Dhruva Capital stock has given 205 per cent returns in the last month. The stock which was trading at Rs 7.54 on June 22 jumped by 205 per cent in a month to close at Rs 22.96 on July 22. At least 23 penny stocks have given returns up to...

The Centre and RBI have pulled up banks for lending to state government entities based on the escrow of the state’s future revenue streams or using collectorates and courts as security, with the finance ministry seeking an end to the...

A business chamber and North Eastern Development Finance Corporation Ltd (NEDFi) on Wednesday signed a memorandum of understanding to work jointly towards promoting investment in Assam and other states of the region. The agreement will...

Being a trusted partner in the journey of socio-economic development, India has extended concessional loans of over $12.3 billion to Africa, External Affairs Minister S. Jaishankar said on Tuesday. The country has also granted $700 million of...

Snapdeal is set to become the first e-commerce marketplace to debut on the government-led Open Network for Digital Commerce (ONDC). The Delhi NCR-based Snapdeal, which signed the onboarding agreement to plug into ONDC earlier this month, will...

Bengaluru-based neobank Fi Money, which has partnered with Federal Bank to provide the underlying bank accounts, now plans to add other partners. The company, launched by ex-Google executives who pioneered GPay, has also plugged into the account...

Amid the heightened uncertainties around cryptocurrencies, the Internet and Mobile Association of India (IAMAI) on Thursday announced to dissolve the Blockchain and Crypto Assets Council (BACC). The association created and nurtured BACC for...

Inflation in Asia Pacific economies is expected to subside earlier as commodity prices retreat, but country-specific factors could lead to different inflation outcomes, said Moody's Analytics. A combination of factors like the extreme...

A survey covering responses from 7,295 MSME businesses has revealed 71 per cent of them are optimistic about growth in the remaining six months of 2022 and only 5 per cent expect a dip in this time frame. The 2022 Mid-Year MSME Business...

The Reserve Bank of India (RBI) on Monday announced an arrangement for domestic traders to settle imports and exports in rupees, a move experts said is aimed at facilitating trade with sanctions-hit Russia. According to the central bank, this...