NEWS
IREDA sets up subsidiary in GIFT City
10 May 2024
Indian Renewable Energy Development Agency Ltd (IREDA), the country’s largest lender for renewable energy projects, has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC), in GIFT City, Gujarat.
Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture
10 May 2024
British multinational oil and gas company Shell Plc on Wednesday said it has agreed to sell its entire stake in Singapore refinery and petrochemicals business to a joint venture between Indonesian
Microsoft, Google challenge Delhi HC order to remove non-consensual content
09 May 2024
Aggrieved by a single-judge order to remove all non-consensual intimate images (NCII) from the internet irrespective of whether such images have been challenged by parties concerned, Microsoft and Google
RBI lifts ban on Bank of Baroda onboarding customers in its mobile app
09 May 2024
Reserve Bank of India (RBI) has reviewed its 10 October 2023 decision to suspend onboarding of customers by Bank of Baroda’s mobile application `BoB World’
Govt moves to build capacity for design, entrepreneurship and medical technology
08 May 2024
Government of India today launched two separate programmes for building human capital – a design and entrepreneurship programme in collaboration with industry and higher educational institutions and another aimed at bolstering the burgeoning medical technology sector.
BSNL to launch 4G services across India in August
08 May 2024
State-owned telecom company Bharat Sanchar Nigam Limited (BSNL) will be rolling out 4G services across the country from August
AstraZeneca starts global recall of its controversial Covid 19 vaccine
08 May 2024
Days after admitting that its Covid 19 vaccine could cause blood clot in some people, British-Swedish pharmaceutical company AstraZeneca
REC gets RBI nod to set up subsidiary in GIFT City
07 May 2024
REC Limited, a Maharatna central public sector enterprise and a leading NBFC providing finance to the power sector, has received a ‘No Objection Certificate’ from the Reserve Bank of India (RBI)
Ghana to use UPI payment infrastructure, consider local currency trade settlement
07 May 2024
India and Ghana have agreed to work towards operationalisation of India’s Unified Payment Interface (UPI) on the Ghana Interbank Payment and Settlement Systems (GHIPSS)
Spanish banks BBVA and Sabadell weigh $12.93 bn all-stock merger
07 May 2024
Spanish bank Sabadell on Monday said it is considering a proposal by larger peer BBVA for a Euro 12 billion ($12.93 billion) all-stock merger that would create the largest banking company in Spain.
And now, BRICS eyes creation of a central bank for currency issue
06 May 2024
China, with backing from Russia and South Africa, is planning an onslaught on the mighty dollar by introducing a new currency, to be issued by a proposed BRICS central bank that would combine the strengths of the respective currencies of the five countries in the economic forum.
India, Australia look to deepen economic ties
06 May 2024
An India-Australia Joint Committee Meeting (JCM), held in Canberra as well as meetings with businesses in Sydney and Melbourne have emphasised the need to work closely, especially in collaborative projects, in order to bring new synergy to the strategic partnership of the two countries.


