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SEPTEMBER 7 KOLKATA
RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...- RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
- Rupee also rises to 5-week high on peace deal hopesThe Indian rupee reached a five-week high on Monday. Benchmark bond yields fell to their lowest since mid-April. This surge followed news o...
- Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
- Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
- India’s silver market faces purity crisis amid soaring investment demandCounterfeiters are flooding the Indian market with impure silver, exploiting rising prices and demand. Refiners are urging mandatory hallma...
- Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian RailwaysRailway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is exp...
- NTA cancels NEET UG 2026: From CUET 2025 glitches to medical exam row, list of disruptions in last few yearsIndia's examination system is facing significant disruptions. Multiple national-level exams, including NEET UG and BPSC tests, have been ca...
- Fish, meat & West Bengal elections: It’s about money and not politicsWest Bengal Elections BJP vs TMC: Political campaigns in West Bengal are creatively using fish and meat, staples of Bengali culture, to con...
- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- Consumer goods cos upbeat as GST tailwinds lift volumes in March quarterConsumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume ...
- Bangladesh Cricket Board seeks new partnerships with BCCIBangladesh Cricket Board has reached out to the Board of Control for Cricket in India seeking new avenues for cricket collaboration. This c...
- Kolkata Metro to run services from 7 am on Sunday for SSC recruitment test candidatesKolkata Metro will operate regular services on September 7, including both the Blue Line from Dakshineswar to Kavi Subhash and the Green Li...
- Kolkata port logs 12 per cent cargo handling growth in April-September this year"We have registered a healthy growth of nearly 12 per cent in the first half of the current fiscal. We hope to maintain this momentum and c...
- Covid cases R-value drops below 1 in mid-SeptemberHowever, the R-values of major cities, Mumbai, Kolkata, Chennai, Bengaluru, are over 1. The R-value of Delhi and Pune are below 1.
- Kolkata Metro plans services for NEET candidates on September 13As per the plan, candidates along with guardians will be allowed to board the trains on showing their admit cards, Metro Railway general ma...
- Metro Railway drops separate ladies compartment planThe Metro Railways on Saturday said it would withdraw the recently introduced system of reserving two separate coaches for ladies in underg...
- Williamson Magor net upWilliamson Magor reported a net profit of Rs 8.53 crore for the second quarter ended September 30, ‘06.
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