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Bank holidays in August: Lenders to remain closed for 6 days next week
For the week, there are six bank holidays for the second week of the month
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RBI raises repo rates to 5.4 per cent to tame inflation
This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June
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DBS says not in discussions for buying stake in IDBI Bank
Chief Executive Officer Piyush Gupta said the lender isn’t looking at a deal for the bank
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India achieves landmark milestone with over 75000 start-ups recognised so far
Ministry of Commerce and Industry said in a tweet that the Indian startup ecosystem continues to be fueled by innovation
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Uber sells 7.8% stake in Zomato for $392 million
The Zomato block deal was executed at 50.44 rupees per share
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Record 72.42 lakh ITRs filed on July 31 deadline
The Department expressed gratitude to taxpayers and tax professionals
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EMIs to go costlier as RBI plans to hike repo rate by 35-50 Bps
For the unversed, this will be RBI’s third consecutive policy rate hike to check elevated retail inflation
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