Piyush Goyal calls for redoubling efforts at WTO for TRIPS waiver Commerce and Industry Minister Piyush Goyal on Friday pitched for increasing efforts at the World Trade Organization (WTO) for getting patent waivers for diagnostics and therapeutics used to deal with the Covid-19 pandemic. In June last year, members of the WTO agreed to grant a temporary patent ...
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Dynasty Acquisition pares 2.14% stake in Shriram Finance for Rs 1,040 cr
Dynasty Acquisition pares 2.14% stake in Shriram Finance for Rs 1,040 cr Dynasty Acquisition (FPI) on Friday divested 2.14 per cent stake in the non-banking financial company (NBFC) Shriram Finance for Rs 1,040 crore through open market transactions. The buyers include — FID Funds Mauritius, Societe Generale, BNP Paribas Arbitrage, and ICICI Prudential Life Insurance Company, ...
Read More »Forex reserves drop by $1.268 billion to $561.583 billion, says RBI
Forex reserves drop by $1.268 billion to $561.583 billion, says RBI India’s forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said on Friday. The overall reserves had increased by USD 44 million to USD 562.851 billion in the previous reporting week after two consecutive weeks of ...
Read More »Explore how you can use CRED to improve your money management in 2023
Explore how you can use CRED to improve your money management in 2023 [ad_1] January is the month of beginnings. It is that time of the year when we assess our lifestyle, chalk out life plans and goals, look at finances, work towards building new habits, etc. Of all the aspirations, money management is a vital resolution for many. The ...
Read More »Bank of Baroda hikes interest rates on retail term deposits by up to 65 bps
Bank of Baroda hikes interest rates on retail term deposits by up to 65 bps Bank of Baroda, one of India’s leading public sector banks, on Friday announced an increase in interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by up to 65 basis points across various tenors. These rates are applicable on ...
Read More »Latest Bank Fixed Deposit (FD) Interest Rates in India for 2023
Latest Bank Fixed Deposit (FD) Interest Rates in India for 2023 [ad_1] Here is a comparison of FD (fixed deposit) interest rates for amounts below Rs 2 crore across various tenors of 12 top banks such as SBI, HDFC Bank, ICICI Bank, Union Bank of India, Indian Bank, Bank of Baroda, PNB, Kotak Mahindra Bank, Axis Bank, Yes Bank, Canara ...
Read More »Ind-Ra upgrades issuer rating for Bank of India, cites capital position
Ind-Ra upgrades issuer rating for Bank of India, cites capital position India Ratings and Research (Ind-Ra) has upgraded Bank of India’s (BoI) long-term issuer rating from “AA” from “AA+”, reflecting the state-owned lender’s capital position and operating buffer. The outlook is stable, said Ind-Ra in a statement. BoI, since FY21, has reported consistent profitability which, along with ...
Read More »10 simple personal finance resolutions to make this year
10 simple personal finance resolutions to make this year [ad_1] 10 simple personal finance resolutions to make this year [ad_2]
Read More »union budget 2023: Budget 2023: How to make RBI’s digital rupee a success
union budget 2023: Budget 2023: How to make RBI’s digital rupee a success [ad_1] The Central Bank Digital Currency (CBDC) is a digital form of currency notes issued by a central bank. The Reserve Bank of India’s (RBI) retail digital rupee can provide access to safe money for payment and settlement as it is a direct liability of the central ...
Read More »Bank Holiday Today: Is it a bank holiday for Lohri?
Bank Holiday Today: Is it a bank holiday for Lohri? [ad_1] Depending on the festival being celebrated in states, the holidays vary from place to region. The Reserve Bank of India (RBI) publishes a list of holidays by month and state. The RBI announces bank holidays in three categories: Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks’ ...
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