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SBI to name Anil Ambani in report to RBI; tag RCom loan account as 'fraud'

New delhi, July 2 -- State Bank of India (SBI) has decided to classify the loan account of beleaguered telecom firm Reliance Communications as "fraud" and report the name of its erstwhile director Ani... Read More


Govt study: Proportion of cereals, pulses in diet dips

NEW DELHI, July 2 -- Intake of cereals and pulses came down in both rural and urban areas, while consumption of milk and its products showed an increase in 2023-24, according to a government report. ... Read More


Stock markets end lower; HDFC Bank, foreign fund outflows drag

Mumbai, July 2 -- Benchmark BSE Sensex declined by 287 points on Wednesday due to profit selling in HDFC Bank, L&T and Reliance Industries shares and caution ahead of the impending US tariff deadline.... Read More


Govt allows cab aggregators to charge up to two-times of base fare during peak-hours

NEW DELHI, July 2 -- The road transport ministry has allowed cab aggregators such as Uber, Ola and Rapido to charge up to two times the base fare during peak hours, as against 1.5 times earlier, while... Read More


IAC launches campaign for life insurance awareness

Mumbai, July 2 -- The Insurance Awareness Committee (IAC), representing all life insurers in India, has launched the next phase of its national campaign, Sabse Pehle Life Insurance, to continue motiva... Read More


NBCC bags Rs 355 crore order from FGZL in Maha

New delhi, July 2 -- State-owned NBCC Ltd has bagged a Rs 355 crore contract from FDCM Gorewada Zoo Ltd. "NBCC (India) Limited moved to a transformative leap in wildlife conservation and Eco-tourism ... Read More


J&K: Inauguration of 'Yatri Niwas' built by ONGC at Baltal on July 4

New delhi, July 2 -- Union minister Hardeep Singh Puri and Jammu & Kashmir Lieutenant Governor Manoj Sinha, in the presence of ONGC Chairman and CEO Arun Kumar Singh, on July 4, will formally inaugura... Read More


'Hyundai CRETA highest-sold passenger vehicle'

Gurugram, July 2 -- Hyundai CRETA has become the highest-selling passenger vehicle in the country for June, the company said in a statement on Wednesday. "With an impressive 15,786 units sold in June... Read More


Indian Bank cuts lending rate by 5 bps

New delhi, July 2 -- State-owned Indian Bank on Wednesday said it has reduced Marginal Cost of Funds Based Lending Rate (MCLR) for one year maturity by 5 basis points to 9 per cent. The new rate will... Read More


CAs stand as architects of financial integrity: Union minister Puri

New delhi, July 2 -- Chartered Accountants stand as "architects of financial integrity, custodians of transparency and trusted partners in national governance", Union minister Hardeep Singh Puri said... Read More