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Silver Lake, co-investors to invest additional Rs 4,546.80 cr in Jio platforms

Reeliance Industries Limited and Jio Platforms Limited on Saturday announced that American private equity giant Silver Lake and its co-investors will invest an additional...

India ‘s fuel demand recovery gathers pace in May; sales almost double compared to April

India's fuel demand recovery gathered momentum in May as easing of lockdown restrictions helped nearly double the sales when compared with the previous month,...

moratorium extended, repo rate cut: RBI’s fresh virus-fighting boost in 10 points RBI governor Shaktikanta Das not only announced an extension of existing Covid-19...

Reserve Bank of India (RBI) on Friday announced a fresh set of measures in the wake of the coronavirus crisis in the country and...

Rupee settles 14 paise lower at 75.80 against US dollar

The rupee depreciated by 14 paise to 75.80 (provisional) against the US dollar on Wednesday as headwinds due to US-China trade tiff and worries...

Package for financial sector to ease asset risks, but won’t fully offset COVID-19 blow: Moody’s

Moody's Investors Service on Tuesday said the measures announced by the government for financial institutions as part of Rs 20 lakh crore-economic package will...

Banks adopting different procedures while releasing pensions: Govt

Banks are adopting different procedures while releasing pension or seeking certificates from pensioners at different periodicity, the Personnel Ministry has said. The ministry has...

COVID-19 Emergency: World Bank approves USD 1 billion additional aid to India

The World Bank on Friday approved USD 1 billion social protection package for India linked to Central government's programmes. World Bank also said that...

Fiscal deficit to balloon to 7.9% in FY21: Report

The government has announced a cumulative package of Rs 20 lakh crore, which is nearly 10 per cent of GDP to provide relief to various...