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An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Over Rs 51K cr unclaimed money lies with FIs

The number of accounts not operated for more than 10 years in urban co-operative banks was 77 lakh and Rs 2,341 crore,...

15 Dec 2021 10:01 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

ADB lowers India's FY22 GDP growth to 9.7%

India had witnessed a strong 20.1 per cent growth rebound in Q1 of FY22

15 Dec 2021 9:59 AM IST

Aditya Birla Fashion and Retail Ltd. (Photo- twitter)

Aditya Birla Fashion buys Reebok rights

A long-term licensing agreement between ABFRL and Authentic Brands Group gives exclusive rights to distribute and sell...

15 Dec 2021 9:44 AM IST

At Netflix, Verdu will be reporting to Greg Peters, Netflixs chief operating officer and chief product officer. (Photo: Twitter)

Netflix cuts subscription rates in India

The Standard plan will be charged at Rs 499 per month, while Premium will be available at Rs 649 a month

14 Dec 2021 10:08 AM IST

They also reaffirmed their commitment to implement the strategy for Brics Economic Partnership 2021-25 and welcomed the launch of the Brics agricultural research platform. (PIB/PTI)

Brics recovery hinges on vaccination

Going forward, the pace and efficacy of vaccination is going to be the most important determinant of economic recovery

13 Dec 2021 9:33 AM IST

E-commerce has been one sector which has been recording phenomenal value growth during festive season year-after-year.

Retail sector looks to hire freshers

The pandemic has created a new retail shopping experience which is leading to rise of jobs and opportunities for...

13 Dec 2021 9:31 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Covid fear: Gold ETFs see high inflow in November

The higher inflow saw the assets managed by the funds touching Rs 18,104 crore in November against Rs 17,320 crore in...

13 Dec 2021 9:29 AM IST

As Indias largest private sector port developer and operator, we will accelerate Indias and APs industrialisation, Adani Group Chairman Gautam Adani said in a tweet. (Image credit: Twitter/@Adaniports)

Firms see Covid as top risk

The extent to which the coronavirus disease may affect our business and operations in the future is uncertain and cannot...

13 Dec 2021 9:26 AM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Govt unlikely to announce capital infusion for PSU banks in Budget...

To augment their resources, banks would be encouraged to raise funds from the market

12 Dec 2021 11:19 AM IST

Garg, who is in his mid-40s, cited market efficiency, performance and productivity as the reason behind the firings. (Representational Image: Reuters)

Indian-origin CEO who fired 900 on Zoom call takes time off after...

On Dec 1 over a Zoom call that lasted less than 3 minutes, Garg abruptly fired more than 900 employees, about 9% of the...

11 Dec 2021 2:32 PM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Duties fail to make dent in gold imports

The duty benefits led to rapid expansion of refining capacity in India, with number of refineries growing from three in...

10 Dec 2021 9:24 AM IST

Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic. (PTI Photo)

Housing prices to move up 5% in 2022: Report

While 2021 was mostly impacted by pandemic-induced volatility, 2022 may prove to be a more stable year for the sector

10 Dec 2021 9:22 AM IST