Mumbai: The RBI Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024. The Reserve Bank's action against Paytm Payments Bank Ltd (PPBL) follows a comprehensive system audit report...
Mumbai: Benchmark equity indices climbed nearly 1 per cent Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from....
New Delhi: E-commerce major Flipkart Wednesday announced that it is gearing to roll out same day delivery of products across multiple categories in metro and non-metros cities. The move will see customers across cities, including Ahmedabad, Bangalore, Bhubaneshwar, Coimbatore, Chennai, Delhi, Guwahati, Hyderabad, Indore, Jaipur,...
San Francisco: Canada-based storytelling platform Wattpad has slashed nearly 15 per cent of its workforce in another round of layoffs conducted earlier this month. The company has laid off around 30 employees, TechCrunch reported, citing sources. The move is part of the company's restructuring plan...
New Delhi: Sun Pharmaceutical Industries Ltd Wednesday reported a 16.52 per cent rise in its consolidated net profit to Rs 2,523.8 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 2,166 crore in the year-ago...
New Delhi: Maruti Suzuki India Wednesday reported 33.27 per cent rise in consolidated net profit at Rs 3,206.8 crore for the third quarter ended December 31, 2023. The company had posted a net profit of Rs 2,406.1 crore in the year-ago period, Maruti Suzuki India...
New Delhi: India should not cut import duties for the automobile sector under free trade agreements (FTAs) with countries like the UK as it will adversely impact the sector and may result in closure of companies here, economic think tank GTRI said in a report...
New Delhi: President Droupadi Murmu Wednesday said the centuries-old desire to build a Ram temple in Ayodhya has now become reality as she listed the achievements of the Modi government over the past 10 years. In her 75-minute address to the members of both Houses...
New Delhi: The government has appointed former expenditure secretary Ajay Narayan Jha and SBI Group Chief Economic Advisor Soumya Kanti Ghosh, and two other members of the newly-constituted 16th Finance Commission. The commission, chaired by former vice chairman of Niti Aayog Arvind Panagariya, will have...
New Delhi: In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from 15 per cent. The finance ministry said in a notification that the import...
A recent video of IAS officer Tina Dabi bowing repeatedly to BJP leader Satish Poonia has gone viral, sparking a...
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It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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