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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

No indication of any fraudulent activity: AU Small Finance Bank

    AU Small Finance Bank statement comes in wake of reports of fraudulent activities reported by another lender IDFC First Bank relating to account involving...

IDFC First Bank appoints KPMG to probe fraudulent transaction

IDFC First Bank received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another...

An expected pause, amid green shoots

The MPC took note of successful completion of trade deals and said it augurs well for the economic outlook. Merchandise exports will get a boost...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

What led to the repo rate cut

The minutes of the fifty-eighth meeting of the Monetary Policy Committee (MPC) of Reserve Bank of India released on Friday offers interesting insights into...

SalarySe ties up with CUB to offer credit card to salaried

Aligning with the Reserve Bank of India's push toward a cashless economy, SalarySe’s product is powered by UPI technology. Targeting the consumers’ spending behaviour, the...

RBI cuts repo rate by 25 basis points

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision to cut the...

Mini T. M.  is new ED of Indian Bank

She began her banking career as a Probationary Officer in 1994 with Federal Bank and subsequently moved to Vijaya Bank as Financial Analyst in...

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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....