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RBI tightens norms to check evergreening of loans by lenders through AIFs

In a move to curb "evergreening" of loans, the Reserve Bank on Tuesday barred banks and NBFCs from investing in any scheme of Alternative...

Sensex, Nifty hit new record highs

Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before closing with gains on the back of...

Rupee falls 9 paise against US dollar

The rupee declined by 9 paise to settle at 83.19 (provisional) against the US dollar on Tuesday due to dollar buying by importers amid...

Karur Vysya Bank, HDFC Life enter into corporate agency tie-up

Private sector Karur Vysya Bank and HDFC Life have entered into a corporate agency agreement to offer life insurance products to their respective customers. This...

Telecom Bill 2023 progressive, forward-looking: Industry captains

The industry on Tuesday said the new telecom Bill introduced in the Lok Sabha is progressive and forward-looking, and marks groundbreaking reforms by streamlining...

Bank fraud: ED seizes Rs 78 lakh worth valuables, documents after raids on 2 companies

Valuables worth Rs 78 lakh were seized after the Enforcement Directorate conducted searches against some oil and gas sector companies as part of a...

Govt approved 50 solar parks in 12 states : R K Singh

A total of 50 solar parks with a combined capacity of 37,490 MW have been approved in 12 states till November 30, Parliament was...

LS passes bill to raise age limit of president, members of GSTAT

The Lok Sabha on Tuesday passed a bill to raise the age limit of the president and members of the GST appellate tribunal. Piloting the...

Indian airlines likely to prune losses to Rs 3,000-5,000 cr : ICRA

Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal from an estimated Rs 17,000-17,500 crore in...

Ex-min Somireddy’s ‘deeksha’ foiled

In the early hours of Tuesday, police thwarted the peaceful protest, or 'Deeksha', initiated by Telugu Desam Party (TDP) senior leader and former minister...

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