Business News Updates

SBI
EMI on loans likely to increase as SBI hikes base rate of lending

The new rates have come into effect from December 15.

  • Friday, 15 December 2023
  • SBI
Parliament security breach: Father of Sagar Sharma says his son influenced by his friend
'Reliance Industries largest wealth creator in 2018-23'

For the fifth time in succession, Reliance Industries has emerged as the largest Wealth Creator over 2018-23. This takes Reliance’s overall No.1 tally to 10 in the last 17 five-year study periods, as per Motilal Oswal 28th Annual Wealth Creation Study.

  • Thursday, 14 December 2023
Narayana Murthy
'Earn Rs 2.5L in 1 day': Infosys founder Narayana Murthy's new deepfake video surfaces

In the clip, Murthy’s lip movements seem clearly out of sync with the audio -- one of the strongest indicators of deepfake videos.

India's wholesale price inflation
India's wholesale price inflation surges out of negative zone to touch 8-month high

The WPI inflation was at -0.52 per cent in October and 2023 and 6.12 per cent in November 2022.

  • Thursday, 14 December 2023
Financial tasks before December 31st
5 Must-do financial tasks before December 31st to prevent losses, know here

Complete key financial tasks by December 31st: Nominate beneficiaries, update Aadhaar, use UPI, reactivate PAN, and revise locker agreements to avoid charges and penalties.

  • Tuesday, 12 December 2023
RBI
RBI cautions public against misleading advertisements on loan waivers

Members of the public are cautioned not to fall prey to such false and misleading campaigns and report such incidents to law enforcement agencies, the central bank stated.

  • Monday, 11 December 2023
  • RBI
PM Modi
PM Modi says govt wants GIFT City to be global hub of new age finance & tech services

PM Modi said, "I am confident, GIFT City's products and services will help solve the challenges facing the world. And all you stakeholders have a big role in this."

RBI hikes UPI payment limit to hospitals, educational institutes to Rs 5 lakh
RBI hikes UPI payment limit to hospitals, educational institutes to Rs 5 lakh

The RBI on Friday announced to raise the UPI payment limit to hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh presently.

  • Friday, 08 December 2023
  • RBI
RBI retained repo rate at 6.5%, announces Guv Shaktikanta Das
RBI retained repo rate at 6.5%, announces Guv Shaktikanta Das

The Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

  • Friday, 08 December 2023
  • RBI
Ratan Tata
Deepfake menace: Ratan Tata flags fake interview recommending investments in Instagram post

In a post on Instagram, Tata called out a post from a user by the name of Sona Agrawal that used a fake interview of him in a video recommending investments.

Gold Jewellery
Amid geopolitical concerns, gold prices hit new high as wedding season nears

In Bhubaneswar, 24-carat gold was priced at Rs 62,150, while the 22-carat gold was priced at Rs 57,700. In Rourkela, 24-carat gold was priced at Rs 64,400 and 22-carat gold at Rs 57,960.

Energy requirement in India set to double by end of this decade: Mukesh Ambani
Energy requirement in India set to double by end of this decade: Mukesh Ambani

India's energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday.

  • Saturday, 02 December 2023
Gold at lifetime high amid peak wedding season
Gold at lifetime high amid peak wedding season

The price of the precious metal in Mumbai, Delhi, Bengaluru and Kolkata was hovering at Rs 63,760 per 10 gm, which was Rs 810 higher than the previous day.

New Rs 2000 notes
Rs 2000 notes totalling Rs 9760 cr still with public: RBI

The Rs 2,000 bank notes were introduced in November 2016 following demonetisation of the then prevailing Rs 1,000 and Rs 500 bank notes.

  • Friday, 01 December 2023
  • RBI
Nifty at record high
Nifty at record high; Sensex jumps over 300 points

Wipro, HCL Tech, Infosys, Tech Mahindra, Titan and Mahindra & Mahindra were among the laggards.

  • Friday, 01 December 2023
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