The Reserve Bank of India (RBI) is planning to introduce wholesale a central bank digital currency (CBDC) in the call money market, an official said on Tuesday. He also said…
GST collections grew by 11% to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion. The gross GST revenue collected in August 2023…
The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday alleged that hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds…
Reliance Industries Limited (RIL) Chairman Mukesh D Ambani on Monday said that Jio Platforms will now focus its efforts on "India-specific artificial intelligence (AI) models and AI-powered solutions across domains".…
RBI Governor Shaktikanta Das on Wednesday said the frequent food price spikes pose a risk to anchoring of inflation expectations. “The frequent incidence of recurring food price shocks pose a…
On Wednesday, Reliance Industries announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL). "This investment…
The Centre on Saturday imposed a 40% duty on the export of onions to check price rise and improve supplies in the domestic market. The Union government will also offload…
The Reserve Bank of India (RBI) on Friday said that India’s foreign exchange reserves jumped USD 708 million to USD 602.161 billion for the week ended August 11. This is…
Union minister of commerce and industry Piyush Goyal on Thursday said that there are security concerns involved in the decision to restrict import of laptops. "Here is an issue, which…
The reduction in FAME subsidy is slowing down demand for electric two-wheelers and the manufacturers will now have to focus on achieving price reduction through R&D and innovation, CARE Ratings…
OpenAI said on Wednesday it had acquired digital products company Global Illumination. "The entire (Global Illumination) team has joined OpenAI to work on our core products including ChatGPT," OpenAI said.…
India’s consumer-based price index, or retail inflation in July surged to a 15-month high of 7.44% YoY from 4.87% in June, the National Statistical Office (NSO) said in a release…