Month: September 2022

Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. NDTV Profit-Latest

Medical equipment manufacturer Airox Technologies has filed preliminary papers with capital markets regulator Sebi to raise Rs 750 crore through an initial public offering (IPO). NDTV Profit-Latest

Reserve Bank of India Governor Shaktikanta Das on Friday said that currency movements are not the guiding factors for monetary policy decisions. NDTV Profit-Latest

Stock Market India: Equity benchmarks surged sharply, reversing losses from earlier in the session after the RBI hiked its key rate by 50 points. NDTV Profit-Latest

Reserve Bank Governor Shaktikanta Das on Friday said 67 per cent of the decline in the foreign exchange reserves since April was due to valuation changes arising from strengthening US … Read More

Global M&A shrank for the third consecutive quarter as rising interest rates forced lenders to pull back from financing large deals and the soaring dollar failed to spur U.S. companies … Read More

Payments company Paytm said e-commerce sales are back and all eyes were on a unique partnership — Flipkart and Paytm — this festive season. NDTV Profit-Latest

Offline payment aggregators (PAs) who aid in face-to-face transactions at merchant outlets will now come under the regulatory purview of RBI, Governor Shaktikanta Das announced on Friday. NDTV Profit-Latest

The rupee witnessed range-bound movement on Friday and was trading 12 paise higher at 81.61 against the American currency after RBI monetary policy announcement. NDTV Profit-Latest

Governor Shaktikanta Das on Friday said the Reserve Bank is mulling to adopt the “expected loss” approach for loan provisioning. NDTV Profit-Latest