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2 mins read

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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2 mins read

After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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2 mins read

India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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4 mins read

On the right track — Economic Survey 2023-24 outlines India’s commendable climate action

India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…

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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

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4 mins read

RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged

The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…

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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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4 mins read

S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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Bank stocks lead Sensex, Nifty crash as credit policy disappoints

Indian benchmark indices which opened on a positive due to US markets rally, crashed on Thursday tr…

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Nifty, Sensex sees sharp slide after RBI credit policy

Indian stock markets which opened in the green in the morning trade, fell sharply after the central…

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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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3 mins read

RBI’s MPC maintains status quo, keeps repo rate unchanged

The Reserve Bank of India’s (RBI) rate setting panel kept the policy repo rate unchanged at 6.5% on…

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4 mins read

RBI MPC expected to ‘pause and watch’ how inflation plays out

Even those who aren’t keeping a keen eye on inflation would have noticed the surge in food prices i…

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2 mins read

Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…

PTI   


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6 mins read

Some techies are leaving cushy Silicon Valley jobs to launch startups at home in India

Many leave cushy Big Tech salaries because they no longer want to watch the booming entrepreneurshi…

Shubhangi Goel,Charissa Cheong   


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3 mins read

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…

PTI   


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India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…