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Business

RBI to introduce digital rupee in FY23 to boost digital economy, better currency management

New Delhi, Feb 1: The Reserve Bank of India (RBI) will introduce digital currency in the next financial year beginning April 2022 to boost the digital economy and efficient currency management, Finance Minister Nirmala Sitharaman proposed in her Budget 2022-23 speech on Tuesday.

 


Google to invest USD 1 billion in Airtel; to buy 1.28 pc stake for USD 700 mn

Internet major Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.


LATEST HEADLINES

MP HC sets up judicial commission to probe water contamination in Indore


'India, US moving closer to trade deal after very significant progress in talks'


UK PM Keir Starmer takes ‘China matters’ message on first Beijing visit


Belagavi: Married man jumps into Malaprabha river with lover


Speaker rules out discussion on Guv''s conduct amid K''taka Assembly standoff


10 arrested in inter-state drug racket; narcotics worth Rs 4 crore seized


Rupee hits all-time low for second time in a week


Ajit Pawar's death in plane crash an accident, don't bring politics: Sharad Pawar


Domestic help held for stealing cash, jewellery from US couple's house in B'luru


Chartered Speed, EKA Mobility to deploy 1,750 electric buses in Bengaluru


Rohit identifies Arshdeep, Hardik as key to India's chances in T20 World Cup


Building castle in the air: SC irked over non-compliance of orders by states in stray dog case




Sensex slumps over 1,100 pts in early trade; Nifty falls below 16,950

Equity benchmark Sensex tanked over 1,100 points or 2 per cent in opening trade on Thursday, tracking losses in index-majors Titan, Wipro and HDFC twins amid a weak trend in the Asian markets.

Reliance Retail buys 25.8% stake in Dunzo for $200 million

New Delhi: Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for USD 200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business.

 

Indian-origin Ashok Elluswamy was first employee to be hired for Tesla's Autopilot team: Musk
Sensex nosedives over 1,000 pts in early trade; Nifty tanks below 16,700

 Equity benchmark Sensex plummeted over 1,000 points in early trade on Monday, tracking across-the-board losses amid a selloff in global markets as concerns over rising Omicron cases spooked investors.

Jio announces up to 21% hike in mobile services tariffs from Dec 1

New Delhi: After Bharti Airtel and Vodafone Idea, India's largest mobile operator Reliance Jio on Sunday announced up to 21 per cent hike in its prepaid tariffs from next month.

After promise, Elon Musk sells USD 1.1B in Tesla shares to pay taxes

After making a promise on Twitter, Tesla CEO Elon Musk has sold about 9,00,000 shares of the electric car maker's stock, netting over USD 1.1 billion that will go toward paying tax obligations for stock options.

Rajinikanth undergoes procedure to restore blood supply to brain

Superstar Rajinikanth on Friday underwent a procedure to restore blood supply to brain and he is recovering well, a hospital here that is treating him said.

New auto debit rules of RBI to set in from Friday; Here's what you need to know

New Delhi: With the Reserve Bank of India's (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the additional factor of authentication (AFA) will become mandatory from Friday.

 

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