After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it has blocked these cards and is issuing new ones to the customers.
Category: BUSINESS
NDA rule has shown superior numbers on GDP growth, inflation, unemployment compared to UPA
The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to the UPA regime, broking firm Prabhudas Lilladher said.
RBI crackdown triggers crash in Kotak Bank shares
The RBI had, on Wednesday evening, barred Kotak Mahindra Bank, with immediate effect, from taking on new customers and issuing fresh credit cards.
Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers
Infina Finance, one of the promoter group entities of Kotak Mahindra Bank which was barred by the RBI on Wednesday from onboarding new customers, had donated electoral bonds worth Rs 60 crore to the BJP.
RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy
While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the world’s third-largest economy.
Sensex gains more than 300 points
BSE Sensex gained more than 300 points on Monday as geopolitical tensions eased and crude oil prices declined.
Direct tax collections shoot past budget target by Rs 1.35 lakh cr in 2023-24
The net direct tax collections, comprising corporate tax and personal income tax shot up to Rs 19.58 lakh crore in 2023-24, compared to Rs 16.64 lakh crore in the preceding financial year, representing a double-digit increase of 17.7 per cent.
Elon Musk confirms not coming to India amid crucial Tesla quarter results
Elon Musk, on Saturday, confirmed that he will not visit India this month amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans.
How Adani Ports unlocked growth potential of India's seaports after acquisitions
India's largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including international ports), setting a new milestone in its journey.
Sensex, Nifty witness worst week since March 15 amid Iran-Israel conflict
Intraday, the benchmarks declined nearly 1 per cent amid investor concerns that the West Asia turmoil might escalate to a war. During the day, the Nifty slipped as much as 0.99 per cent to 21,777.65, while the Sensex fell 0.93 per cent to 71,816.46 before bouncing back.
5-month-old grandson of Infosys' Narayana Murthy gets richer by Rs 4.2 crore
Ekagrah Rohan Murty, the five-month-old grandson of Infosys founder N. R. Narayana Murthy, is set to get richer by at least Rs 4.2 crore as the IT bellwether announced final and special dividends.
Sensex gains 42 points, but analysts predict market uncertainty ahead over tension in Middle East
The BSE Sensex is up 42 points and trading at 72,986 points on Thursday. However, tensions in the Middle East and a hawkish stance by the US Fed are likely to weigh on the stock markets, say analysts.
Google sacks 28 employees involved in protests over Israel govt contract
Tech giant Google has laid off 28 employees who were involved in sit-in protests at its offices over a Google contract with the Israeli government.
IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
Stepped-up allocations for agriculture, rural employment schemes such as MNREGA and special programmes for women self-help groups have helped to bolster rural demand and create a larger market for industrial products.
Adani Family further infuses Rs 8,339 crore in Ambuja Cements, increases stake to 70.3 per cent
The Adani Family on Wednesday said it has fully subscribed to the warrants programme in Ambuja Cements by further infusing Rs 8,339 crore, increasing its stake in the building material company to 70.3 per cent.
Indian economy resilient, fundamentals of stock exchanges very strong: NSE CEO
The fundamentals of stock exchanges are very strong and the ongoing geo-political situation in the Middle East is not going to have any significant impact on the Indian economy, National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan said on Monday.
Ambuja Cements acquires My Home Group's 1.5 MTPA cement unit in TN for Rs 413.75 cr
In a bid to enhance coastal footprint across southern markets, the Adani Group’s building material company Ambuja Cements on Monday announced to acquire My Home Group's 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu, for Rs 413.75 crore.
From Fragile 5 to Top 5: Statistics from 2014 to 2024 show India’s epochal journey
While the Centre and Opposition may spar over the country’s growth trajectory in the past few decades, there is no denying the fact that the economy logged a significant uptrend during the Modi government, starting from 2014 to 2024.
Reliance Retail’s Tira Launches first own label ‘Tira Tools’: A Line of Premium, Curated Beauty Accessories
Reliance Retail's Tira Beauty announces the launch of its proprietary brand, "Tira Tools," a distinctive line of beauty accessories catering to the modern consumer's needs. This marks Tira's foray into the realm of accessories, presenting a curated selection of high-quality products designed to elevate beauty routines effortlessly.
Centre directs gas-based power plants to start ops amid rising summer demand
In order to help meet the high electricity demand in the country during the summer season, the government has decided to operationalise gas-based power plants, the Ministry of Power said on Saturday.
India’s forex kitty surges to new all-time high of $648.56 bn
India's foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562 billion, data released by the RBI showed on Friday.
How Tesla can reach $3.6 billion in revenue from EV sales in India by 2030
The electric cars priced around $25,000 (Rs 20 lakh and above) will have at least a 15 per cent market share by 2030, according to the latest industry data.
Adani Gas subsidiary joins MG Motor India to install charging stations to boost India’s EV goals
In a bid to help India build a robust and efficient EV charging infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL) and MG Motor India on Monday signed a memorandum of understanding (MoU), which is aimed at enabling ease of use and increased accessibility for customers.
Australian envoy to India discusses future collaborations with Gautam Adani
Adani Renewables Australia's first solar farm Rugby Run near Moranbah was officially opened in October 2019, supplying 65MW of renewable energy powering about 23,000 Queensland homes.
India’s forex reserves surge to lifetime high of $645.58 bn
India's foreign exchange reserves rose for a sixth consecutive week to hit a historic high of $645.58 billion for the week ended March 29, according to RBI data released on Friday.