Banks Should Not Ask For Verification At Branch Level If Customer Does e-KYC: RBI

  Mumbai- The Reserve Bank on Wednesday said banks should not ask for verifications/updates at the branch level in case a customer has done e-KYC...

RBI Projects Inflation To Fall Below 6% By Mar 2023; To Keep ‘Arjuna’s Eye’...

New Delhi- The Reserve Bank on Wednesday projected inflation to come down below the upper threshold level of 6 per cent by March quarter...

Carmakers Announce Plan To Hike Prices From January To Offset Rising Input Costs

New Delhi- Carmakers Mercedes-Benz, Audi, Renault, Kia India and MG Motor on Wednesday announced plans to hike vehicle prices from January to partially offset...

Govt Recognises 84,102 Entities As Startups As On Nov 30

New Delhi- The government has recognised as many as 84,102 entities as startups as on November 30 this year, Parliament was informed on Wednesday. These...

RBI Hikes Lending Rate By 35 Bps To 6.25%; Home, Auto Loans To Be...

Mumbai- The Reserve Bank on Wednesday expectedly raised the benchmark lending rate by 35 basis points (bps) - the fifth increase since May -...

World Bank Revises Upwards India’s GDP Growth Forecast To 6.9% For FY23

New Delhi- The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy...

Fitch Expects Windfall Tax To Be Phased Out In 2023

NEW DELHI- Fitch Ratings on Tuesday said it expects the five-month-old tax on windfall profits made by oil companies to be phased out in...

Global Airline Industry Set To Post $6.9 Billion Loss In 2022: IATA

Geneva- The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to stronger passenger yields and cost control...

Sebi Relaxes Rules For Govt For PSU Disinvestment

Mumbai- Capital markets regulator Sebi can calm down regulatory norms for the central government in relation to strategic disinvestment of public sector undertakings (PSUs),...

J&K Plans To Set Up Incubator For Cybersecurity-Related Startups

Jammu- Jammu and Kashmir administration is planning to set up a dedicated incubator for cybersecurity-related startups to promote local industries. Under its recently launched Cyber...