As many as 111 applications were received so far seeking authorization for the import of IT products, a government official said.
The move comes as Byju’s has already let go of thousands of employees this year, while grappling with multiple legal and financial woes.
Shaktikanta Das said the RBI had collected a list of loan apps from its regulated entities — banks and NBFCs — and given it to the Ministry of Electronics and IT.
The Enforcement Directorate last week arrested three vivo-India executives in connection with its money laundering probe against the Chinese smartphone maker and some others.
The 50-share Nifty gained 134.75 points, or 0.67 per cent, to close at an all-time of 20,267.9. It touched a high of 20,291.55 during intra-day trade.
Since last month, the National Cooperative Consumers’ Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) have been selling tomatoes at a discounted rate on behalf of the Consumer Affairs Ministry
In its India Development Update released Tuesday, the World Bank retained the GDP growth forecast from its previous update at 6.3 per cent for the financial year 2023-24.
On chip assembly, the US needs to raise the game in this area; reimagine data centres and the Cloud
The Singhania family owns 49.11 per cent of the equity of the company, which has seen an erosion in shareholder value since the news of the separation became public last month.
India’s economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential rate, according to a Reuters poll of economists who also said the employment situation will improve only slightly.