‘pull transactions’ on the Unified Payments Interface (UPI). Most frauds are…
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New Delhi:  LG Electronics India Limited on Tuesday announced that it has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) which is expected to be around Rs 15,000 crore.…
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New Delhi:  The Employees’ Provident Fund Organisation (EPFO) achieved a historic high of 2.16 crore auto claim settlements during the current financial year (up to March 6), up from 89.52 lakh in FY2023-24, the Parliament was informed on…
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Mumbai:  The Indian stock market closed with strong gains on Monday, driven by buying in financial, pharma and select metal stocks. Both the Sensex and Nifty saw a positive finish despite a mixed start to the day. The Sensex opened on a…
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New Delhi: Intel Corp.'s newly appointed CEO, Lip-Bu Tan, will receive a compensation package valued at approximately $69 million as he steps into his role on March 18. His pay includes a base salary of $1 million, a 200 per cent…
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Mumbai: Silver Exchange-Traded Funds (ETFs) have gained massive investor interest over the past three years, with their assets under management (AUM) crossing Rs 13,500 crore as of January 2025, according to a report on Saturday.…
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Mumbai: The Reserve Bank of India (RBI) assured IndusInd Bank depositors of its financial stability following recent speculation about its financial health. The central bank confirmed that the bank remains well-capitalised and there is…
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Mumbai: The Reserve Bank of India has won the Digital Transformation Award 2025, instituted by Central Banking, London. The RBI has been selected for the award for rolling out digital initiatives, including Pravaah and Sarthi systems,…
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Seoul: Samsung SDI Co., South Korea's second-biggest battery maker, said it will raise 2 trillion won ($1.37 billion) through a stock sale as part of its broader growth strategy. Its board of directors approved the capital increase aimed…
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