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Regulated Entities would compensate borrower at the rate of Rs 5,000 for each day of delay Mumbai: The Reserve Bank on Wednesday directed banks and financial institutions to release all original movable or immovable property documents and remove charges registered with any registry within 30 days after full repayment of a loan by the borrower….
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Tesla is likely to ramp up its sourcing from India this year to a little under $2 billion and while the government is keen to attract investors like the Texas-based electric automobile player, it will frame a policy for the sector that does not favour a single player, Commerce and Industry Minister Piyush Goyal said…
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Union Minister Piyush Goyal during the 63rd Annual Session of Automobile Component Manufacturers Association of India (ACMA), at Hotel Taj Palace in New Delhi. | Photo Credit: ANI Tesla is likely to ramp up its sourcing from India this year to a little under $2 billion and while the government is keen to attract investors…
Read More “Tesla to source almost $2 billion from Indian auto part makers in 2023: Goyal” »
New Delhi: Adani Enterprises Ltd said on Wednesday that its arm Adani New Industries Ltd has received a key international certification and will now be able to start production of 5.2 MW series wind turbine generators for global markets. The company was so far manufacturing and supplying 5.2 MW Wind Turbine Generators (WTGs) for domestic…
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Watch | Why is the global biofuels alliance critical for India? India announced its Global Biofuels Alliance at the recently concluded G-20 Summit in New Delhi. The country was the chair for this year’s G20 alliance. Nineteen countries and 12 international organisations have agreed to participate. Why is the announcement significant? Biofuels have, after all,…
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Apple unveiled iPhone 15 range with USB Type-C ports. Apple made a major switch in its latest gadgets, including the iPhone that accounts for more than 80 per cent of the smartphone industry’s profits. It is one of the most-talked-about thing in the tech world, since Apple earns a substantial revenue from the accessories that…
Read More “Will Apple’s Switch To USB Type-C Impact It Financially? Explained” »
Zaggle Prepaid Ocean is a leading fintech player in spend management (Representational) New Delhi: Equity investors are gearing up for another public offer that is ready to hit the Indian markets this week – the Zaggle Prepaid Ocean IPO (initial public offering). Zaggle Prepaid Ocean is a leading fintech player in spend management, with more…
Representational image only. | Photo Credit: The Hindu The Rupee witnessed a range-bound trading against the U.S. dollar in early trade on September 13, as the support from positive macroeconomic data was negated by elevated crude oil prices and a firm American currency. Forex traders said domestic retail inflation data and industrial production figures were…
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File. | Photo Credit: PTI Equity benchmark indices declined in early trade on September 13, with the BSE Sensex halting its eight days of rally, amid weak trend in global markets and fresh foreign fund outflows. Also, high valuation concerns of the domestic market made investors cautious. The 30-share BSE Sensex declined 167.77 points to…
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As per the latest RBI’s directive, the borrower will be given the option of collecting the original movable / immovable property documents either from the branch where the loan account was serviced or from any other office of the RE where the documents are available. The Reserve Bank of India (RBI) has issued directions to…
