SBI hikes MCLR by 10 basis points, second increase in a month; loan EMIs to go up
May 16, 2022 12:39 ISTThis is the second hike in a month raising the cost by 0.2 per cent with the two consecutive increases.
This is the second hike in a month raising the cost by 0.2 per cent with the two consecutive increases.
Netflix has updated its culture guidelines and added a section called "artistic expression" which details how the platform offers programming for many audiences.
In a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about its potential.
Fuel prices have hiked by a whopping 61.7 percent from Rs 72,062 per kilolitre to Rs 1.23 lakh per kilolitre since January this year.
The deal will make billionaire Gautam Adani's conglomerate the second-largest player in the domestic cement sector by acquiring the joint control of Holcim's two Indian step-down firms ACC Ltd and Ambuja Cement.
Discussing the impacts of cryptocurrency, the RBI officials said it will have a negative impact on the banking system as these being attractive assets people may invest their hard-earned savings in these currencies which may result in banks having lesser resources to lend.
India's labour force increased by 8.8 million to 437.2 million in April, one of the largest monthly increases since the beginning of the pandemic, CMIE Managing Director and CEO Mahesh Vyas said.
Earlier in April, prices of CNG in the national capital were hiked by Rs 2.50 per kg and that of piped cooking gas by Rs 4.25 per unit to record levels on the back of surge in raw material cost.
In statements released at the end of the three-day meeting on Germany's Baltic Sea coast, the G-7 pledged to provide further humanitarian aid to the most vulnerable.
Dineout, which serves millions across its network of 50,000 restaurants in 20 cities, will continue to operate as an independent app post the acquisition.
Prior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR), while Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC.
The 30-share BSE benchmark pared all intra-day gains and declined 136.69 points or 0.26 per cent to end at 52,793.62. During the day, it had rallied 855.4 points or 1.61 per cent to 53,785.71.
The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12. The government sold over 22.
Elon Musk had in April signed a $44 billion deal to take over Twitter. The deal was expected to close later this year.
Earlier this year, Forbes estimated Mukesh Ambani's net worth to be $90.7 billion, landing him at No.10 on this year's Billionaires list.
Bluechip Stocks To Buy, Bluechip Fund: The current downfall saw many stocks trading at a price that investors would have barely imagined after the marathon rally post-pandemic last year that took the index to 18,604.45.
The local currency lost Rs 1.7 (or 0.91 per cent) during the day to close at Rs 191.77, surpassing Wednesday's record low of Rs 188.66, The News reported.
RBI in an off-cycle announcement earlier this month hiked the key repo rate -- at which it lends short term money to banks -- by 0.40 per cent to 4.40 per cent to tame inflation.
The company had posted a net loss of Rs 34.53 crore for the January-March period a year ago, Spencer’s Retail said in a regulatory filing.
Air India would benefit from Wilson's added experience of having built an airline brand in Asia, N. Chandrasekaran, Chairman, Air India, was quoted as saying in a statement.
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