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1 min read

RBI to hold rates, may sound more confident of reaching inflation target, says report

​​The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the mon…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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5 mins read

‘Too smart to steal’: AI, made to help, faces backlash for data scraping

Launch of AI chatbots has sparked debates about data usage by AI companies to train their models. C…

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2 mins read

Household debt in India does not pose systemic concern: RBI

Despite the recent increase in financial liabilities, household debt in India is much lower than in…

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3 mins read

RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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2 mins read

FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience

With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…

PTI   


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2 mins read

Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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3 mins read

SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses

A report by the Securities Exchange Board of India (SEBI) on the profit and losses in the equity de…

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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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3 mins read

India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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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   


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2 mins read

RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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3 mins read

Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability

The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…

ANI   


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Assets under management of retirement mutual funds jumps 256% in 5 years

ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …

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2 mins read

With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

ANI   


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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   


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Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit

Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…

ANI   


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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…