The Reserve Bank of India (RBI) will purchase bonds worths ₹25,000 on Thursday as part of its security acquisition programme (G-SAP 1.0), under which it will buy bonds worth 1 lakh crore from the secondary market in the three...

The Centre has appropriated an additional Rs 78,000 crore in net (post-devolution) tax revenue in FY21, with all major tax heads yielding revenues substantially higher than the respective revised estimates (RE) shown in the Budget. According to...

Bharat Petroleum Corp. Ltd. (BPCL) has teamed up with Accenture Plc to transform its sales and distribution network digitally. The IT consulting company will use its capabilities in data, artificial intelligence (AI) and cloud technologies to...

As equity linked mutual funds schemes witnessed net inflows for the first time in nine months in March, Yes Bank, SBI Cards and Payment Services, and Havells India Ltd were among the top bought stocks in the large cap by mutual funds last month....

As the economy moves to a recovery path after a sharp decline last year amid the pandemic, a study has shown that 59 per cent of companies in India are intending to give salary increments to their employees in 2021. According to staffing...

A second wave of coronavirus infections in India and new restrictions imposed to contain this surge pose a credit-negative threat and risks weakening the country's economic recovery, Moody's Investors Service said. "The (second wave)...

Power usage in the country grew nearly 47 per cent in the first week of April to 28.34 billion units (BU) over the consequent period a year ago, showing strong recovery in industrial and commercial demand of electricity, as per power ministry...

Even as the second Covid-19 wave threatens to weaken demand and hurt sales, corporate earnings for the January-March period will surge, thanks largely to a helpful base. But the numbers are expected to be reasonably good even after adjustments to...

Foreign portfolio investors (FPIs) have withdrawn a net ₹929 crore from Indian markets so far this month amid the concerns over rising Covid-19 cases denting the economic recovery. The reversal of buying trend came after FPIs invested ₹17,304...

The finance Ministry has requested the Union Home and Health Ministries to enable Covid-19 vaccination on “priority basis” to bank staff and National Payments Corporation of India (NPCI) employees regardless of age, who are on the...