The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved capital infusion of Rs 2,000 crore in public sector company Export Credit Guarantee Corporation (ECGC), an official statement said. ECGC provides export... Read more »
Weakening for the third consecutive day, the Indian rupee touched a 19-month low of 68.70 per dollar on Wednesday due to rising crude oil prices and the ongoing trade war concerns. It... Read more »
Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including state-run banks. “UBHL... Read more »
The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in the red, they pared their losses around an... Read more »
Prime Minster Narendra Modi on Tuesday interacted with Indian business leaders in Mumbai representing a wide spectrum of the economy and discussed various policy reforms and initiatives of the government in the... Read more »
Weak global cues pulled the key Indian equity indices lower on Monday, with the benchmark BSE Sensex falling over 200 points. Heavy selling pressure was witnessed in the auto, banking and capital... Read more »
Reliance Jio Infocomm (RJIL) has signed a $1 billion equivalent term loan facility covered by Korea Trade Insurance Corporation (K-SURE) on June 22, 2018, a company statement said here on Monday. It... Read more »
Taiwanese technology company Acer on Monday brought its Altos “R880 F4” GPU server in India which was originally unveiled at the NVIDIA’s GPU Technology Conference (GTC) in Taiwan recently. “The balanced architecture... Read more »
Exports from the special economic zones (SEZs) of the country registered a growth of 38% in May 2018. The monthly exports data released by Export Promotion Council for SEZ and Export Oriented Unit (EPCES)... Read more »
By Dewang Mody Technology has been playing a significant role in spurring growth and innovation in India’s financial services sector. The new-age concepts of FinTech, e-KYC, cashless transactions, digital payments etc.... Read more »