[ad_1] NEW DELHI: With RBI holding the benchmark interest rate on Friday, bankers and economists said the first monetary policy committee meet post general elections has instilled confidence and stability in the market and they expect the central bank to slash repo rate in the second half of FY25. The Reserve Bank of India (RBI)…
[ad_1] NEW DELHI: The operator of India’s busiest hub – Delhi’s IGIA – is back to the drawing board to figure out the “best possible option” for handling growing international traffic. While T2 will soon be shut after the expanded T1 opens later this month, Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar on…
[ad_1] ‘Make in India’ bullet trains on Vande Bharat platform! The Indian Railways has assigned the Integral Coach Factory (ICF) the task of domestically producing two standard-gauge bullet trains within the current fiscal year. This decision comes as negotiations with Japanese suppliers encountered obstacles due to pricing disagreements, according to officials.According to an ET report…
[ad_1] BENGALURU: Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport, has announced that Air India will begin non-stop services between Bengaluru and London Gatwick (LGW) starting on August 18, 2024. This new route will operate five times a week, enhancing connectivity for both business and leisure travelers.With this development, Bengaluru becomes the…
[ad_1] UPI Lite was introduced in September 2022 to enable small value payments. Cheer for UPI Lite users! The Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced new measures for UPI Lite users. The announcement was made as a part of the RBI’s Monetary Policy Statement. According to the new measures, users…
[ad_1] FRANKFURT: The European Central Bank (ECB) cut its key interest rate on Thursday by a quarter-point, first time since 2019, moving ahead of the US Federal Reserve as central banks around the world lean toward lowering borrowing costs – a shift with far-reaching consequences for home buyers, savers and investors. ECB cut its benchmark…
[ad_1] Latest fixed deposit interest rates: With the Reserve Bank of India (RBI) unlikely to cut interest rates in the near future, many investors have been flocking to fixed deposits to take advantage of the high FD rates.Recently, Yes Bank updated its FD interest rates, and SBI also made revisions last month. We compare the…
[ad_1] HYDERABAD: The Indian Institute of Technology Hyderabad (IITH) has entered into a strategic collaboration with Japanese advanced semiconductor solutions provider Renesas Electronics Corporation with an eye on boosting semiconductor innovation and talent development in the country.The three-year memorandum of understanding (MoU), facilitated by the IITH Japan Desk set up through Japan International Cooperation Agency…
