Business

Mumbai: At the end of the meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India after the results of the Lok Sabha elections, the MPC decided to maintain the repo rate at 6.50 percent as expected. The MPC has kept interest rates unchanged for the eighth …

Ahmedabad: Leading global private equity (PE) firms and promoters managed to pull out over $2 billion before the stock market crashed due to surprise election results. D.T. Between May 15 and May 31, 14 companies signed block deals worth over $50 million (Rs 420 crore). These deals were mainly done …

New Delhi: Most mutual fund schemes, including credit risk debt and some medium duration funds, may deliver returns of over 8.5 per cent per annum in the coming years as fund managers increase exposure to lower-rated securities in this category. As of April-end, the average yield to maturity for credit …

Mumbai: The country's foreign exchange reserves hit a new high during the week ended May 31. The reserves rose by $4.80 billion to $651.50 billion during the week, Reserve Bank of India Governor Shaktikanta Das said at the end of the three-day meeting of the RBI's Monetary Policy Committee (MPC). …

Mumbai: Gold and silver prices in Mumbai's jewellery market today fell sharply after opening at a higher level initially and market players were shocked by the huge fluctuations in prices. There was a big jump in prices in the news of the world market as well. And its effect was …

24 mins ago Business Many people try to get a free way and show their ID at the toll booth, but now this trick is not working. However, many people get free entry at toll plazas, which means these people are given tax …

Ahmedabad: The huge fall in the stock market after the results of the Lok Sabha elections came contrary to the exit polls has been recovered within three days. Dismissing the reports of Narendra Modi forming the government once again with the support of NDA allies and the negative statements made …

Portable Air Conditioner: As soon as summer arrives, the demand for AC increases, if you are also thinking of buying an AC in this scorching heat, then this news is for you. We are going to tell you about some such ACs, which you can buy for just Rs 10,000. …

57 mins ago Business A month ago, the RBI had issued guidelines on Key Fact Statement (KFS) to curb the levying of hidden charges on customers by banks or NBFCs, according to which banks cannot charge such fees or charges or rates unless …

36 mins ago Business RBI has not cut interest rates. Central Bank Governor Shaktikanta Das announced the monetary policy on June 7 at 10 am. He said that the RBI's Monetary Policy Committee has decided to keep the repo rate at the current …