The Ministry of Finance on Saturday (June 7) announced the appointment of Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar as a part-time member of the 16th Finance Commission (XVIFC). His appointment comes in the wake of the resignation of former Finance Secretary Ajay Narayan Jha, whoRead News

Infra-to-energy player Hazoor Multi Projects Ltd (HMPL) informed the exchanges that its board has approved the allotment of equity shares upon the conversion of warrants. The rity of India (NHAI). Read News

Multiple ground handling companies, including state-owned Air India Air Transport Services Limited (AIASL), Bird Worldwide Flight Services and Indo Thai, are onboarding the staff of Celebi Airport Services India at various airports, and fresh airport entry passes are being issued, industry executives said oRead News

The company has reported a 50 per cent year-on-year (YoY) jump in net profit to Rs 3,023.10 in the fourth quarter. The firm had posted a consolidated net profit of Rs 2,025 crore in the fourth quarter of 2024. In the last quarter, the company's consolidated net profit was Rs 2,518.39 crore. AccordingRead News

According to official data of the Reserve Bank of India, Rs 2,000 notes worth Rs 6,266 crore are still in circulation. It is worth mentioning that the central bank announced the withdrawal of the Rs 2,000 notes two years ago.However, the Rs Read News

Bharti Airtel and Tata Group have called off their merger talks for their direct-to-home (DTH) businesses, Bharti Telemedia and Tata Play. The decision comes after both parties were unable to reach a mutually satisfactory agreementRead News

AI being the future, Tourism and Travel is already showing signs of the change that technology is bringing in the industry. AI can not only plan an ideal itinerary for a traveler but also gives them the choice of flexibility and customization at best price with all information at a click of a mouse.Read News

As per the revised structure, customers maintaining savings account balances of up to ?50 lakh will now earn 2.75% interest. For balances exceeding ?50 lakh, the interest rate has also been reduced by 0.25%, bringing it down to 3.25%Read News

The Reserve Bank of India (RBI) has told banks to continue joint account for spouse's pension after the death of a pensioner.Read News

The Life Insurance Corporation of India (LIC) on Friday said it receives no special treatment from the government or any regulatory authority, after a United States Trade Representative (USTR) report claimed that LIC is being given favourable treatment by the Centre.Read News