India may soon get plastic notes: Why they are being introduced and what happens to paper money
The RBI has recently floated a tender to procure material for polymer banknotes, reviving a proposal that has been under consideration for n...
Showing posts with label July 28. Show all posts
Showing posts with label July 28. Show all posts
Can using E20 petrol lead to insurance claim rejection? What the government said
The Ministry of Petroleum and Natural Gas clarified E20 petrol use is not a valid reason for insurance claim rejection. Government sources h...
South Korea's KOSPI crashes around 11%: Circuit breaker triggered, market sees worst session in 5 months
Investor sentiment was also weighed down by developments in China, including the blockbuster listing of ChangXin Memory Technologies (CXMT) ...
Gold price prediction today: Will gold prices stay range-bound? Check July 28, 2026 outlook
Gold price prediction today: Gold prices are rising but are still not out of the woods, says Praveen Singh, Head Currencies and Commodities,...
RBI bets on gold! Reserve Bank of India buys half a tonne of gold in June; yellow metal fastest growing component of India's forex reserves
The Reserve Bank of India (RBI) increased its gold reserves by approximately half a tonne in late June, bringing total holdings to 879.8 ton...
Lenskart IPO in motion: Eyewear giant files draft papers with Sebi; targets Rs 2,150 crore in fresh funding
Lenskart, the eyewear retailer, is launching an IPO to raise Rs 2,150 crore, including an offer for sale from investors like SoftBank. Found...
TCS layoffs ‘biggest ever’ for Indian IT! Artificial Intelligence not to blame for ‘difficult’ decision? Top 10 things to know about mass sackings
TCS layoffs: India's IT sector is facing turbulence as TCS, the nation's largest IT firm, announces unprecedented layoffs impacting ...
Banks told to speed up IBC resolutions
The government monitored top 20 insolvency cases under Insolvency & Bankruptcy Code (IBC) due to slow action taken by banks. Following t...
Making exaggerated, bogus claims to get refunds punishable offence: I-T department
The Income Tax Department had cautioned taxpayers against making false claims on their returns, advising accurate filings for timely refunds...
UltraTech Cement to acquire majority stake in India Cements
UltraTech Cement has agreed to acquire a 32.72% stake in India Cements for Rs 3,954 crore. This move, raising UltraTech's total stake to...
RBI imposes penalties on 3 payment system operators
The Reserve Bank of India has fined Visa Worldwide, Ola Financial Services, and Manappuram Finance for failing to comply with regulatory req...
IOC net vaults to decade high of Rs 13,750cr in Q1
ndia’s largest oil refiner and fuel retailer IndianOil on Friday posted a net profit of Rs 13,750 crore in the June quarter against a loss o...
RIL promoters didn't violate takeover regulations says SAT, quashes SEBI order
The Securities Appellate Tribunal (SAT) set aside an April 2021 order passed by Securities And Exchange Board of India (SEBI) that had levie...
Indian firms will soon be allowed to directly list securities overseas: Sitharaman
The government has decided to allow domestic companies to list overseas to help them access capital from the world markets, Finance Minister...
Spectre of food inflation is going to remain: Nestle India CMD Suresh Narayanan
Food inflation will continue to “wobble” for sometime and it is a phenomenon that companies should be worried about, Suresh Narayanan, chair...
SBI Cards and Payment Services Q1 profit down 5% to Rs 593 crore
SBI Cards and Payment Services on Friday reported a 5 per cent drop in net profit to Rs 593 crore in the June quarter due to a rise in delin...
Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows
Benchmark indices Sensex and Nifty declined for a second day in a row on Friday due to selling in IT and banking shares amid foreign fund ou...
5G spectrum auction: Bids worth Rs 1.49 lakh crore received so far
he auction of 5G spectrum for ultra-high-speed internet services entered day four on Friday after garnering bids worth Rs 1,49,623 crore in ...
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