Career and Business News Updates

What is ICICI Videocon Kochhar Case & Mode of Fraud ?

Business News

ICICI Videocon Kochhar Case & Mode of Fraud - Here's what you need to know about this high-profile case involving one of the leading bankers of the country. 1. The CBI alleged that the ICICI Bank granted rupee term loans worth ?1,875 crore to ...

RBI Hikes Repo Rate To 6.25%, Loan EMI Goes Up

Business News

RBI Hikes Repo Rate by 0.35% with immediate effect to 6.25%. Due to higher inflation, the Reserve Bank of India had announced a 35-basis-point increase in the repo rate to 6.25 per cent. The RBI Monetary Policy Committee (MPC) voted to raise the ...

Canara Bank Awarded the Best Bank In India For 2022

Business News

Canara Bank Awarded the Best Bank In India For 2022 by the UK prestigious financial magazine the Banker’s magazine. The award was announced for the India segment at the Global Banking Summit, held in London, UK from November 29, 2022, to December 1, ...

Foreign Money Remittance to India Has Reached $100 Billion this Year

Business News 1

Foreign Money Remittance to India has Reached $100 Billion this Year and as per World Bank expectation, it is going to retain its spot as the world’s top recipient of remittances. The remittance from the rich countries like US, UK, Singapore has ...

How to Use Digital rupee (e?), How it Differs from Physical Notes ?

Business News

Know how to Use Digital Rupee - RBI launches Digital Rupee which is different from the physical bank notes and will be denoted as (e?). The Digital rupee (e?), is the trading name of Central Bank Digital Currency (CBDC), which is a digital form of ...

List of Indian Companies in Fortune 500

Business News

List of Indian Companies in Fortune 500: LIC has recently been listed in the stock market. After the listing, Life Insurance Corporation (LIC) has joined the list of Fortune Global 500. At the same time, Reliance has jumped 51 places in this list. ...

New GST Rates: These Food Items will be costlier

Business News

New GST Rates has been implemented by Government of India majorly for food items and banking services which are going to be costlier. Among the key items that have undergone rate change, packaged and labelled food items, weighing upto 25 Kg per ...

Half of IndiGo Flights Delayed on Air India Hiring Day ?

Business News

Half of IndiGo Flights Delayed on Air India Hiring Day - The country’s aviation regulator Directorate General of Civil Aviation (DGCA), which has sought a clarification from IndiGo after 55% of its domestic flights got delayed on July 2. The reason ...

Canara Bank Issued QIP at Rs 103.50 Per Equity Share, LIC Largest Investor

Business News

Canara Bank QIP Issued - Public Sector Canara Bank has successfully issued and raised Rs 2,000 crore equity capital by issuing qualified institutional placement (QIP) of over 19 crore shares to eligible investors. LIC is the largest investor in the ...