Rajnish Kumar will guide Mastercard’s South Asia executive leadership team in navigating the domestic payments landscape, Mastercard said.
Sun Pharma, M&M, Eicher Motors, LTI Mindtree, ONGC, Bharti Airtel, Reliance Industries, IndusInd Bank, ICICI Bank, Axis Bank, Britannia, HDFC Bank, and Hero MotoCorp were the top losers in today’s session.
Canara Bank’s net interest income grew 19.76 per cent to Rs 8,903 crore.
Moody’s said it has downgraded to Caa2 from Caa1, the corporate family rating (CFR) of Vedanta Resources Limited (VRL). At the same time, Moody’s has maintained a negative outlook.
Industry analysts see this as India’s bid to set itself up as a nation pioneering digital governance, especially as it aspires to assume a leadership role in the Global South.
Earlier, this month, India hiked the cooking gas subsidy for low income households to 300 rupees per cylinder from 200 rupees announced in August.
The liquidity, as reflected by the amount of money injected by the RBI into the system, stood at Rs 23,644.43 crore on August 21, the latest RBI data showed. Since the beginning of FY2024, the RBI has been absorbing excess liquidity from the banking system.
Union Power and New & Renewable Energy Minister R K Singh on Monday said India will achieve its 500 GW renewable energy target before the 2030 deadline.
At 3.2 million, Reliance Jio continues to lead 4G subscriber addition for the sixth straight month in August. Airtel and Vodafone Idea added 2.6 million and 1.3 million subscribers, respectively.
MDH Spices leads with 10 per cent shipments refused over salmonella contamination; nearly 4 per cent Nestle India shipments refused, mostly due to “filthy” noodles