Friday, Feb 23 2024 | Time 22:56 Hrs(IST)
Business Economy

Status quo on repo rate expected : Sanyal

Kolkata, Dec 8 (UNI) Chief Economist and Head Research, Bandhan Bank Siddhartha Sanyal on Friday said the status quo on the repo rate by the Monetary Policy Committee (MPC) was as expected.
"The narrative on growth and inflation dynamics was a balanced and pragmatic one. It is heartening to see upward revision in growth expectation from the RBI, especially given stronger confidence on further broad-basing of domestic growth momentum, " Sanyal added.
''The RBI continues to keep all options open in order to manage liquidity as and when required. Today’s communication also underscores the central bank’s intent to remain pro-active in assessing and mitigating brewing risks on all fronts, " he stated.
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Kühl Fans launches latest range of energy-saving fans

23 Feb 2024 | 10:33 PM

Mumbai, Feb 23 (UNI) Kuhl Fans, one of leading manufacturers of fans, have introduced the newest range of Kühl Smart and Stylish Fans.

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Eversun Marine to develop East Quay-6 berth on PPP Mode

23 Feb 2024 | 9:39 PM

Visakhapatnam, Feb 23 (UNI) Visakhapatnam Port Authority (VPA) Chairperson Dr. M. Angamuthu has issued a Letter of Award (LoA) to M/s. Eversun Marine Trade Private Limited, Visakhapatnam, for the PPP Project “Development and Mechanisation of the Existing East Quay—6 Berth in the Inner Harbour of Visakhapatnam Port for Handling All Types of Cargo on a DBFOT Basis.”

The port, under the dynamic leadership of Dr. M. Angamuthu, is implementing asset monetization to become a landlord port, VPA Secretary T. Venu Gopal said in a release here.

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Dalmia Cement elevates its commitment to home builders with its new campaign

23 Feb 2024 | 8:22 PM

Bengaluru, Feb 23 (UNI) Dalmia Cement elevated its commitment to home builders with a tectonic shift in its brand focus with its new campaign "RCF Strong toh Ghar Strong."
The new customer-centric messaging is aimed at creating awareness amongst the home builders and contractors in choosing the right cement, using it in the right way and following best construction practices to build their dream homes.

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Amazon India inks MoU with GAME to promote digital growth of women entrepreneurs in India

23 Feb 2024 | 8:07 PM

Hyderabad, Feb 23 (UNI) Ahead of International Women's day, Amazon India signed a Memorandum of Understanding (MoU) with ‘Global Alliance for Mass Entrepreneurship (GAME), to collaborate and promote digital growth of women entrepreneurs in India, especially in Tier-2, Tier-3 cities and beyond.

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RBI asks NPCI to consider Paytm request to become TPAP for UPI services

RBI asks NPCI to consider Paytm request to become TPAP for UPI services

23 Feb 2024 | 7:12 PM

New Delhi, Feb 23 (UNI) The Reserve Bank of India (RBI) has advised National Payments Corporation of India (NPCI) to examine the request of Paytm to become a Third-Party Application Provider (TPAP) for UPI channel so that UPI operation can continue on the Paytm app.

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