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Economy
RBI says further cut in state VAT on fuels can soften inflationary pressure, expectations
New Delhi: A further reduction of state value added taxes on petrol and diesel across the country would certainly contribute to softening of the inflationary pressures as well as the inflationary expectations, said the Reserve Bank of!-->…
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RBI doubles housing loan limits for co-operative banks
New Delhi: Taking into account the increase in prices since the housing loan limits were last revised and considering the customer needs, central bank Reserve Bank of India decided to increase the existing limits on individual housing!-->…
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Myntra EORS 16 set to serve 50 lakh shoppers between June 11-16
Bengaluru: Myntra has announced that its 16th edition of biannual EORS, India's grandest fashion event, is arriving for millions of fashion aficionados in the country and the company is gearing to serve over 50 lakh shoppers.
The event,!-->…
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RBI raises repo rate by 50 bps, sees inflation over tolerance level till Q3FY23
New Delhi: The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to remain above the upper tolerance level for three quarters!-->…
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Religare’s Ex-Chairman Sunil Godhwani arrested for fraud
New Delhi: Religare Enterprises Ltd's former Chairman and Managing Director Sunil Godhwani was arrested by the Delhi Police's Economic Offence Wing on Tuesday in a Rs 800 crore fraud case, a police official said.
Godhwani was already!-->…
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Scindia launches air sports policy, terms it as economic multiplier
New Delhi: Civil Aviation Minister Jyotiraditya Scindia on Tuesday launched the National Air Sports Policy 2022 with an aim to tap the country's potential in the field of air sports.
The minister said that the policy can be an economic!-->…
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Indices extends losses, settle low, MPC outcome in focus
New Delhi: Domestic equity benchmark indices kept their opening session losses intact throughout the session and settled lower on Tuesday, as the overall sentiments still remain cautious amongst investors as they are worried about!-->…
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Kiran Majumdar-Shaw slams poor condition of roads in Bengaluru
Bengaluru: The debate on poor infrastructure, especially the dismal condition of roads in Bengaluru city, which is known as the Silicon Valley of India, has come to the fore yet again.
The debate has been triggered in Karnataka following!-->…
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Edtech startup PhysicsWallah raises $100 mn, becomes new unicorn
New Delhi: Edtech startup PhysicsWallah has raised $100 million in Series A funding from Westbridge and GSV Ventures, becoming India's 101st unicorn and the first edtech player to achieve this milestone, the company announced on Tuesday.!-->…
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