Search Results for: Bank of England

Stocks plunge as FPIs sold equity massively for Rs 20,480 cr in last 2 days

An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 19, 2024

Funding Terror By Selling MBBS Seats: ED Attaches Property Worth Rs 5-Crore In Kashmir [details]

Money collected from the parents of the aspiring or potential students was used to support and fund terrorism and separatism in Kashmir Valley.

Jan 18, 2024

Shaktikanta Das, Governor, Reserve Bank of India

RBI not thinking of moving towards de-dollarisation: Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move towards de-dollarisation as the efforts of the central bank towards internationalisation of the rupee are not aimed at replacing the dollar.

Jan 17, 2024

RBI proposes stricter rules for housing finance firms

The RBI on Monday issued a draft circular which proposes to harmonise regulations of housing finance companies (HFCs) with that of non-banking finance companies (NBFCs) in several areas such as minimum capital requirement and deposit taking rules.

Jan 16, 2024

FASTags without KYC link to be deactivated after Jan 31: NHAI

The National Highways Authority of India (NHAI) on Monday said that FASTags with incomplete KYC will be deactivated or blacklisted by banks after January 31, as part of its move to enhance efficiency of the electronic toll collection system and provide seamless movement at the toll plazas.

Jan 15, 2024

66-day long Bharat Jodo Nyay Yatra from Manipur kicks off, to enter Nagaland today

Terming Prime Minister Narendra Modi led 10-years governance as "anyay kaal" (period of injustice), the Congress on Sunday launched the 66-day long Bharat Jodo Nyay Yatra from Manipur's Thoubal district.

Jan 15, 2024

J&K cricket scam: Farooq skips appearance before ED; cites health reasons [details]

On Wednesday, the Enforcement Directorate issued a summon to Dr. Farooq Abdullah to appear before the agency for questioning in the scam on Thursday.

Jan 12, 2024

Customer benefits being kept in mind while regulating Fintechs: RBI Guv

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise in India and at the same time, it has also raised a host of business conduct issues on which the central bank was keeping a close watch.

Jan 11, 2024

Union Minister of State for Commerce & Industry, Nirmala Sitharaman.

India's economic leap: Third-largest economy by 2027-28 [details]

India, currently the world's fifth-largest economy, is on a fast-paced trajectory to become the third-largest by 2027-28. The country's Gross Domestic Product (GDP) is projected to surpass $5 trillion during this period.

Jan 10, 2024

Muslim couple attempts self-immolation outside K'taka Assembly, alleges fraud by bank

The Karnataka Police thwarted an attempt by a Muslim couple to immolate themselves in front of the Vidhana Soudha here on Wednesday after alleging fraud by a bank.

Jan 10, 2024

Prominent scientist from J&K caught in ACB's anti-corruption net [details]

Dr. Siddiqui, who holds the position of Scientist B in the pollution control board, was reportedly trapped and arrested for demanding and accepting a bribe of Rs 5,000.

Jan 8, 2024

Trinidad and Tobago's first PM of Indian descent Basdeo Panday dies

Basdeo Panday, the first Indian-origin Prime Minister of Trinidad and Tobago who once said, "If you see me and a lion fighting, feel sorry for the lion", has passed away at the age of 90.

Jan 5, 2024

Predictable market correction witnessed In the last few days across the globe: Expert

A predictable market trend is that high valuations will lead to corrections. The unpredictable part is the timing and the trigger for the correction. In the last few days, globally markets are correcting and the trigger for the correction is profit booking, which is normal and rational, say experts

Jan 4, 2024

Nationwide strike of ration dealers starts from today

The Public Distribution System (PDS) beneficiaries around the country will face difficulties in the days to come due to the nationwide indefinite strike convened by the All India Fair Price Shop Owners' Association (AIFPSOA), an umbrella body of ration shop owners from Tuesday.

Jan 2, 2024

Key UPI transaction changes that come into effect in New Year

The Unified Payments Interface (UPI) rules have gone through some key changes in the New Year to improve online banking and payment transaction experiences.