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A aerial view of the Mumbai City line as seen from an aircraft. (PTI)

Mumbai overtakes Beijing as Asia's Billionaire capital, says report

As per the Hurun report, Mumbai registered a net increase of 14 individuals followed by Hyderabad which registered a net...

27 March 2024 1:28 AM IST

Digital payments company Paytm has partnered with Twitter to integrate Twitter Highlights

RBI Bars Paytm Bank from Offering Banking Services After February 29

Paytm customers can continue to utilise balances from their accounts, including savings and current without restriction

1 Feb 2024 1:38 AM IST

Indias robust economic growth will boost demand at corporates, despite weakness from slowing growth in key overseas markets, Fitch ratings said in a statement on Friday. (File Image: PTI)

India to be among fastest growing nations with 6.9% growth in FY25

Demand will remain strong for cement, electricity and petroleum products

23 Dec 2023 1:33 AM IST

Life Insurance Corporation

LIC net buys Rs 34,000 cr stocks in Q1

The public sector behemoth booked Rs 5,076 crore equity profit during April-June against Rs 11,368 crore a year ago

13 Aug 2022 11:08 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Return to normal for life insurers in Q1

ICICI Prudential Life Insurance announced its earnings and reported a net profit of Rs 156 crore in April-June quarter...

19 July 2022 4:36 AM IST

PM Modi met Putin on Wednesday on the sidelines of the 11th BRICS Summit and reviewed the full range of India-Russia relations. (Photo: Twitter)

RBI spells out re-settlement terms

The RBI said that authorised banks would need to take its permission before instituting the rupee trade settlement...

12 July 2022 9:47 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 7:55 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI hikes key rate by 0.5 per cent as it tries to tame inflation

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

9 Jun 2022 1:12 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Bond yield spikes to 7.5 per cent for first time in three years

The rate setting panel has begun its three deliberations on Monday with the outcome being announced on Wednesday

7 Jun 2022 8:03 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI to transfer Rs 30,307 cr to government

The contingency risk buffer has also been retained at 5.5 per cent

21 May 2022 12:35 AM IST

Life Insurance Corporation (LIC) Chairperson M R Kumar addresses a press conference, in Mumbai, Wednesday, April 27, 2022. The LIC IPO is opening on May 4 with a price band of Rs 902 to Rs 949 per equity share. (PTI/Shashank Parade)

LIC's Rs.21K crore IPO, India's largest, to open on May 4

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder...

28 April 2022 8:51 AM IST

The company has decided to reserve 10 per cent of shares on the offer for its policyholders under the policyholder reservation portion. (Wikipedia)

LIC IPO a treat for policyholders

With the LIC IPO coming up, there has been a spurt in opening of demat account recently

28 April 2022 8:47 AM IST