India's forex reserves rise for second consecutive week
India's foreign exchange reserves extended their gains for the second straight week, after having slumped for about four months. In the week that ended on January 31, the forex kitty rose USD 1.05 ...
Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said in a note. As RBI embarks upon the rate cut cycle, Bank of Baroda said it ...
Delhivery to set up 50 dark stores; eyes Rs 100 crore revenue boost from 2-hour delivery service
The service is currently live in Bangalore, Hyderabad and Chennai, and the company has plans to expand it to cities like ...
Are deposit-free rentals a potential solution to Bengaluru's tenant struggles?
Under deposit-free rental scheme, tenants have to pay an annual premium of 6% of the deposit value instead of a hefty security deposit ...
Governor Thawarchand Gehlot rejects Karnataka government’s ordinance on regulating microfinance lending
The Karnataka government had proposed the ordinance in the wake of several suicides by borrowers due to coercive actions by ...
Deccan Herald18h
RBI permits opening of 156 vostro accounts with 26 banks for rupee trade
The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, ...
FDCI India Men's Weekend 2025 to be held at Diggi Palace in Jaipur
The Fashion Design Council of India has announced the third edition pf FDCI India Men's Weekend 2025 at Jaipur's Diggi Palace. The two-day long fashion extravaganza will be held on February 15 and 16.
Deccan Herald23h
RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years
The 25 basis points rate cut to 6.25% comes after last rate reduction in May 2020. The last revision of rates happened in ...