The RBI said the penalty on RBL Bank is based on the deficiencies in regulatory compliance relating to the period fiscal 2018-19 to 2021-22. The Reserve Bank of India on Monday said it has imposed a penalty of ₹2.27 crore on RBL Bank Ltd for non-compliance with norms...

The fuel prices are not covered under goods and services tax (GST). While the Centre collects excise duty, the states collect VAT. The Oil Marketing Companies (OMCs) on Monday released the petrol and diesel prices for cities across India at 6am. The fuel prices have...

The global chatbot market size is expected to be worth as much as $3.99 billion by 2030, according to Grand View Research’s latest data Conversational AI, or artificial intelligence, can be incredible fun. ChatGPT and Microsoft’s chatbot Bing search, have successfully...

Gold and silver prices today: Silver prices in India also saw an increase on Friday. A gram of silver is priced at ₹69.20 compared to ₹69 on Thursday. Gold prices in India rose on Friday with a gram of 22 carat gold costing ₹5,355 compared to ₹5,305 on Thursday,...

In the past, Apple typically doled out bonuses and promotions once or twice per year depending on the division. Apple Inc. is delaying bonuses for some corporate divisions and expanding a cost-cutting effort, joining Silicon Valley peers in trying to streamline...

The Zerodha co-founder said that pessimism is an underrated skill when it comes to running business. Amid the collapse of three American banks - Silicon Valley Bank (SVB), Signature Bank and Silvergate Capital Corp, Zerodha founder Nithin Kamath said that the lesson...

The Gulf kingdom is pursuing ambitious aviation goals as part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reform agenda, including more than tripling annual traffic to 330 million passengers by the end of the decade. Saudi Arabia announced Sunday...

Boeing said it would set up the conversion facility in Hyderabad with Indian maintenance, repair and overhaul provider GMR Aero Technic. said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional...

SoftBank has been a prominent and prolific investor in the Indian startup ecosystem, pumping in an estimated USD 15 billion over the years. Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday attended the wedding reception of Oyo Founder Ritesh...

“We need to go further in rebalancing the skills we require to run faster at our company priorities,” Atlassian's co-Chief Executive Officers Mike Cannon-Brookes and Scott Farquhar wrote in a memo to employees Atlassian Corp. will cut about 5% of its workforce, or 500...