New Delhi, Dec 06 :
Asian Development Bank (ADB) on Thursday said it has entered into an arrangement with the World Bank to put in place a single framework that will make co-financed projects more efficient.
ADB's first Alternative Procurement Arrangement...
New Delhi, Dec 06 :
The National Company Law Tribunal (NCLT) on Thursday dismissed the plea of HDFC Ltd to initiate insolvency proceedings against RHC Holding, a non-banking financial company promoted by Singh Brothers -- Malvinder Mohan Singh and Shivinder...
New Delhi, Dec 06 :
IL&FS Investment Managers, part of the debt-laden IL&FS group, on Thursday said its board has approved appointment of Nand Kishore and Kaushik Modak as additional directors in the company.
Kishore and Modak have been appointed to...
Australia, Dec 06 :
Australia’s parliament on Thursday passed a bill to force tech firms such as Alphabet Inc’s Google, Facebook and Apple to give police access to encrypted data, the most far-reaching such requirements imposed by a western country.
The...
Bengaluru, Dec 06 :
Bengaluru-headquartered payments platform PhonePe on Thursday announced that it has grown its offline merchant base to over 1 lakh in Bengaluru. PhonePe enables merchants to accept payments from consumers through multiple instruments like UPI, credit cards,...
Mumbai, Dec 05 :
The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 6.50 per cent while maintaining the stance of 'calibrated tightening' of policy.
This is for the second time in a row that the...
Mumbai, Dec 05 :
Benchmark equity indices fell for the second straight day on Wednesday as the RBI left the repo rate unchanged while global markets suffered a sell-off as concerns over the US-China trade war resurfaced.
The BSE Sensex tumbled...
Mumbai, Dec 05 :
Private carrier Jet Airways has reduced its base fares by up to 30 per cent for both domestic and international travel across its network under a limited period offer, the airline said on Wednesday.
The seven-day offer,...
Mumbai, Dec 05 :
Measures over the last two months have eased liquidity for NBFCs and there is no necessity for the RBI to extend help to the crisis-hit sector as a lender of last resort, RBI deputy governor Viral...
New Delhi, Dec 05:
The Reserve Bank on Wednesday retained its GDP forecast for the current fiscal at 7.4 per cent and said growth will accelerate further to 7.5 per cent in first half of 2019-20, driven by acceleration in...
