CATEGORIES

RBI raises collateral-free agriculture loan limit to ₹2 lakh

The Reserve Bank on Friday enhanced the collateral-free agriculture loans limit to Rs 2 lakh per borrower from the existing Rs 1.6 lakh in view of inflation and rise in farm input costs.

Rate caps hiked on diaspora's foreign currency deposits to attract flows

The Reserve Bank on Friday announced a raise in the interest rate caps on the diaspora's foreign currency deposits, in a move aimed at attracting more capital flows amid pressures on the rupee.

MuleHunter.ai to identify mule accounts

The Reserve Bank of India introduced MuleHunter.ai, an advanced artificial intelligence and machine learning model developed by Reserve Bank Innovation Hub in Bengaluru, to tackle the growing menace of mule bank accounts and digital fraud, Governor Shaktikanta Das said on Friday.

Growth to pick up in Oct-Mar: India Ratings

India Ratings and Research Ltd. expects the revenue growth of Indian companies to pick up in the second half of the current financial year due to improved volumes and better ability to pass the impact of inflation to the customers.

India not re-considering to join RCEP pact: Industry Minister

India in 2019 decided not to join the mega free trade agreement RCEP as the pact was not addressing its concerns and since then there has been no change in that position, Commerce and Industry Minister Piyush Goyal said on Friday.

RBI decisions to ensure balance between growth, inflation

Experts feel move is well-timed and practical

Realtors expect housing demand to remain strong on stable

Realtors industry bodies CREDAI and NAREDCO expect the RBI to reduce key interest rate in its next monetary policy to boost housing demand, which they said will remain strong with the stability of interest rates on home loans.

No plans for de-dollarisation, focus is only on derisking trade: Das on Trump rhetoric

Reserve Bank Governor Shaktikanta Das on Friday said India does not have any plans to 'de-dollarise' its trade and is only looking at derisking it by other means.

Markets snap five-day rally; settle marginally lower in volatile trade

Benchmark equity indices Sensex and Nifty ended marginally lower in a highly volatile trade on Friday, snapping their five-day rally, after the Reserve Bank of India kept the policy rate unchanged but sharply cut the FY25 GDP growth forecast.

India's forex reserves jump USD 1.51 bn to USD 658.091 bn

India's forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday.

CRR cut to boost liquidity, help exporters get credit at easy terms

The RBI's decision to cut Cash Reserve Ratio (CRR) will increase liquidity in the system, thereby helping exporters get credit at easy terms, FIEO said on Friday.

33-yr-old woman killed by lover in Indapur area

A 33-year-old woman was hacked to death allegedly by her paramour in Pune's Indapur tehsil, a police official said on Thursday.

2 bodies recovered from Pawna Dam

The body of one of the two youths who drowned while kayaking in Pune's Maval tehsil was recovered on Wednesday evening, while the second body was found on Thursday afternoon, a police official said.

CR extends running of Virangana Laxmibai Jhansi Express

Central Railway will extend the running of following trains on Demand special trains to clear the extra rush of passengers.

SUV hits five vehicles in Pune

An angry mob allegedly pelted stones at a high-end SUV after it hit at least five vehicles in Pashan area of Pune on Thursday evening, though no one was injured in the incident.

468 turtles rescued and rehabilitated in Bavdhan

In a remarkable conservation effort, 468 turtles were successfully transported to the Bavdhan Transit Treatment Centre (TTC).

Leading MIT Group to global excellence in education

Rahul V Karad has made a huge impact on education and society in India through his role as Managing Trustee and Executive President of the Maharashtra Academy of Engineering & Educational Research (MAEER) and the MIT Group of Institutions.

INFRA WOES RISE FOR SINHAGAD RD STRETCH

PUNE MATTERS | Stretch between Parvati Bridge and Dandekar Bridge turns into traffic nightmare

Waje pushes for Nashik Road to Dwarka flyover

The long-pending demand for a flyover from Nashik Road to Dwarka Circle on National Highway No. 60 has gained momentum after MP Rajabhau Waje met Union Minister for Road Transport and Highways, Nitin Gadkari.

HC directs release of Nigerians who have served sentence

The Bombay High Court recently ordered the release of two Nigerian nationals, observing that foreign nationals are entitled to the fundamental right to life and liberty under Article 21 of the Constitution of India.

HC quashes circular on names of charities, trusts

Circular prohibited the use of phrases like 'human rights' in the names of charitable trusts

ED seizes ₹13.5cr alleged to be part of laundered funds

MALEGAON MONEY LAUNDERING | Searches at premises in Ahmedabad, Mumbai reportedly linked to angadia network

Couple get 10 years in jail for rape of minor

Thane's special Protection of Children Against Sexual Offences Act court has convicted a couple on charges of raping a minor girl, and sentenced them to 10 years' imprisonment.

Pothole-free dream slows as road concretisation hits block

Despite a year passing since the commencement of the road concretisation project, the BMC has completed only 46km of the planned 324km in Phase 1.

Man held with ₹60L hydroponic weed: Customs

The Air Intelligence Unit (AIU) of Airport Customs has arrested a 31-year-old man for allegedly smuggling hydroponic weed worth Rs60 lakh from Bangkok.

₹1.17 crore fine on developers for violations

In a bid to curb air and noise pollution, the Navi Mumbai Municipal Corporation (NMMC) recently imposed a fine of Rs1.17 crore on developers after inspections revealed violations of the standard operating procedure (SOP) at 78 ongoing construction sites.

Stone pelting at police team: Five juveniles detained

Eight persons held in total; police are reviewing CCTVs to identify more

Store workers steal goods worth ₹41 lakh

The Dadar police have registered an FIR against three employees of an electronics store in the Dadar West area for allegedly stealing goods worth Rs41 lakh.

BAPS's Mumbai centre marks 50 years

The Bochasanwasi Akshar Purushottam Swaminarayan (BAPS) sect will commemorate 50 years of its Mumbai centre with a grand celebration at the Narendra Modi Stadium in Ahmedabad and felicitate one lakh volunteers from around the world associated with the organisation.

3 key bridges to open before monsoon 2025

The long-awaited completion of three crucial railway over bridges (ROBs), which have faced multiple delays, is finally within reach, offering much-needed relief to commuters.