Market expects more RBI intervention as Indian bond yields surge

Market expects more RBI intervention as Indian bond yields surge

Indian bond yields surged on Monday, tracking a rise in U.S. Treasury yields and as underwriters sold off bonds in the open market they were forced to buy at an auction on this Friday. Bond yields have seen an upward bias as investor appetite has...

Centre has released Rs 1 lakh crore for GST Compensation to states and UTs in four months since October

Centre has released Rs 1 lakh crore for GST Compensation to states and UTs in four months since October

The Centre has released Rs 1 lakh crore to states and UTs in four months since October 2020, to meet GST compensation shortfall, the Finance Ministry said on Saturday. The Ministry on Friday released the 17th weekly instalment of Rs 5,000 crore to...

Prime Minister Makes Pitch For Farmers, Asks States To Focus On Exports And Self-Reliance

Prime Minister Makes Pitch For Farmers, Asks States To Focus On Exports And Self-Reliance

Exhorting states to focus on exports and self-reliance, Prime Minister Narendra Modi on Saturday said commodities such as edible oils that India has been importing in large quantities can be locally produced, and the gains of that will accrue to...

6 Reasons Product Barcodes Are Important

6 Reasons Product Barcodes Are Important

An instantly recognisable staple of the business world, product barcodes are critical in allowing companies to effectively manage stock inventory, streamline their customer check-out experience, and track shipments between destinations....

Benefits of Implementing Conversational Marketing as A Competitive Advantage

Benefits of Implementing Conversational Marketing as A Competitive Advantage

Through one-to-one online conversations in real-time, Conversational Marketing is an alternative way to arrest, implement and connect with leads at a quicker rate without having to use lead capture forms. Having this one-to-one interaction is...

RBI Frames Guidelines to Strengthen Digital Payments Architecture in India

RBI Frames Guidelines to Strengthen Digital Payments Architecture in India

The Reserve Bank of India (RBI) has published detailed guidelines to build up India's digital payments architecture and improve security, control and compliance among banks, gateways, wallets and other non-banking entities that are at the...

Ajay Piramal gets the nod from RBI for DHFL acquisition

Ajay Piramal gets the nod from RBI for DHFL acquisition

Billionaire Ajay Piramal moved a step closer to acquiring the bankrupt mortgage financier Dewan Housing Finance Corp. Ltd (DHFL) with the Reserve Bank of India (RBI) clearing the company’s insolvency resolution plan. “We understand...

India's inflation target band up for review: states finance minister Nirmala Sitharaman

India's inflation target band up for review: states finance minister Nirmala Sitharaman

India's inflation target band of 2%-6% is up for review as the five-year term for the current monetary policy framework draws to a close, Finance Minister Nirmala Sitharaman said on Thursday. The band, on the basis of which monetary policy is...

With 5.7 Percent YoY Hike MSME Credit Growth Rebounds to Pre-COVID Levels

With 5.7 Percent YoY Hike MSME Credit Growth Rebounds to Pre-COVID Levels

Aided by the government’s credit guarantee scheme, credit growth by Micro, Small and Medium Enterprises (MSMEs) have made a strong rebound to the pre-Covid levels, with credit exposure at Rs 19.09 lakh crore as of September 2020, showing a...

Flipkart to work with Tamil Nadu government to help small-scale businesses

Flipkart to work with Tamil Nadu government to help small-scale businesses

E-commerce giant Flipkart has signed a memorandum of understanding with the Tamil Nadu MSME Trade and Investment Promotion Bureau to bring local artisans, weavers, craftsmen and SMBs into the e-commerce segment. The partnership under the Flipkart...

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