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RBI to Run 2-Month Drive to Clear Pending Ombudsman Complaints

India, Dec. 5 -- The Reserve Bank of India will launch a two-month campaign starting next month to address customer grievances pending with the RBI Ombudsman for over 30 days. The Ombudsman scheme of... Read More


Park Medi World announces launch of initial public offering

India, Dec. 5 -- Park Medi World Ltd. has announced public offering of 56790124 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 160.00 per share. The gross proceeds of the issue are expe... Read More


MSME Ministry Sets Up 9 New Technology Centres Under TCSP

India, Dec. 5 -- The Ministry of Micro, Small and Medium Enterprises has established nine additional Technology Centres under the Technology Centre Systems Programme (TCSP), taking the total to 27 cen... Read More


Government Steps Up Measures to Boost MSME Access to Finance

India, Dec. 5 -- The Government of India has outlined several initiatives aimed at improving access to finance for Micro, Small and Medium Enterprises (MSMEs), according to a written reply by Minister... Read More


Crude Oil Futures Dip on Soft Spot Demand

India, Dec. 5 -- Crude oil futures slipped Rs 22 to Rs 5,350 per barrel on Friday as traders pared positions amid subdued demand in the spot market. On the Multi Commodity Exchange (MCX), January del... Read More


Zinc Futures Gain on Increased Spot Demand

India, Dec. 5 -- Zinc futures rose Rs 1.80 to Rs 306.80 per kg on Friday, supported by improved demand in the spot market. On the Multi Commodity Exchange (MCX), January delivery contracts climbed 0.... Read More


Copper Futures Firm Up on Strong Spot Demand

India, Dec. 5 -- Copper futures rose 0.84 per cent to Rs 1,090.95 per kg on Friday, supported by higher demand in the spot market. On the Multi Commodity Exchange (MCX), January contracts gained Rs 9... Read More


RBI announces final redemption price for SGB 2017–18 Series X

India, Dec. 4 -- The Reserve Bank of India (RBI) has announced the final redemption details for the Sovereign Gold Bond (SGB) 2017–18 Series X, which completes its eight-year tenure on December ... Read More


RBI to conduct overnight VRRR auction on December 4

India, Dec. 4 -- The Reserve Bank of India (RBI) will conduct an overnight Variable Rate Reverse Repo (VRRR) auction on Thursday, December 4, 2025, as part of its liquidity management operations. Fol... Read More


Schaeffler India wins CII National Award for Excellence in Water Management for Jal Samruddhi project

India, Dec. 4 -- Schaeffler India, a leading motion technology company, has been awarded the CII National Award for Excellence in Water Management 2024–25 for its flagship CSR initiative, Jal Sa... Read More