• IMF lowers India’s growth forecast for current financial year to 6.7%
IMF lowers India’s growth forecast for current financial year to 6.7%.
11 Oct, 2017. \\ Business.

The International Monetary Fund (IMF) on Tuesday shortened India’s growth forecast for Financial Year 2017-18 but expects a revival as structural reform bears fruit. In its latest World Econo...

  • SBI lowers minimum average monthly balance to Rs 3000
SBI lowers minimum average monthly balance to Rs 3000.
26 Sep, 2017. \\ Business.

State Bank of India (SBI) has slashed the minimum average monthly balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000 and also revised downwards penalties for non-adherence. The b......

  • Wholesale inflation hits four-month high
Wholesale inflation hits four-month high.
14 Sep, 2017. \\ Business.

The wholesale inflation rose to a four-month high of 3.24 per cent in August as prices of food articles soared. Inflation based on the Wholesale Price Index was 1.88 per cent in July 2017 and 1.09 per...

  • RBI to issue notes in denomination of Rs. 200 tomorrow
RBI to issue notes in denomination of Rs. 200 tomorrow.
24 Aug, 2017. \\ Business.

The Reserve Bank of India will issue the 200 rupee denomination banknotes bearing signature of Governor Dr. Urjit R. Patel in the Mahatma Gandhi (New) Series tomorrow. The note will be issued from sel......

  • RBI to soon unveil new Rs. 50 currency notes, old note to continue
RBI to soon unveil new Rs. 50 currency notes, old note to continue.
19 Aug, 2017. \\ Business.

The Reserve Bank of India (RBI) on Saturday said that it will soon issue a Rs. 50 currency note in the new Mahatma Gandhi Series, which will be fluorescent blue in colour. The announcement came after ...

  • Flipkart reportedly injected with USD 2.5 billion funding by SoftBank
Flipkart reportedly injected with USD 2.5 billion funding by SoftBank.
10 Aug, 2017. \\ Business.

According to reports, Japanese telecom company SoftBank has invested close to USD 2.5 billion through one of its tech funds in Indian online marketplace Flipkart through primary and secondary share pu......

  • Sahara’s plea to stop Aamby Valley auction rejected by Supreme Court
Sahara’s plea to stop Aamby Valley auction rejected by Supreme Court.
10 Aug, 2017. \\ Business.

The Supreme Court on Thursday rejected Sahara chief Subrata Roy's plea to put on hold the auction process of the group's project Aamby Valley in Pune district of Maharashtra. A bench of justices Dipa...

  • Jeep launches much awaited SUV in India at INR 14.95 Lakhs
Jeep launches much awaited SUV in India at INR 14.95 Lakhs.
31 Jul, 2017. \\ Business.

Fiat-owned Jeep on Monday launched the Compass sports utility vehicle (SUV) at an aggressive price tag of Rs 14.95 lakh in the mid premium category to take on its rivals the Hyundai Tucson,Tata Motors......