[ad_1] Image Source : FILE PHOTO As part of the restrictions, the two cooperative banks cannot grant loans, make any investment, incur any liability among other restrictions. The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition. With the imposition of…
[ad_1] Image Source : PTI (FILE IMAGE) Rupee opened sharply up at 79.55 against the US dollar, then gained further momentum to quote 79.39 in early deals. Highlights Rupee appreciated 30 paise to 79.39 against the US dollar in opening trade on Friday The 30-share Sensex was trading 594.25 points while NSE Nifty rose 182.85…
[ad_1] Image Source : INDIA TV The Indian agriculture sector provides livelihood to nearly 60% of the rural populace. India is known around the world for its agricultural prowess. The Indian agriculture sector provides livelihood to nearly 60% of the rural populace. The half-yearly GVA by agriculture and allied sectors is estimated to be 18.8%…
[ad_1] Image Source : PTI The RBI-DPI comprises 5 broad parameters that enable the measurement of the deepening and penetration of digital payments in the country. RBI Digital Payment growth: Digital payments across the country registered a growth of nearly 29 per cent in a year through March 2022, as per the RBI’s latest index…
[ad_1] Image Source : AP/REPRESENTATIVE 5G spectrum: Fifth round of bidding underway, auctions may conclude today Highlights 5G spectrum auctions entered the second day on Wednesday. Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani have put in bids. Telecom Minister Ashwini Vaishnaw said the response on the first day exceeded all…
[ad_1] Image Source : PTI Outside view of Bombay Stock Exchange (BSE) building. Highlights Benchmark indices fell in early trade on Wednesday amid weak trends in global markets. The 30-share BSE benchmark declined 75 points to 55,193.49 points in the early trade. Larsen & Toubro, Sun Pharma, Hindustan Unilever and UltraTech Cement were among some…
[ad_1] Image Source : PTI Tuesday was the Day 1 of 5G spectrum auctions. 5G spectrum auction: Information Technology minister  Ashwini Vaishnaw on Tuesday said that four rounds of 5G auction has got completed and a so far it is expected to have generated a revenue of around Rs 1,45,000 crores. “We have to complete…
[ad_1] Image Source : PTI/REPRESENTATIVE India’s biggest spectrum auction begins Highlights Reliance Jio, Bharti Airtel, Vodafone Idea and a unit of Adani Enterprises are in the race 5G offers ultra-high speeds (about 10 times faster than 4G) and lag-free connectivity It can enable billions of connected devices to share data in real-time 5G spectrum auction:…
[ad_1] Image Source : FILE PHOTO On Monday, the rupee for the first time declined to the low level of 80 against the US dollar in intra-day spot trading before ending the session 16 paise lower at 79.98. The rupee recovered from its all-time low of 80.05 to close 6 paise higher at 79.92 (provisional)…
[ad_1] Image Source : PTI Rupee falls 7 paise to all-time low of 80.05 against US dollar in early trade Highlights At the interbank foreign exchange, the rupee opened at 80 against the American dollar It then lost ground to quote at 80.05, registering a fall of 7 paise from the last close In initial…
