Economy

New Delhi:  This is a highly anticipated account of some of the critical periods in the history of Indias financial sector by one of the countrys most talented and established banking professionals in the country, Rajnish Kumar, former…
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Bengaluru:  E-commerce platforms, including social commerce and grocery players, have clocked $2.7 billion (more than Rs 20,000 crore) in the first four days of the festive week sale that started on October 3, new data showed on Saturday.…
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San Francisco:  Chipmaker AMD has published information about a pair of bugs that can reduce performance for Ryzen processors running Windows 11 by as much as 15 per cent. Bug can increase L3 cache latency by three times, which in turn…
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New Delhi: Tata Sons' subsidiary Talace which emerged as the highest bidder for national carrier Air India will among other assets such as human resources get more 140 aircraft as well as 8 logos. Accordingly, Talace quoted an enterprise…
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New Delhi:  Twitter saw a 153 per cent (2.5x) increase in conversations about mental well-being during the second wave of Covid-19, the microblogging site said in a statement on Friday. The platform has, since the beginning of the…
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New Delhi: With festive sales set to bring record revenues for the commerce platforms, smartphones worth $16.9 billion are expected to be sold during the October-December festive quarter, new data showed on Friday. With over 49.9 million…
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Mumbai:  In view of the uncertainties related to the ongoing pandemic, the RBI has decided to continue with the enhanced Ways and Means Advances (WMA) limits up to March 31, 2022. As recommended by the Advisory Committee chaired by…
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Mumbai:  In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service (IMPS) of banks to Rs 5 lakh. RBI Governor Shaktikanta Das said that the limit…
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Mumbai:  RBI has extended dates for the classification of bank credit to focused NBFCs as priority sector lending till March 31, 2022. The provision ended on September 30 and a need was felt for extending the facility with a view to…
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Mumbai:  The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22. Besides, the growth-oriented accommodative stance was retained to give a push to economic activity.…
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