High policy rate not impinging on growth, economic activity well sustained: RBI Guv Das
Posted in Economy

High policy rate not impinging on growth, economic activity well sustained: RBI Guv Das

Reserve Bank Governor Shaktikanta Das on Wednesday said that elevated interest rate is not impacting growth and economic activities are well sustained. “At the moment,…

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Bonds and stocks rise as RBI adjusts policy stance; Governor Das emphasizes caution despite confidence in aligning inflation with targets.(PTI)
Posted in Business

RBI just opened the door to first rate cut in 4 years: All you need to know

India’s central bank set the stage for its first interest rate cut in four years, growing more confident that inflation will ease in coming months….

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Growfast
Posted in Economy

DA hike: Will the centre hike dearness allowance for govt employees? All eyes on today’s cabinet meet

The central government is expected to announce a hike in the dearness allowance (DA) and dearness relief (DR) for government employees after its Cabinet meeting…

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India plans new PLI scheme for drones sector
Posted in Economy

India plans new PLI scheme for drones sector

The government plans to come out with a new Production-Linked Incentive (PLI) scheme for the drones sector that will be more effective in terms of…

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Samsung workers in Tamil Nadu are in their second month of striking, rejecting a settlement offer that fails to recognize their union. The dispute disrupts production and highlights challenges in attracting foreign investment amid labor unrest.(Reuters)
Posted in Business

Samsung India workers reject settlement as strike enters second month: Updates

A group of more than 1,000 striking workers at the Samsung Electronics factory in southern India has rejected a settlement offer made by the company…

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Russell Mehta and Mona Mehta have three children: Viraj, Shloka and Diya.
Posted in Business

Shloka Mehta’s father, diamond tycoon Russell Mehta, on layoffs: ‘Gave generous severance pay’ | Trending

Russell Mehta is best known to the Indian internet as the father-in-law of Akash Ambani. Mehta is a successful businessman who owns Rosy Blue India,…

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SBI Card has revised finance charges from 3.50% per month to 3.75% per month, effective from November 1, 2024.
Posted in Business

Credit card charges increased for SBI Card: Find new rates, dates, and other details

SBI Card has raised fees for some credit card transactions, including for utility bill payments and finance charges, according to an Economic Times report, which…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Deepinder Goyal: Felt Zomato was dead when Swiggy raised $1 billion in 2018: CEO Deepinder Goyal at The ET Startups Awards

Zomato founder and chief executive Deepinder Goyal said he felt that the food and grocery delivery major was at a dead end when rival Swiggy…

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RBI cautions on inflation: ‘Need to keep inflation horse on a tight leash, it may bolt again…’
Posted in Economy

RBI cautions on inflation: ‘Need to keep inflation horse on a tight leash, it may bolt again…’

The RBI kept its inflation forecast for FY25 unchanged at 4.5%, amid food price concerns. Oil prices rose above $80 for the first time since…

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RBI says inflation, growth to ease in fiscal 2026
Posted in Economy

RBI says inflation, growth to ease in fiscal 2026

Reserve Bank of India (RBI) forecasts consumer price inflation (CPI) to reduce to 4.1% in the next fiscal year ending March 2026 from an average…

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