After nearly 15 yrs, Assam oil field resumes operations

Guwahati (IANS) After almost 15 years, state-owned Oil India Limited's (OIL) Khagorijan oil field in eastern Assam's Dibrugarh started operation on Saturday.

Assam Chief Minister Himanta Biswa Sarma attended the ceremonial function…

Paytm AGM 2022: Vijay Shekhar Sharma gets resounding vote of confidence from shareholders

New Delhi (IANS) One97 Communications Limited (OCL) that owns the brand Paytm, India's leading digital payments and financial services company and the pioneer of QR and mobile payments, recently held its 22nd Annual General Meeting, the first…

Air India launches additional flights to connect key metros

New Delhi (IANS) Aiming to boost connectivity between key metro cities, Air India will start 24 additional domestic flights from Saturday onwards.

Most of these flights will be deployed on the routes of metro cities including Mumbai, Delhi,…

All-India Consumer Price Index for agricultural, rural labourers rose in July

New Delhi (IANS) Rise in the prices of household and kitchen items, including rice, wheat, bajra, pulses, milk, fish, onion and other items led to increase in the All-India Consumer Price Index for agricultural and rural labourers in the month of…

`PSBs privatisation should be gradual and not a big bang approach'

Chennai (IANS) The privatisation of public sector banks (PSB) should be made in a gradual manner since they are fulfilling important social objectives, said senior officials of the Reserve Bank of India (RBI).

Large scale privatisation of PSBs…

Fintech Uni suspends card services over RBI digital lending norms

New Delhi (IANS) Fintech startup Uni on Friday said it has suspended card services on its products in line with the recent notification by the Reserve Bank of India (RBI) around digital lending.

The startup said that is proactively suspending…

ONGC, IRCTC among 21 PSEs running without full-time heads

New Delhi (IANS) As many as 21 central public sector enterprises (CPSEs) including Maharatna entity ONGC, Navratnas Oil India Ltd (OIL), and Bharat Electronics Ltd (BEL) and Indian Railway Catering and Tourism Corporation Ltd (IRCTC), among others,…

LIC Mutual Fund's large & mid cap funds offer 12.49?GR since inception

Mumbai (IANS) The large and mid cap funds of LIC Mutual Funds has offered 12.49 per cent compound annual growth return since its inception in February 2015.

As on July 31, 2022, the compounded annual growth returns performance of LIC MF large…

Flipkart to pay Rs 1L fine for selling sub-standard pressure cookers

New Delhi (IANS) The Central Consumer Protection Authority (CCPA) has passed an order on violation of consumer rights by e-commerce platform Flipkart for allowing sale of domestic pressure cookers in violation to mandatory standards.

According…

CCI approves merger of HDFC Bank, HDFC Ltd

Mumbai (IANS) The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd.

"Commission approves proposed combination involving amalgamation of HDFC Limited, HDFC Bank, HDFC Investments and HDFC Holdings,"…