LiveParliament Passes Bill to Bring Cooperative Banks Under RBI
The Indian Parliament has passed amendments on bill to the Banking Regulation Act as cooperative banks are covered under the supervision of Reserve Bank of India (RBI),...
Category : ECONOMY
Rajya Sabha Passes Bills to Reduce Salary, Allowances of MPs, Ministers by 30%
On Friday, bills regarding salary reduction, Members Of Parliament allowances, and Minister by 30% was passed with the clear majority in the Rajya Sabha. Initially, Union...
Volvo Car India Partners with HDFC Bank to Launch Volvo Car Financial Services
On Wednesday, Volvo car India has a partnership with HDFC Bank to launch Volvo Car Financial Services for buyers to get easy finance for its vehicle. The service facilitates...
ADB Sees India’s GDP Contract 9% in FY21
The Asian Development Bank (ADB) has revised its GDP estimate for India to a 9 per cent contraction in FY21 from 4 per cent dip estimated in...
Banks to Mandatorily Automate NPA Recognition by 30 June, Says RBI
The Reserve Bank of India (RBI) has issued the date for completion of automation in inadequate loan recognition as well as the provisioning latest by 30 June...
Dream11’s Parent Raises $225 Million, Valuation Jumps to $2.5 Billion
Dream Sports is the parent firm which has Dream11, FanCode and DreamX in its portfolio, has raised $225 million in primary and secondary investment led...
FPIs Turn Net Sellers in September, Pull Out Rs 2,038 Cr
Foreign portfolio investors (FPI) turned net sellers in Indian markets by pulling out Rs 2,038 crore so far in September as participants turned cautious in view...
Rs 30,000 Cr Special Liquidity Scheme Under Atmanirbhar Bharat Package: Finance Ministry
The Union Ministry of Finance informed that an amount of Rs 30,000 crore Special Liquidity Scheme has been progressed for non-banking, housing finance companies and...
AstraZeneca Pharma Plunges Over 13% on COVID Vaccine
On Wednesday, AstraZeneca Pharma India Ltd’s shares have fallen more than 13 per cent after its parent firm announced pausing COVID-19 vaccine trials globally due to an...
Blockchain players Beat Gold and Bitcoin Amid COVID-19 Pandemic
Gold and Bitcoin have both seen a steady flow with investments or bets on cryptocurrency. However, with last year’s scenario, instead of buying into either asset...