Unacceptably high inflation led to 50 bps rate hike: RBI guv
The “unacceptably high” inflation trending around 7 per cent mark led the Reserve Bank of India to hike rates by an aggressive 0.50 per cent […]
Day: August 5, 2022
HDFC raises $1.1 billion ‘social loan’ for financing affordable housing segment
Mortgage lender HDFC Ltd on Friday said it has raised $1.1 billion (around Rs 8,700 crore) from a clutch of investors under ‘Syndicated Social Loan […]
ED freezes over Rs 64 crore bank deposits of crypto exchange WazirX
The Enforcement Directorate (ED) on Friday said it has frozen bank deposits of Rs 64.67 crore as part of a money laundering probe against crypto […]
Why a tightening monetary policy may not be effective?
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Imported inflation big concern: Key highlights from RBI monetary policy
Despite global headwinds, the RBI maintained its growth forecast for FY23 at 7.2 percent. Business News: Latest News on Business, Stock Markets, Financial News, India […]
Loan EMIs to go up after RBI hikes rates by 50 basis points to 5.4%
This the third straight hike by the central bank in four months and is expected to hike borrowing costs for corporates and individuals. Business News: […]
Pay GST for calling off hotel bookings
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Twitter: Elon Musk making up excuses to breach deal
Elon Musk wooed Twitter’s board with a $54.20 per-share offer, but then in July announced he was ending their agreement because the firm had misled […]
5G should be priced at premium to 4G with more data: VIL MD
Debt-ridden Vodafone Idea expects 5G to be priced at a premium with more data bundled with plans compared to 4G services at present, a top […]