Business

Reliance Industries

Reliance Q2 net profit falls 5% on weak O2C business

New Delhi: Reliance Industries Ltd, India's most valuable company, Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. Its consolidated net profit fell to Rs 16,563 crore or Rs 24.48 per...

Shaktikanta Das

RBI Governor pitches for reducing cost, time of remittances

New Delhi: Reserve Bank Governor Shaktikanta Das Monday made a case for reducing time and cost of overseas remittances, which are important for developing economies. The new technology and payments system can be used for expediting and expanding cross-border payments, he noted. "Remittances are the...

 

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