The Reserve Bank of India has imposed penalties on Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance, including KYC violations and lack of...

Russia's Central Bank raises key lending rate to 18% to combat soaring inflation, driven by Western sanctions and high consumer demand.

RBI's Digital Payments Index (RBI-DPI) shows a 12.6% increase in digital payments in India by March 2024, driven by growth in payment performance and infrastructure.

Gold prices in India tumbled Rs 1,000 to Rs 70,650 per 10 grams on Thursday, driven by weak demand and a fall in global markets. Silver prices also dropped sharply.

China has cut its benchmark interest rate to stimulate its slowing economy, the biggest reduction since the COVID-19 pandemic. The move comes amid global market downturns and concerns over China's...

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.

India's government is expected to decide on a sugar MSP hike in the coming days, according to Union Food Secretary Sanjeev Chopra. The current MSP has remained unchanged since 2019, while...

ICICI Bank reports a 10% rise in consolidated net profit for the June quarter, reaching Rs 11,696 crore. Standalone profit also increased to Rs 11,059 crore.

Marina Harley-Davidson has opened its second dealership in Chennai, offering sales and service for premium Harley-Davidson motorcycles. The new facility is located in Velappanchavadi.

India's steel production is projected to surpass 300 million tonnes by 2030, fueled by strong infrastructure push and robust GDP growth. The government aims to reduce carbon footprint in the steel...

Himachal Pradesh will build a Rs 350 crore medical devices park with its own funds, rejecting central funding. The park will be built on 265 acres and will be a source of income for the state.

Cholamandalam Investment and Finance Company has appointed Ravindra Kumar Kundu as its Managing Director for a five-year term starting October 7. Kundu has been with the company for 24 years and...

Punjab National Bank (PNB) reported a significant jump in its Q1 FY25 profit, driven by a decline in bad loans and improved interest income. Learn more about PNB's financial performance.