Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by keeping fiscal deficit…
Feb 01, 2025 06:49 PM IST The huge transfer of funds will help the government to narrow its fiscal deficit to 4.4 per cent of the GDP. To offset a drop in income tax revenues because of the cuts announced in the Union Budget, the Central government expects the Reserve Bank of India (RBI) and…
Feb 01, 2025 05:00 PM IST Electric SUV options in the market that offer long-range include Hyundai Creta Electric, MG ZS EV and more. After the recent Auto Expo held in New Delhi, the Indian electric SUV market is buzzing with new options giving people more choices than ever before. Hyundai launched the Creta Electric…
(Bloomberg) — New York City’s rideshare regulator said Uber Technologies Inc. and Lyft Inc. are “spreading disinformation” in emails sent to drivers and riders about proposed rules that would give drivers a roughly 6% pay hike. NYC’s Taxi and Limousine Commission, or TLC, which regulates yellow cabs and rideshare vehicles, rebuked the companies in messages…
Follow all the updates here: Jan 31, 2025 10:34 PM IST The live updates for this blog have now concluded. Jan 31, 2025 9:27 PM IST Economic Survey 2025 LIVE: BJP minister says ‘ES reflects govt transformative impact on India’s marine sector’ The Economic Survey reflects the Narendra Modi government’s transformative impact on India’s Marine…
Last Updated:January 31, 2025, 11:38 IST According to NPCI’s latest circular, UPI IDs containing special characters such as #, @, or $ will be blacklisted. From February 1, UPI IDs will only be allowed to include numbers (0-9) and letters (A-Z) By December 2024, the number of UPI transactions had reached 16.73 billion, reflecting an…
Gold price enters a bullish consolidation phase after touching a fresh all-time peak on Friday. Rebounding US bond yields underpin the USD and cap the upside for the XAU/USD pair. Traders now look forward to the release of the US PCE Price Index for a fresh impetus. Gold price (XAU/USD) extends its sideways consolidative price…
Ola Electric Share Price Today Live Updates : On the last trading day, Ola Electric opened at ₹66.79 and closed at ₹66.02, marking a slight decrease. The stock reached a high of ₹68.43 and a low of ₹66.32 during the day. With a market capitalization of ₹27,890.05 crore, Ola Electric’s shares traded heavily, with a…
Blackstone allays investors on data center investments DeepSeek’s low-cost AI model upended global markets Analysts remain optimistic on data center investments despite emergence of DeepSeek By Niket Nishant and Manya Saini Jan 30 (Reuters) – Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models…
Markets regulator Securities and Exchange Board of India (Sebi) on Thursday imposed penalties of Rs 7 lakh and Rs 5 lakh on Motilal Oswal Financial Services (MOFSL) and Anand Rathi Share & Stock Broking, respectively, in separate cases after conducting inspections for alleged violation of stock broking norms. The penalty was slapped on MOFSL after…
