MobiKwik cut IPO size due to higher FY24 revenue: Co-founder

Net short position up at $77.5 bn

The Reserve Bank of India's outstanding net short position in the forward book rose further to $77.5 billion by the end of January, against $67.9 billion at the end of December, according to the central bank's monthly bulletin.

Trade war may fuel inflation: RBI bulletin

Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the \"State of the Economy\" in the Reserve Bank of India (RBI) monthly bulletin said.

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Jubilant, Maruti Take Lead in PM Internship Scheme

Jubilant Foodworks Limited, Maruti Suzuki, ONGC, Reliance Industries, and Eicher Motors have emerged as the top five companies to provide internship opportunities under the Prime Minister Internship Scheme (PMIS), according to the Standing Committee report on demands for grants by the Ministry of Corporate Affairs (MCA) tabled on Wednesday.

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UCBs must be mindful of responsibilities: RBI guv

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday asked the Urban Cooperative Banks (UCBs) to be mindful of their responsibilities, especially in view of the trust reposed on them by depositors.

Impressive How Innovation In India Is Driving Progress: Gates

Microsoft co-founder Bill Gates on Wednesday praised India's innovation, stating that it is driving progress both locally and globally.

Concerns flagged, steps suggested over slowing IBC outcomes

Conflicts of interest, lack of transparency and delays in the resolution process continue to undermine the effectiveness of the Insolvency and Bankruptcy Code (IBC), the Parliamentary Panel on Finance said in a report tabled on Wednesday.

Building, operating data centres is complex

For Japanese technology behemoth NTT, India is fast emerging as a strategic market, with the group aiming to see the region among its top five over the next three years. NTT Data, which has had a presence in India for more than 20 years and currently has a headcount of 40,000, is among the top 10 revenue-generating markets. ABHIJIT DUBEY, chief executive officer of NTT Data, in an interview with Shivani Shinde in Mumbai, talks about the impact of the recent merger, the Indian market, and artificial intelligence (AI)-powered data centres. Edited excerpts:

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