Economy

New Delhi: The Economic Offences Wing (EOW) of Delhi Police has arrested a former assistant vice president of the RBL bank for allegedly transferring Rs 19.80 crore from bank's two accounts to his own accounts in other banks. The…
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Bengaluru: Rural commerce tech platform VilCart on Saturday said it has raised $18 million in a Series A funding round led by Asia Impact SA, amid the deepening funding winter. With the new investment, VilCart aims to expand its…
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Chennai: The HDFC Bank closed the third quarter of FY23 with a net profit of about Rs 12,259 crore, the bank said in a regulatory filing. According to the HDFC Bank, it has posted a net profit of about Rs 12,259 crore for the quarter…
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Hong Kong: China, which is still the key Apple supplier, may lose its tag as leading iPhone manufacturer as Apple looks at India and Vietnam to bolster its supply chain, the media reported on Saturday. Largest Apple supplier Foxconn has…
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New Delhi: Coal Ministry Offered relaxation in Revision of Performance Bank Guarantee and extended Bid due date for Commercial Coal Block auction upto January 30. The Ministry of Coal had launched the sixth round and second attempt of…
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Chennai: Production Linked Incentive (PLI) Scheme, government financial support, exemption from Goods and Services Tax (GST) are some of the Budget 2023 wishlist of the Indian Space Association (ISpA). According to ISpA's Director…
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New Delhi: Telecommunication player Vodafone is reportedly planning to slash hundreds of jobs, mostly at its London-based headquarters, to cut costs in the global economic slowdown. The Financial Times reported that this will be the…
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Washington: The US Treasury Department said the country could default on its debt as soon as June. The US will reach the debt limit on January 19 on January 19 and then "extraordinary measures" will need to be taken, Treasury Secretary…
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New Delhi: EV charging solution provider Statiq on Saturday announced plans to install 20,000 electric vehicle (EV) charging stations across the country in FY23. The company claims to have over 7,000 public semi-public and captive…
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Chennai: The growth in deposits in Indian banks is in single digits and trails the credit growth, states a report by BNP Paribas Securities. In a research report, BNP Paribas said that the deposits are generally weak and CASA (current…
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