NEWS
EU Council to lift air and sea travel curbs on Romanians, Bulgarians
31 Dec 2023
Member countries of the European Union (EU) have unanimously agreed to lift all air and maritime border controls with Bulgaria and Romania, commencing 31 March 2024.
Bristol Myers Squibb to acquire RayzeBio for $4.1 billion in cash
31 Dec 2023
American multinational pharmaceutical company Bristol Myers Squibb on Tuesday said it would buy RayzeBio for about $4.1 billion to bolster its cancer drug business
PNB plans to raise Rs7,500 crore via QIP or FPO
31 Dec 2023
The board of directors of Punjab National Bank (PNB) at its meeting on Thursday approved a proposal to raise Rs7,500 crore capital through equity issue
SBI, Bank of Baroda raise term deposit rates
31 Dec 2023
Public sector lenders State Bank of India (SBI) and Bank of Baroda (BoB) have announced a hike in interest rates on fixed deposits varying from 50 to 125 basis points
RBI directs banks to stop charging penal interest
31 Dec 2023
Reserve Bank of India (RBI) has directed banks to stop charging penal interest rates on delayed loan repayments
Net financial assets of non-residents in India up $7.4 bn in Q2 FY24
31 Dec 2023
Net financial assets of non-residents in India increased by $7.4 billion to $380.9 billion in the second quarter of the current financial year (July-September 2023-24)
Govt hikes small savings interest rates
31 Dec 2023
The central government on Saturday notified revised interest rates on small savings schemes, including a 20 basis point hike in the interest rates
India’s core sector industrial production grows 7.8% in November
30 Dec 2023
Core sector industrial production in India increased by 7.8 per cent in November 2023 on the back of an increase in the production of steel, coal, petroleum products and electricity.
Consumer price inflation for industrial workers up at 4.98% in November
30 Dec 2023
Consumer price inflation based on the all-India consumer price index for industrial workers (CPI-IW) increased by 0.7 points and stood at 4.98 per cent
India, Russia to expand ties in energy, military-tech
30 Dec 2023
India and Russia have agreed on a major expansion of bilateral relations, including cooperation in energy and defence production.
HAL sets up new design and test facility for aero engines
30 Dec 2023
Hindustan Aeronautics Ltd (HAL) has set up a new design and test facility for aero engines at its Aero Engine Research and Development Centre (AERDC) in Bengaluru.
Elon Musk's X fails to block California's content moderation law
29 Dec 2023
In a setback for Elon Musk’s social media platform X, a U.S. District Judge dismissed its attempt to block California’s content moderation law.
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