In the early trade, the 30-share BSE Sensex fell 97.18 points to 65,697.55 in early trade. The Nifty declined 15.3 points to 19,716.50 points.
The Finance Ministry and RBI have been sensitising banks on this aspect at regular intervals amid the growing digitisation in the financial sector.
Audi India Head Balbir Singh Dhillon said the company has witnessed an 88% growth with 5,530 units retailed in January-September 2023. He said that the luxury car industry in India will surpass 2018 volumes and reach the 46,000-47,000 unit mark.
The Reserve Bank of India (RBI) on November 29, 2021, superseded the board of Reliance Capital in view of payment defaults and serious governance issues.
The company has been implementing several AI initiatives in the last few months, from infusing the technology into customer reviews to providing services that allow developers to build their own AI tools on its AWS cloud infrastructure.
In Asian markets, Seoul and Hong Kong settled lower, while Tokyo and Shanghai ended in the green. European markets were trading with gains. The US markets ended on a mixed note on Thursday.
SBI offers Yono Global services in 9 countries, starting with the UK operations in September 2019. SBI’s foreign operations have a total balance sheet size of USD 78 billion.
World Cup final 2023: Majorly all the online platforms like Booking.com, MakeMyTrip, and Agoda have witnessed a significant spike in searches for stays in Ahmedabad, mirroring the demand seen during the India-Pakistan clash.
According to reports, promoters of companies, under insolvency proceedings, are expected to settle their pending dues with banks, fearing loss of their personal assets.
In the early trade, the 30-share BSE Sensex fell 168.91 points to 65,507.02 in early trade. The Nifty declined 48.45 points to 19,627 points.
These supervisory restrictions will be reviewed after the rectification of said deficiencies to the satisfaction of the RBI, the central bank added. In August last year, the Reserve Bank issued guidelines on digital lending with an aim to protect the interest of borrowers.
The broader market indices also exhibited positive trends, with the BSE Midcap index advancing by 0.90 per cent and the BSE Smallcap index registering a rise of 1.13 per cent.
As the company became a major conglomerate, Roy's lavish lifestyle became a major source of attraction and he was seen rubbing shoulders with high-profile politicians and Bollywood celebrities. This saw a steep downfall when the Sahara scandal came to light in 2014, which ruined his reputation.
Stock markets: The 30-share BSE Sensex jumped 645.08 points to 65,578.95 in early trade. Meanwhile, the Nifty climbed 209.8 points to 19,653.35.
PRS Oberoi passed away on Tuesday morning, leaving behind a huge legacy. He was widely known as the doyen of Indian hospitality. He received numerous awards and accolades including the Padma Vibhushan, in recognition of his exceptional contribution to the country in tourism and hospitality.
PRS Oberoi, chairman emeritus of the Oberoi Group, passed away at 94 on Tuesday morning. The cremation ceremony will be held at the Bhagwanti Oberoi Charitable Trust, Oberoi Farm, Kapashera, starting at 4 pm on Tuesday.
The data's release is closely monitored by economists, policymakers, and the public as it provides insights into changes in the cost of living and purchasing power for citizens.
In the broader markets, the BSE Midcap index saw a modest rise of 0.10%, while the BSE Smallcap index experienced a slight decline of 0.01%.
India has become the first country to dispatch emergency relief materials to the earthquake-hit districts in Nepal.
In the early trade, the 30-share BSE Sensex fell 318.75 points to 64,940.70 in early trade. The Nifty declined 82.8 points to 19,442.75 points.
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