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Rupee rises 6 paise to 75.14 against U.S. dollar in early trade

The rupee appreciated 6 paise to 75.14 against the U.S. dollar in early trade on Monday tracking weakness in the greenback and gains...

FICCI survey estimates FY21 GDP growth to be in negative territory

Industry body FICCI on Sunday said its Economic Outlook Survey has projected the country’s annual median GDP growth for 2020-21 at (-) 4.5%.With the...

RBI Governor Shaktikanta Das asks banks to raise capital in advance, build buffers to ensure credit flow

As the COVID-19 outbreak has caused unprecedented uncertainties and exposed the country’s financial system to vulnerability, the Reserve Bank of India (RBI) has asked...

Plan to aid small trade having little effect

India reopened for business in June after two months of lockdown, but for thousands of small entrepreneurs in the town of Meerut, near Delhi,...

State borrowings set to rise 53% in first half: Care Ratings

In an indication of liquidity issues, 13 States are found to have raised ₹12,750 crore through auction of State Government securities or State Development...

Equity Mutual Funds inflows tumble 95% in June on profit booking: AMFI

Inflows into equity mutual funds (MFs) slumped 95 % to a little more than ₹240 crore in June as investors pulled out from large...

Former RBI governor Patel pens book on dealing with NPA issue

Urjit Patel, whose stint as the head of the central bank was one of the most tumultuous in recent times that ended with...

Sheela Foam bats for demand side steps

With almost 80% of its stores now open, albeit with reduced working hours, Sheela Foam — the makers of the Sleepwell brand of mattress...

India’s trade deficit with China dips to $48.66 billion in FY20

India’s trade deficit with China fell to $48.66 billion in 2019-20 on account of the decline in imports from the neighbouring country, according to...

Bank credit grows 6.18%, deposits 11%: RBI data

Bank credit and deposits grew 6.18% and 11% to ₹102.45 lakh crore and ₹138.67 lakh crore, respectively, in the fortnight ended June 19, according...

Data | Despite relaxations in coronavirus lockdown, urban unemployment increases amid draining consumer confidence

The uncertainity created by job losses in urban areas due to the COVID-19 related lockdown has crushed the confidence levels of the city dwellers....

UPI payments hit all-time high of 1.34 bn transactions in June

Payments on Unified Payments Interface (UPI) in June hit an all-time high of 1.34 billion in terms of volume with transactions worth nearly Rs...

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Putham Pudhu Kaalai trailer: Five Tamil filmmakers bring five stories of love in the time of Covid-19

The trailer of Amazon Prime’s upcoming Tamil film Putham Pudhu Kaalai was unveiled on Monday by filmmaker Mani Ratnam and composer A.R Rahman. Tamil...

Samsung Galaxy S20 FE Set to Launch in India Tomorrow

Samsung Galaxy S20 FE is set to launch in India on Tuesday, October 6, the company confirmed to Gadgets 360. The phone debuted globally...