by PTI News | Mar 14, 2022 | 8:09 pm | News
New Delhi, Mar 14 (PTI) Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ensure that consumers get relief from high fuel rates. Replying during the Question Hour in the Rajya Sabha, the Minister of Petroleum and Natural Gas [...]
by PTI News | Mar 14, 2022 | 8:06 pm | News
New Delhi, Mar 14 (PTI) The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertiliser subsidy, in the third batch of supplementary demands for the current fiscal year. According to the third batch of supplementary demands for grants tabled in the [...]
by PTI News | Mar 14, 2022 | 7:47 pm | Commodities, News
Mumbai, Mar 14 (PTI) Crisis-ridden fintech player BharatPe has entered the gold loan segment for its merchant partners, marking its entry into the secured credit category for a firm that hawks a slew of unsecured small ticket credit products. The Gurugram-based company has been mired in a lot of scandals, which led to one of [...]
by PTI News | Mar 14, 2022 | 7:43 pm | Foreign Exchange and Rupee Price, News
Kolkata, Mar 14 (PTI) The ongoing conflict between Ukraine and Russia is unlikely to have any major impact on the Indian rupee and the forex volatility in the country (USD/INR) has been much less now as compared to the global financial crisis which took place in 2008, SBI said in its Ecowrap research report. The [...]
by PTI News | Mar 14, 2022 | 7:40 pm | News, News Alert
Reliance Industries acquires assets of cobalt-free lithium battery technology company Lithium Werks for USD 61 mn: Statement. PTI ANZ ANZ ABM ABM
by PTI News | Mar 14, 2022 | 7:38 pm | News
Mumbai, Mar 14 (PTI) The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should not be usurious for the borrowers. A microfinance loan is defined as a collateral-free loan given to a household having an annual income of up to Rs 3 [...]
by PTI News | Mar 14, 2022 | 7:33 pm | News
Coimbatore, Mar 14 (PTI) As part of its expansion plans, Bahwan CyberTek (BCT) Group, a global provider of digital transformation solutions, opened a product engineering and software delivery center in the city on Monday. The centre will accommodate 70 employees and will have a training facility to promote up-skilling in digital technologies. It will play [...]
by PTI News | Mar 14, 2022 | 7:31 pm | Company Results, News
Mumbai, Mar 14 (PTI) Microfinance industry's gross loan portfolio (GLP) grew 1.86 per cent year-on-year to Rs 2,32,126 crore in the quarter ended December 2021 as against Rs 2,27,893 crore in the same period of the previous fiscal, according to a report by Sa-Dhan. Sa-Dhan is an RBI-recognised self-regulatory organisation for microfinance institutions (MFIs). Total [...]
by PTI News | Mar 14, 2022 | 7:30 pm | Commodities, Economy, Foreign Exchange and Rupee Price, News
Washington/Moscow, Mar 14 (PTI) Russia may face a "deep recession," IMF chief Kristalina Georgieva has said, as she warned that the impact of the "unprecedented" Western sanctions on Moscow for its military aggression against Ukraine will be "quite severe" for the Russian economy.IMF's Managing Director Georgieva also said that a Russian sovereign default is no [...]
by PTI News | Mar 14, 2022 | 7:20 pm | News
New Delhi, Mar 14 (PTI) Eyeing growth in average revenue per user, debt-ridden telecom operator Vodafone Idea Ltd (VIL) on Monday made a foray in the online gaming segment in partnership with Nazara Technologies. VIL sees gaming as a highly monetizable segment with a significant growth potential. "Gaming is perfectly aligned with our strategic focus [...]
