Business

Online Lending in India will soon have to follow new guidelines. RBI Governor Shaktikanta Das today said, the central bank would release rules to control digital lending over the coming weeks. The governor of the RBI highlighted that the reserve bank has exercised prudence because the situation with digital lending has taken longer than anticipated and is more complicated than first thought. “It has taken more...

The GST Council Meeting which is on currently, on Tuesday approved changes in the tax rates on some goods and services with a view to rationalising the levy. Few recommendations are also being discussed in length. On the opening day of the meeting of the panel headed by Union Finance Minister Nirmala Sitharman and comprising of representatives of all states and UTs, a host of...

According to a report by Counterpoint Research, Apple iPhones continues to dominate the premium phone market in the world, according the latest report by Counterpoint Research. The report suggests Apple led the global best-selling smartphone list with five models, followed by Samsung and Xiaomi with four and one smartphone respectively. A premium phone is categorized, as any gadget that costs more than $400 (roughly above...

LIC IPO Listing, is the most awaiting listing on stock market this week. After overwhelming response to the mega IPO of Life Insurance Corporation (LIC) , the investors are eagerly awaiting the listing performance. Life Insurance Corporation of India (LIC) will list on the stock exchanges tomorrow, following the initial public offer (IPO) which was oversubscribed nearly three times the issue size. The government has...

The Indian rupee has depreciated against dollar, and is it expected to fall on Tuesday due to global risk aversion, further FII withdrawals, and a strong dollar. The local currency lost 60 paise to close at an all-time low of 77.50 against the US dollar in the previous session, weighed down by the greenback's strength overseas and continuing foreign fund outflows. “The US dollar advanced...

Elon Musk has made an irresistible offer to acquire Twitter. That's what he wrote on twitter. Looks like he has launched an aggressive takeover bid for Twitter, affirming it was a "best and final offer" and that he was the only person suitable of unlocking the full potential of the micro-blogging platform. Elon Musk offered $54.20 a share, which values the social media firm at...

Shiba Inu cryptocurrency is finally listed on Robinhood App and it is now available to 2 million waitlisted users, after it listed the Shiba Inu in their trading in their list on Tuesday. After which the crypto, Shiba Inu, Solana are having a remarkable run in the platform. The launch of the meme coin Thursday was part of a larger expansion of the trading...

Card less cash withdrawal at Bank ATM's will be a reality soon. The RBI is set to roll out this initiative to check bank fraud. The Reserve Bank of India on Friday decided to permit all banks to introduce this service. Currently, card-less cash withdrawal through ATMs is a permitted mode of transaction offered by a few banks in the country on an on-us...

Tata Motors Electric SUV has created a lot of excitement and anticipation on Wednesday in New Delhi. The auto major showcased the concept of its new electric SUV, Curvv, targeted for launch in the next two years. The Curvv EV concept, whose dimensions remain secret, could possibly serve as the long-range version of the Tata Nexon EV. Similar to the Nexon EV, the Curvv...

Adani Group, Shares of Gautam Adani led has become the most loved stocks in Indian Stock market in the last 30 days, and the returns for the investors over the last one month has been phenomenal. While the electric utilities company Adani Power zoomed as much as 92 per cent in the last one month; similarly, recently listed Adani Wilmar too had surged a...