Mumbai (IANS) The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent.
RBI Governor Sanjay Malhotra said the MPC has also unanimously decided to continue…
Mumbai (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra announced on Friday that the central bank is introducing the 'bank.in' exclusive Internet Domain for Indian banks to combat increased instances of fraud in digital payments.
…Mumbai (IANS) Mahindra & Mahindra (M&M) on Friday reported a consolidated net profit of Rs 3,180.58 crore in Q3 -- a 19.64 per cent increase from Rs 2,658.40 crore in the same quarter last year (Q3 FY24).
The company’s strong earnings were…
New Delhi (IANS) Car sales in India surged by a robust 15.53 per cent to 4,65,920 in January this year, according to data released by the Federation of Automobile Dealers Associations (FADA) on Thursday. Sequentially, month-on-month car sales were…
Mumbai (IANS) Leading tyre manufacturer MRF on Thursday reported a 38 per cent decline in net profit for the December quarter (Q3 FY25), as the firm's net profit stood at Rs 315 crore, compared to Rs 510 crore in the same period last year (Q3…
New Delhi (IANS) The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing…
Mumbai (IANS) Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties.
According to experts,…
Mumbai (IANS) In a bid to boost the ‘Make in India’ initiative and create homegrown AI models, Yotta Data Services on Tuesday introduced 'myShakti', India’s first sovereign B2C generative AI chatbot.
Built using DeepSeek’s open-source…
New Delhi (IANS) Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday.
While reaffirming its commitment to fiscal…
Mumbai (IANS) The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.
The…