Business

Mumbai: The country's forex reserves touched a record high of USD 675 billion August 2, Reserve Bank Governor Shaktikanta Das said Thursday. The previous all-time high for the kitty was USD 670.857 billion July 19 this year, and the last reported reserve was USD 667.386...

Mumbai: The Reserve Bank Thursday proposed to create a public repository of digital lending apps in a bid to address the problems arising from mushrooming unauthorised players in the segment. In another significant move, the central bank proposed to introduce a facility of "Delegated Payments"...

Mumbai: The Reserve Bank of India Thursday decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis...

Bhubaneswar: The Odisha government Wednesday sought US investment for setting up a semiconductor plant in the state, an official statement said. Odisha Chief Minister Mohan Charan Majhi, during his meeting with US Consul General in Hyderabad, Jennifer Larson, who visited the state, called for American...

New Delhi: The Lok Sabha Wednesday passed the Finance Bill 2024 after the government relaxed the just-introduced new capital gains tax on real estate, allowing taxpayers an option to switch to a new lower tax rate or stay with the old regime that had higher...

New Delhi: Microsoft has emerged as India's most 'attractive employer brand', followed by TCS and Amazon in the second and third place respectively, according to Randstad Employer Brand Research (REBR) 2024. Microsoft scored very high on financial health, good reputation, and career progression opportunities –...

Mumbai: Benchmark stock indices Sensex and Nifty bounced back sharply Wednesday after three straight days of massive decline following a rally in global peers and value-buying at lower levels. The 30-share BSE Sensex rallied 874.94 points or 1.11 per cent to settle at 79,468.01. During...

New Delhi: The government has notified October 1 as the date for implementation of the penalty provision for manufacturers of pan masala and similar tobacco products, if they fail to register their packing machinery with GST authorities. The GST Network had earlier in May and...

Bhubaneswar: Odisha government is procuring potatoes from Uttar Pradesh, an official said Wednesday. The potato crisis in Odisha became acute due to "erratic supply of potatoes from West Bengal" an official added. Odisha's Food Supplies and Consumer Welfare Minister KC Patra said normalcy will be...

New Delhi: Amazon India head and country manager Manish Tiwary has resigned after an eight-year stint, the e-commerce giant confirmed Tuesday. Tiwary will continue with Amazon until October to help ensure a smooth transition. The top-level exit comes at a time when the US e-commerce...