RBI raises repo rate by 35 bps, lowers GDP growth forecast to 6.8 pc

Mumbai, Dec 7 (UNI) As widely expected, the Reserve Bank of India (RBI) on Wednesday raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect in a bid to contain inflation which has been above its tolerance level.

"Based on the a

Godrej & Boyce elevates Anil G Verma to Executive Director & CEO

Mumbai, Dec 6 (UNI) Godrej & Boyce has elevated Anil G. Verma as the Executive Director and Chief Executive Officer of Godrej & Boyce.

With almost four decades of corporate expertise with G&B in various capacities, he is responsible for the organization

FLAME University launches an interdisciplinary Bachelor of Design program

Pune, Dec 6 (UNI) Extending the current offering of design as a minor, FLAME University has introduced a Bachelor of Design (B.Des) program at the undergraduate level. Rooted in liberal education and centered around experience design, the program will prepare students for a fulfi

India’s Largest Retail Finance NBFC is Here – Shriram Finance Limited. Shriram Transport Finance and Shriram City Union Finance are now Shriram Finance 


•    Shriram Finance Limited is a diversified NBFC with Net worth of INR 409 billion
•    Catering to the diversified needs of 6.7 million customers in rural and semi-urban India with an AUM of INR 1.71 trillion
• &nb

Air India leases 12 more aircraft

Mumbai,  (UNI) Air India, India’s leading airline and a Star Alliance member, on Monday announced the lease of six Airbus A320 neo narrow body aircraft and six Boeing B777-300 ER widebody aircraft to augment its existing fleet.

These aircraft are expecte

Weak demand to pull down growth to 4-4.5 pc in 2HFY23: Report

New Delhi, Dec 6 (UNI) Amid high inflation and global headwinds, India's gross domestic product (GDP) growth could slow down to 4-4.5 per cent in the second half of the current fiscal from 9.7 per cent in the first half of the year, said India Ratings and Research (Ind-Ra) on

TVS Emerald acquires its second land parcel in Bengaluru

Bengaluru, Dec 5 (UNI) Emerald Haven Realty Ltd (TVS Emerald) announced that it has purchased 1.14 acres of land in the Central Business District, the city center and core commercial area of the city.

The land parcel is located in a well-developed neighborhood that

Foreign exchange reserves increased by $ 2.9 billion to $ 550.14 billion

Mumbai, Dec 04 (UNI) The country's foreign exchange reserves increased by $2.9 billion to $550.14 billion in the week ended November 25, as against a rise of $2.54 billion to $547.3 billion in the previous week due to a sharp increase in foreign currency assets. Was on

Telangana Govt following best HR Policies : Somesh Kumar

Hyderabad, (UNI) Telangana Chief Secretary Somesh Kumar on Saturday said that the state government was following best Human Resources (HR) Policies.  

Speaking at the fourth edition of Federation of Telangana Chambers of Commerce and Industry ( HR Achieve

Air India resumes Bengaluru-San Francisco non-stop service

Bengaluru, (UNI) Air India, India's leading airline and a star alliance member, in line with its vision to strengthen and expand its global footprint is resuming its non-stop flight connecting Bengaluru to San Francisco.

This will connect the world's two te