New Delhi, The Reserve Bank of India on Tuesday said that banks need to further bolster their capital positions to absorb potential slippages as well as to sustain the credit flow, especially when monetary and fiscal measures unwind.

"Although credit offtake by banks remained subdued in an environment of

New Delhi, Over 4.67 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the IT Department as on December 27, the Ministry of Finance said on Tuesday.

According to the ministry, more than 15.49 lakh ITRs were filed on December 27 and "this number is likely to increase further as the

New Delhi, Securities markets regulator Sebi's board on Tuesday tweaked norms governing the lock-in period for anchor investors.

"The existing lock in of 30 days shall continue for 50 per cent of the portion allocated to anchor investor and for the remaining portion, lock in of 90 days from the date of al

New Delhi, Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani has predicted that India will become one of the top three economies in the world and Reliance will become one of the strongest and most reputed Indian multinational companies in the world.

Speaking at the Reliance Family Day even

New Delhi, Inability to raise money for future unidentifiable acquisitions would impact capital raising plans of some unicorns, experts said after SEBI announced new IPO norms.

Yash Ashar, Partner and Head, Capital Markets, Cyril Amarchand Mangaldas, said the companies impacted are particularly those which may not

New Delhi, Just six weeks after the Glasgow climate summit (COP26), where the world agreed to phase down coal, Australia is opening the world's biggest new coal basin, the Galilee Basin in Queensland.

Coal giant Adani is commencing its first exports of coal from the Carmichael mine.

Adani says t

New Delhi, The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at National Stock Exchange (NSE) traded marginally higher on Wednesday.

At 10.15 a.m., Sensex traded at 57,993 points, up 0.2 per cent from its previous close of 57,897 points.

Similarly, Nifty traded at 17,247 points, up 0.

New Delhi, GlobalBees, a leading roll-up e-commerce company, has secured $ 111.5 million in series B funding led by Premji Invest.

The round also saw participation from existing investors, including SoftBank and FirstCry, while Steadview Capital became the latest investor to back the company.

With t

Prayagraj (Uttar Pradesh),  With the countdown to the annual Magh Mela on, the Yogi Adityanath government has issued an advisory to seers, saints and devotees arriving at the Mela township to come with a complete vaccination certificate.

The Mela administration has also made wearing of masks mandatory du

Puducherry, Despite the detection of two Omicron cases in Puducherry, the administration of the Union Territory has permitted New Year celebrations to be carried out amid strict Covid-19 protocols.

Puducherry Lt. Governor Tamilisai Soundararajan has directed the administration to take strict measures in this regar