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Domestic passenger vehicle wholesales rise 2.94% in July: SIAM

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Domestic passenger vehicle wholesales rise 2.94% in July: SIAM

Two-wheeler domestic wholesales were down at 12,82,054 units last month, as against 13,81,303 units in July 2022. | file photo | Photo Credit: PTI Domestic passenger vehicles wholesales registered a 2.94 per cent year-on-year increase in July at 3,02,521 units, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday. As per the latest data…

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Soon, AI will let you make a UPI payment using voice

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Soon, AI will let you make a UPI payment using voice

In a move to make United Payments Interface (UPI) more user-friendly and to increase its popularity, the Reserve Bank of India (RBI) has proposed incorporating Artificial Intelligence-powered conversational features on UPI, to enable digital payments through voice commands. The RBI has also announced plans to enhance the transaction limit for small-value digital payments in offline…

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Home loan, other borrowers can switch to fixed-rate regime: RBI

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Home loan, other borrowers can switch to fixed-rate regime: RBI

The Reserve Bank said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. | Photo Credit: K. R. Deepak The Reserve Bank on…

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Markets fall in early trade ahead of RBI monetary policy decision

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Markets fall in early trade ahead of RBI monetary policy decision

 The 30-share BSE Sensex fell 235.99 points to 65,759.82. The NSE Nifty declined 64.2 points to 19,568.35. | Photo Credit: AP Benchmark equity indices declined in early trade on Thursday ahead of RBI’s monetary policy decision amid a weak trend in global markets. Investors also remained on the sidelines ahead of the U.S. inflation data…

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

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RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

The Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged, RBI Governor Shaktikanta Das said in Mumbai on August 10, 2023. | Photo Credit: Emmanual Yogini The Monetary Policy Committee (MPC) of the Reserve Bank of India on August 10 decided unanimously to keep the policy repo rate unchanged at 6.50%.  Consequently,…

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Government tells IT firms seeking deferral of import licensing regime to submit local production plan

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Government tells IT firms seeking deferral of import licensing regime to submit local production plan

The Centre has countered the IT hardware industry’s request to defer the new import licensing norms by 9-12 months, asking the players to submit a plan to ramp up domestic production in phases. Domestic players that The Hindu Businessline spoke with said that the Centre expects hardware companies to value-add in the local manufacturing of computers and…

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Area panel tells executive to assure fertilizer availability, build up native manufacturing

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Area panel tells executive to assure fertilizer availability, build up native manufacturing

The Status Committee of Parliament on Chemical compounds and Fertilizers, headed by way of senior Congress chief Shashi Tharoor, in its two reviews tabled right here on Wednesday, has posed questions at the availability of fertilizers and a subsidy coverage. The panel has additionally wondered the prime GST fee on parts of fertilizers. The reviews…

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To curb worth stand, Centre releases extra grain store underneath noticeable marketplace sale

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To curb worth stand, Centre releases extra grain store underneath noticeable marketplace sale

The Centre hopes that the measure will assure enough home availability and take a look at the costs of rice, wheat and atta.   | Photograph Credit score: REUTERS Involved over the rise in foodgrains costs, the Centre on Wednesday determined to moreover promote 50 lakh metric tonnes (LMT) of wheat and 25 LMT of rice…

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Develop indigenous Web browser, grab cash prizes

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Develop indigenous Web browser, grab cash prizes

India does not have a root certifying authority that is recognised or trusted by major web browsers such as Google Chrome, Mozilla Firefox, and Microsoft Edge. Which means Indian government and private websites are having to purchase SSL certificates from foreign certifying authorities. Image used for representational purposes only. | Photo Credit: Special Arrangement Cash…

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