The landmark Community Reinvestment Act of 1977 will be extended to embrace internet and mobile banking services for the first time under Tuesday's plan. This means that regulators' grades for lending to low- and moderate-income...

Today is Vijaya Dashami, a festival with many different interpretations and celebrations throughout the Indian subcontinent. For some, it represents the noble Rama's victory over the fearsome demon king Ravana, emphasizing Rama's courage...

According to S&P Global Market Intelligence's latest PMI, China will be the world's third-largest economy by 2030, with a GDP of $7.3 trillion. Following two years of high economic growth in 2021 and 2022, the Indian economy has...

The rupee fell 6 paise to 83.18 (provisional) against the US dollar on Monday, owing to strong losses in domestic markets and a surge in US bond yields near 5%. According to FX brokers, falling crude oil prices and a flat dollar in global markets...

The shipping industry is being investigated by GST officials for failing to pay integrated GST on ocean freight. GST regulators are investigating the shipping industry for failing to pay past IGST dues on ocean freight. Several ocean liners are...

According to Bloomberg, Mukesh Ambani's Reliance Industries Ltd. is close to finalizing a multibillion-dollar agreement with Walt Disney Co. to acquire its India assets. Following the transaction, the RIL is projected to have a controlling...

WhatsApp, Meta's instant messaging network, is apparently going to expand the "View Once" function to include voice messages. It simply means that the audio message will be deleted after the recipient hears it. According to The...

Mamaearth's parent business, Honasa Consumer, may file for an initial public offering (IPO) by the end of this month. According to Moneycontrol, the much-anticipated edition is set to hit Dalal Street on October 31. The corporation, however,...

The October minutes of the RBI MPC indicated members' heightened attention on returning inflation to the 4% objective. While supply-side shocks were temporary, MPC members emphasized that their recurrence increased generalization risks. Some...

According to persons familiar with the situation, Vedanta Ltd. may lose its third chief financial officer in as many years, as the mining giant controlled by billionaire Anil Agarwal embarks on an ambitious restructuring of its...