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3 mins read
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
3 mins read
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
2 mins read
Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …
ANI
2 mins read
Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …
ANI
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…
2 mins read
Indian government bonds to be included JP Morgan Govt bond Index from June 28
Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…
ANI
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
2 mins read
RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!
The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …
PTI
2 mins read
RBI likely to transfer ₹1 trillion to government in FY25
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…
ANI
4 mins read
A case for investing in Government securities
Government securities, commonly known as G-secs, are debt instruments issued by the Government of I…
3 mins read
India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
"That's why I said 6 per cent growth. If you think that's about what we are right now, take away th…
PTI
3 mins read
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
3 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
1 min read
Employment rose by 35% to 64.33 crore over last six fiscal years: MoS Karandlaje
On the issue of child labour, Karandlaje, in a separate reply said, it is an outcome of various soc…
PTI
3 mins read
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
1 min read
Rupee recovers from all-time low, rises 9 paise to 83.69/USD in early trade
At the interbank foreign exchange market, the local unit opened at 83.72 against the American curre…
PTI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
2 mins read
HDFC Bank gains 1.5% after LIC gets nod to raise stake
HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…
2 mins read
Rupee falls 9 paise to 83.43 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…
PTI
2 mins read
Rupee falls 10 paise to close at 83.50 against US dollar; Downside restricted by easing political uncertainties, per traders
The rupee settled for the day lower by 10 paise at 83.50 (provisional) against the US dollar on Mon…