Seeing some rate transmission going through banks, says RBI DG

The Reserve Bank of India (RBI) is seeing some rate transmission happening through banks, deputy governor Michael Patra said on April 5. Read more

Take a look at these key events

Today
Vodafone Idea board meeting to be held
BRS to hold protests
Pawan Kalyan to start ‘Varahi Vijayabheri Yatra’ from Anakapalli district
JEE Main 2024: BTech shift 1 to begin at 9 am
Tomorrow
Sonam Wangchuk to hold border march in Leh
AAP Leaders To Go On Fast
Court to hear K Kavitha's interim bail plea
Amit Shah to visit Assam
PM Modi to hold roadshow in Jabalpur
Amazon India to revise seller fees

Cognizant defers salary hikes by a quarter to August

Nasdaq-listed IT services firm Cognizant will roll out salary hikes to “eligible” employees from August 1, sources told Moneycontrol, a delay of around four months, compared to the previous year. Read more

RBI holds rates. Here’s what debt mutual fund investors should do

The window for investors to maximise their gains from debt funds gets narrower by the day, as the Reserve Bank of India (RBI) on April 5 left the key repo rate unchanged at 6.5 percent for the seventh time in a row. Read more

Blinkit partners with Sony for delivery of Sony PlayStation 5 Slim in these three cities

Blinkit, the hyperlocal delivery platform from Zomato, has teamed up with Sony to bring the popular PlayStation 5 Slim to gamers’ doorsteps within10 minutes. Albinder Dhindsa, CEO, Blinkit, confirmed Blinkit’s new offering in a post on social media platform X (formerly known as Twitter). Earlier today, Dhindsa also revealed that the service is now live. Read more

EV sales projected to surge 66% in 2024, says Counterpoint Research

Electric Vehicle (EV) sales in India is projected to increase by 66 percent this year due to state subsidies and development of supporting infrastructure, Counterpoint Research said in a report. With this growth, EVs will constitute around four percent of total PV market by 2024-end, it added. Read more

Strong will power, aim of self-reliance behind defence exports crossing Rs 20k cr: Rajnath Singh

Strong will power and the current government’s vision to become self-reliant in every sector were the factors behind India’s defence exports jumping above Rs 20,000 crore in FY24, said Union minister and senior BJP leader Rajnath Singh in an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi. Read more