Chinese technology conglomerate Tencent has bought stakes worth USD 264 million (about ₹2,060 crore) in Flipkart from the company’s co-founder Binny Bansal through its European subsidiary, according to official documents....

Moody's Investors Service on Thursday said most rated companies in India have buffers to withstand a further 10-15 per cent depreciation of the rupee. The rupee depreciated by 8 paise to close at 77.76 against the US dollar on Thursday,...

The Reserve Bank of India Governor Shaktikanta Das on Thursday has said that businesses should avoid having an aggressive short-term reward-seeking culture without considering the build-up of excessive risks in their balance sheets....

A start-up operates in constant uncertainty and has a limited number of resources at its disposal. Owing to these challenging circumstances start-ups often need the assistance of business start-up consultants to help them with management and...

Finance Minister Nirmala Sitharaman on Wednesday said banks need to adopt customer-centric approach by understanding their needs and expectations. After the soft launch of Enhanced Access and Service Excellence-EASE 5.0, the minister said...

Prime Minister Narendra Modi will be inaugurating the Biotech Startup Expo - 2022 at Pragati Maidan, New Delhi on June 9 at 10:30 am, informed the Prime Minister's Office (PMO). Prime Minister Shri Narendra Modi will inaugurate the Biotech...

Indian economy is likely to cross $5 trillion in 2026-27 and likely to become $20 trillion by 2040, Chief Economic Advisor V Anantha Nageswaran said on Wednesday. Addressing an event organised by the Department of Economic Affairs, Nageswaran...

Loans, including retail loans and mortgages, will get costlier with the Reserve Bank of India’s Monetary Policy Committee (MPC) announcing a 50 basis point – one basis point is one hundredth of a percentage point – hike in the...

State Bank of India (SBI), the country’s largest lender, has doubled down on loans to the infrastructure segment comprising roads, ports and power in FY22, amid renewed demand for credit from private companies. In FY22, about 10% of all...

Bank credit grew by 11.04 percent to Rs 120.27 lakh crore and deposits by 9.27 percent to Rs 165.74 lakh crore in the fortnight ended May 20, RBI data showed on Tuesday. In the fortnight ended May 21, 2021, bank advances stood at Rs 108.31 lakh...