SEBI proposes stricter rules for listed companies to strengthen corporate governance

New Delhi (IANS) The Securities and Exchange Board of India (SEBI) has proposed new rules to improve corporate governance at listed companies. 

These proposals focus on revising the format of the Annual Secretarial Compliance Report (ASCR),…

India on the path to hit record $800 billion in exports in FY25

New Delhi (IANS) India is on the path to achieve $800 billion in exports in the 2024-25 fiscal for the first time, according to the government, signalling a robust economy and continued growth across sectors. 

According to the Union Commerce…

RBI hints further steps to ensure liquidity, US tariff uncertainties to cool off soon

New Delhi (IANS) The Reserve Bank of India (RBI) has always focused on ease of credit and will take further steps to ensure that enough liquidity remains in the banking system as there is "room for improvement", Governor Sanjay Malhotra said on Saturday,…

RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth

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…

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

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.

Mahindra & Mahindra logs 20 pc net profit jump in Q3 on strong SUV, tractor demand

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…

Car sales clock 15.5 per cent surge to 4.66 lakh units in Jan

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…

MRF shares tank as Q3 profit drops 38 pc, firm declares Rs 3 as dividend

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…

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

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…

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

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,…