Rupee breaches 81, policy challenge: let it find its value or burn forex, hike rates
As the rupee breached the 81-mark to the US dollar intra-day Friday,…
At 80.86, Re dives to new low against dollar
The rupee fell 90 paise to a record low of 80.86 against…
RBI cancels licence of Solapur-based Laxmi Co-operative Bank
The Reserve Bank of India (RBI) Thursday cancelled the licence of Solapur-based…
Semiconductor PLI: Support for 50% of project cost cleared
The Union Cabinet approved on Wednesday changes to the Centre’s Rs 76,000-crore…
ASBA-like model in secondary market
Markets regulator Sebi is looking to come out with Application Supported by…
Moonlighting: Wipro fires 300 employees for ‘working for competitors’
After disapproving the practice of moonlighting, Wipro has become the first Indian…
Amazon to set up three solar farms in Rajasthan
Amazon on Wednesday announced it will set up three solar farms in…
ADB cuts India’s GDP growth forecast for FY23 to 7% on high inflation, monetary tightening
The Asian Development Bank (ADB) has slashed India’s economic growth projection for…
Adani pledges $13-bn Ambuja, ACC shares
Days after completing its $6.5-billion acquisition of Ambuja Cements and ACC and…
OYO posts Rs. 414-crore loss in Q1; ‘targets IPO in early 2023’
Hotel aggregator OYO saw a loss of Rs 414 crore during the…