Cabinet Approves PLI Scheme to Boost Solar PV Module Manufacturing

Cabinet Approves PLI Scheme to...

The Centre on Wednesday approved a proposal for the implementation of...

Banks Sanction Rs 15 Lakh Crore Under Pradhan Mantri...

The Finance Ministry on Wednesday said banks and financial institutions have sanctioned Rs 14.96 lakh crore to over 28.68 crore beneficiaries in the last six...

Repo rate and reverse repo rate to remain the same;...

Reserve Bank of India governor Shaktikanta Das on Wednesday announced that the repo rate and the reverse repo rate will remain unchanged at 4 per cent and...

RBI doubles payments bank balance limit to ₹2 lakh to promote Digital payments

With the aim to promote digital payments banks in the country, RBI on Wednesday announced an increase in the maximum end of day balance for payment banks to ₹2 lakh. The earlier limit, which was in place since 2014, was set at ₹1 lakh per...

Pros And Cons Of Electronic Stability Control (ESC)

Accidents can happen for many reasons, such as unexpected or over speeding on a curvature part of the road, losing a vehicle’s stability. Modern vehicles feature dynamic stability control (DSC), electronic stability program (ESP), or electronic...

Mukesh Ambani Topped Forbes List as Richest Billionaire with $84.5 billion, Gautam Adani bags the 2nd place

Mukesh Ambani Topped Forbes List as Richest Billionaire...

With an estimated net worth of $84.5 billion, Reliance Industries Chairman...

IMF projects India's growth rate to increase to 12.5 per cent in 2021

IMF projects India's growth rate to increase to 12.5 per...

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for...

Economic recovery still shallow and a month's lockdown can dent GDP by 2%

Economic recovery still shallow and a month's lockdown...

India's economic recovery is still "shallow" and a month's national lockdown...

Meesho Becomes India’s Latest Unicorn After the social commerce platform raised $300-Million in Funds

Meesho became the nation’s latest unicorn after the social commerce platform raised $300 million in a fresh funding round which was led by SoftBank Vision Fund 2. The fundraising, that valued Meesho at $2.1 billion, also saw participation from...

Manufacturing PMI Stoops to 7-month Low in March Due to COVID Restrictions

The country’s manufacturing sector activity weakened sharply in March, with the IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) slipping to a seven-month low of 55.4 in March from 57.5 in February.

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