Tag: Payment

The US Federal Reserve has cut interest rates for the first time this year, lowering its benchmark policy rate by 25 basis points to 4%-4.25% range. The move marks the beginning of a monetary easing...
NEW DELHI: Reduction of GST (goods and services tax) from 12% to 5% across the renewable energy value chain is expected to bring down the power procurement costs of discoms (distribution utilities) across...

CitiCorp Investment Bank pays Rs 36 lakh to settle FPI rules violation case with Sebi

CitiCorp Investment Bank (Singapore) Ltd on Thursday settled with Sebi a case relating to issuance of offshore derivative instruments to Symmetry Master Fund...

Ahead of Market: 10 things that will decide stock market action on Tuesday

India's benchmark indices ended in red on Monday as widespread selling in banks and consumer firms and across key sectors dragged the markets...

Christmas orders push October goods exports to a 2-year high of 17.3%

New Delhi: India's merchandise exports surged 17.3% on year - the highest in 28 months - to $39.2 billion in October, driven by...

Public digital infrastructure helped micro level players grow in India: FM Sitharaman

India's approach to spreading digital infrastructure networks by country's "public money" instead of choosing private players, unlike other countries, helped the micro-level players...

BRICS nations agree to boost trade, financial settlement in local currencies

Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and...

Sebi mulls allowing only electronic mode for payment of dividend, interest

Markets regulator Sebi on Friday proposed that listed entities should make all payments, such as dividends, interests and redemptions, through electronic mode only....

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