RBI
Finance
Why rupee's drop below 69 to a dollar for first time will hurt India
On Thursday, the Indian rupee breached the psychologically significant mark of 69 to a US dollar for the first time ......
General
India unwrapped: Former president hogs limelight; rate hike adds to govt's worries
The ruling Bharatiya Janata Party (BJP) had been on the back foot for several weeks on the trot. This week, ......
Economy
RBI ups rates for first time in Modi regime; what it means for economy, investors
The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate for the time in more than four ......
TMT
P2P lending startup Cashkumar secures angel investment
Cashkumar, a peer-to-peer (P2P) lending startup, has raised angel investment of Rs 5 crore (around $735,000) through deals platform LetsVenture.The ......
Manufacturing
Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House
A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......
TMT
Angels back P2P lending platform PaisaDukan in second seed round
Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns yet-to-be-launched peer-to-peer lending marketplace PaisaDukan.com, has raised $225,000 (Rs 1.5 crore) ......
Finance
Interest rates could rise soon as RBI panel signals shift to hawkish stance
India's central bank could take a more hawkish tone starting as early as June despite easing inflation, minutes of the ......
TMT
Freshworks' Mathrubootham, India Quotient's Lunia invest in Singapore's ZPX
Singapore’s blockchain firm ZPX on Thursday said it has raised $1.3 million (Rs 8.4 crore) in a fundraising round led ......
Economy
RBI holds repo rate at 6%, keeps policy stance ‘neutral'
The Reserve Bank of India kept its policy rates on hold on Thursday and retained its “neutral” stance but lowered ......
Finance
India's stressed bank assets rise to $146 bn in December
Soured loans at India’s banks rose in the three months to December to 9.5 trillion rupees ($145.9 billion), after declining ......
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