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Domestic stocks open with gains, tracking strong US and European markets
Updated : 3 years, 6 months ago IST
S&P BSE Sensex went up 317.49 points to 60,883.91 while NSE's broad-based Nifty 50 surged 106.50 points to 18,121.50 on Tuesday morning. Some of the most active stocks were Dalmia Sugars, Indian Overseas Bank, Union Bank of India, Suzlon Energy on BSE while Morepen, J and K Bank, Ajan
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Private cryptocurrencies have no underlying, it is speculative activity wh
Updated : 3 years, 6 months ago IST
The government believes any legislation for regulation or for banning can be effective only with significant international collaboration on evaluating the risks and benefits and evolution of common taxonomy and standards.
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Domestic markets gain, snap losing run in morning trade
Updated : 3 years, 6 months ago IST
The 30-share BSE Sensex went up 90.89 points to 59,942.35 while NSE Nifty rose 68 points to 17,875.25. Some of the gainers which were most active on BSE were Union Bank of India, JP Associates, HCC and SJVN while some of the laggards on the index were Reliance Infra, Sindhu Traders, Ajanta P
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India's forex reserves dip after rising for five straight weeks
Updated : 3 years, 6 months ago IST
Breaking the trend of the fifth consecutive week of rising foreign exchange reserves, they fell by USD 571 million to USD 563.499 billion in the week that ended on December 16, Reserve Bank of India's Bulletin Weekly Statistical Supplement data showed on Friday.
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SC verdict on January 2 on pleas against Centre's demonetisation decision
Updated : 3 years, 6 months ago IST
The Supreme Court will pronounce on January 2 its verdict on a batch of petitions challenging the decision taken by the Union government in 2016 to demonetise the currency notes of Rs 500 and Rs 1,000 denominations.
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Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 6 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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Worldline ePayments India gets RBI's in-principle nod to act as payment ag
Updated : 3 years, 6 months ago IST
Digital payments services platform Worldline ePayments India on Wednesday said it has received in-principle approval from the Reserve Bank of India to act as a payment aggregator (PA).
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Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 6 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
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Inflation in India down but 'certainly not out': RBI monthly bulletin
Updated : 3 years, 6 months ago IST
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".
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India's forex reserves up for 5th consecutive week
Updated : 3 years, 6 months ago IST
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
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Efforts taken to ensure people not cheated by "dubious" Chinese loan apps:
Updated : 3 years, 6 months ago IST
Union finance minister Nirmala Sitharaman on Friday, while participating in the Zero Hour session in the Rajya Sabha, said the Reserve Bank of India and various central government ministries are making efforts to ensure people are not cheated by "dubious" Chinese loan apps.
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Razorpay abides by RBI advisory to pause onboarding online merchants; comp
Updated : 3 years, 6 months ago IST
The Reserve Bank of India has suggested that fintech solutions firm Razorpay temporarily pause onboarding fresh merchants and the central bank has asked it to share additional details for the finalization of the payment aggregator and payment gateway licensing.
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