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Jana SFB launches FD for short-term liquidity needs

Jana Small Finance Bank on Thursday announced a new deposit scheme offering 6.75 per cent for tenures ranging from seven to 180 days.

RBI to infuse ₹25K cr via VRR auction today

Banking system liquidity fell into deficit mode on Tuesday after more than two months on the back of GST outflows and advanced tax payments, market participants said.

Banks key to Viksit Bharat 2047 vision: FM

The banking sector in India will have to play a crucial role in driving the agenda for making India a developed country by 2047, Union Finance.

Revenue-sharing model focus of new EV charging infra rules

September To boost adoption of electric vehicles (EVs) and expand the charging infrastructure across India, the government has released revised guidelines for installation and operation of EV charging stations through a new revenuesharing model between government and private players.

Re-releases score a hit at Box Office

From Tumbbad to Laila Majnu, cinemas bet on re-releases to lure audiences

Nykaa scales its same-day, next-day deliveries to 110 cities

Beauty and fashion platform Nykaa has ramped up its same and next-day deliveries to 110 cities, aiming to get closer to the consumer by growing its warehouse network.

TCS India's most valuable brand for 3rd straight year

Tata Consultancy Services (TCS), with a valuation of $49.7 billion, retained its position as India's most valuable brand for the third straight year, according to the 2024 Kantar BrandZ Most Valuable Indian Brands report.

Private hospitals in Punjab refuse cashless treatment under PMJAY over pending dues

An association representing private hospitals in Punjab has announced suspension of all cashless treatment being provided under the government's health insurance scheme citing the state's pending dues of ₹600 crores.

Indices hit new highs on volatile day

BROADER MKTS END LOWER ON PROFIT BOOKING Mumbai, 19 September enchmark indices Sensex and Nifty posted tepid gains on Thursday, even as the US Federal Reserve's move to cut rates by an aggressive 50 basis points propped up equity markets worldwide.

NTPC's prospects appear robust, barring seasonal impact in August

THE COMPASS Power generation decelerated 4.7 per cent year-on-year (Y-o-Y) to 155 billion units (BU) in August 2024.

'Tactically cautious about Indian market'

The US Federal Reserve (US Fed) surprised the global financial markets with a higher-than-expected rate cut of 50 basis points (bps) on Wednesday. CHRISTOPHER WOOD, global head of equity strategy at Jefferies, spoke with Puneet Wadhwa in New Delhi to share his interpretation of the Fed's move, its implications for global markets, and his stand on Indian equities. Edited excerpts:

S&P 500 hits all-time high

US stock indices sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the Federal Reserve started a long-awaited interest rate cutting cycle with a chunky half-point move.

Fed rate cut may spur tweaks in portfolios

US not near recession but showing slowdown signs: Analysts

Will restore J&K statehood, Article 370 now history: PM

Asking people to cast their votes wisely in the ongoing Assembly polls that are \"linked to the future of Jammu and Kashmir\", Prime Minister Narendra Modi on Thursday said the voters should ensure the sunset of the politics practised by the Congress, NC and PDP, which have \"inflicted wounds\" in the region for years together.

₹2.1K a month for women, govt job for Agniveers

Eyeing a third consecutive term in Haryana, the BJP on Thursday released its manifesto for the assembly polls, promising a 2,100 monthly assistance for women, two lakh government jobs, scooter for college-going female students in rural areas and a guaranteed government job for 'Agniveers'.

Govt drops pvt participation in grain buying for PM-AASHAA

Agriculture minister to meet farmers' groups every Tuesday

IT stocks suffer biggest one-day fall in six weeks

Accenture promotion delay, past Fed rate cuts cited

Cabinet clears 'One Nation, One Poll' and host of proposals in farm to space

Soon after completing 100 days in office, the National Democratic Alliance (NDA) government has taken a series of decisions that would have political and economic implications for the country.

Tata Power to scale up internal RE component supply chain

Plans to manufacture key parts rather than buying them

IT staffers' FY25 salary hikes may be 5.5-8%

Experts say top performers may continue to see increases ranging from 12-18%

RInfra pares debt by 87% to ₹475 cr

Anil Ambani group firm Reliance Infrastructure (RInfra) and its subsidiary Reliance Power (RPower) have cleared a major part of their debt, with RInfra reducing its standalone external borrowing by almost 87.6 per cent to ₹475 crore, down from ₹3,831 crore as on June, according to stock exchange notices.

'No plans to phase out Kwid until rules allow'

Renault India, which saw a 33 per cent decline in sales in 2023, is facing a challenging 2024. The company's Managing Director and Chief Executive Officer VENKATRAM MAMILLAPALLE, discusses the firm's revival plans, launch strategy, and the future of the Kwid in an interaction with Shine Jacob in Chennai. Edited excerpts:

25-year-old company veteran Samir Kumar has cart full as he takes reins at Amazon India

Amazon has announced that Samir Kumar, a 25-year veteran of the company, will assume the role of head of its India consumer business effective October 1, 2024.

ZEEL refutes $940 mn Disney Star claim over ICC TV rights deal

Star India on Monday filed a statement of case seeking $940 million damages from Zee Entertainment Enterprises (ZEEL) over the terminated ICC TV rights deal, the latter said in a stock exchange filing.

Best option is to double down on mkt strategy: P&G India

Procter & Gamble Hygiene and Healthcare (PGHH) and Gillette India (GI), both listed entities of Procter & Gamble India, noted in their investor calls that despite near-term macroeconomic challenges, an above normal monsoon will help revive demand in India.

'Irreparable loss for us': EY India on death of CA

The death of 26-year-old chartered accountant Anna Sebastian Perayil is \"tragic\" and an \"irreparable loss\" for EY India, the company said in a statement on Wednesday.

PM E-DRIVE TO BOOST EV ADOPTION: HDK

The newly launched ₹10,900 crore PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme aims to boost electric vehicle (EV) adoption through significant upfront incentives and the development of essential charging infrastructure, Minister of Heavy Industries HD Kumaraswamy said on Wednesday.

Apple, mobiles charge up 22% growth in electronics exports

Driven by mobile devices and Apple Inc's iPhone vendors, electronics exports grew by 21.8 per cent between April and August in 2024-25 (FY25) compared to the same period last year, reaching $13.57 billion.

Casa ratio of banks may fall to pre-Covid level: SBI chief

The share of low-cost deposits in the banking system, which is already on a downward slope, could decline further to touch the levels seen before Covid-19 due to the efficient cash management by the government as well as the corporate sector, State Bank of India chairman CS Setty said on Wednesday.

CCI can now appoint agencies to track orders

The Competition Commission of India (CCI) can now appoint monitoring agencies to oversee the implementation of its orders such as those relating to mergers & acquisitions (M&As), commitment and settlement, according to the latest General Regulations 2024.