Mumbai, Government consumption is expected to continue "pandemic-proofing" of demand, the Reserve Bank said on Tuesday.

In its Annual Report 2019-20, the Reserve Bank of India said that when the demands gets stabilised, private consumption is likely to lead the recovery.

"Going f

New Delhi,  The carrying of 'tazias' at Muharram in Delhi has been undertaken since medieval times but this will be the first time for 700 years that processions will not be carried out, said Syed Kashif Nizami, the custodian of the revered Hazrat Nizamuddin Auliya shrine.

"Even during the Partit

New Delhi, The Delhi High Court on Monday sought the response of the Central government, the Reserve Bank of India (RBI) and others on a petition seeking action against UPI payment app Google Pay for allegedly violating RBI guidelines related to data localisation, storage and sharing norms.

A division bench of Chi

New Delhi, Paytm Payments Bank Ltd (PPBL) on Monday said it has enabled banking services via Aadhaar cards for its customers.

With the integration of Aadhaar enabled Payment System (AePS), PPBL's customers can now access to basic banking services such as cash withdrawal, balance enquiry and obtain a mini state

Mumbai, Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors.

The 30 day grace period for repaying the interest on '5.60 per cent Senior Secured Notes due 2025' was to end on Monday.

"Today, w

Mumbai, The Indian stock market rose on Monday on the back of healthy buying in banking and finance stocks.

The S&P BSE Banking index rose by 2.45 per cent and the Finance index was up 2 per cent.

The BSE Sensex closed at 38,799.08, higher by 364.36 points or 0.95 per cent from the previous clos

New Delhi, The merger between Indiabulls Real Estate and Embassy is a strategic decision for both companies, said Jitendra 'Jitu' Virwani, Chairman and Founder of the Embassy Group.

In an interview with IANS, billionaire Virwani said that Embassy is predominantly Bengaluru-based while Indiabulls has a 95 p

Mumbai, JSW Energy on Monday said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15.

In a regulatory filing, the company said that Agarwal has decided to pursue career opportunities outside t

New Delhi, Railways Minister Piyush Goyal on Monday reviewed the progress of the ambitious Dedicated Freight Corridors, and was apprised that the Western Corridor, connecting Dadri in Uttar Pradesh to Jawaharlal Nehru Port (JNPT) in Mumbai, and the Eastern Corridor, starting from Sahnewal near Ludhiana (Punjab) to terminate

New York, US stocks rose with the S&P 500 closing above the 3,400 threshold for the first time, bolstered by gains in some big tech-related names.

On Monday, the Dow Jones Industrial Average jumped 378.13 points, or 1.35 per cent, to end at 28,308.46. The S&P 500 increased 34.12 points, or 1.00 per cent, t