DD India
December 17, 2024 1:28 PM
Indian stock markets opened lower on Tuesday as weak export data and a record-high trade deficit in November dampened investor sentiment. The Nifty slipped 0.3% to 24,599 points as of 09:20 a.m, while the Sensex fell 0.3% to 81,492.02. Market exper...
December 15, 2024 4:50 PM
Scheduled Commercial Banks (SCBs) in India have achieved a significant milestone by recording the highest-ever aggregate net profit of ₹23.50 lakh crore in FY2023-24, compared to ₹22.63 lakh crore in FY2022-23, according to the Ministry of Financ...
December 12, 2024 6:42 PM
The central government has implemented a series of reforms over the past decade aimed at improving the performance of Public Sector Banks (PSBs). These measures have addressed challenges such as non-performing assets (NPAs), financial inclusion, and ...
December 11, 2024 9:45 PM
Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), outlined his vision for the central bank after assuming office on Wednesday. Malhotra emphasized that his tenure would focus on policy continuity, financial inclusion, ...
December 10, 2024 2:55 PM
S&P Global Ratings on Tuesday projected 6.8% growth for the Indian economy in FY25, followed by 6.9% growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure. The growth proj...
December 10, 2024 1:18 PM
India’s retail inflation, based on the Consumer Price Index (CPI), is expected to ease to 5.5 percent in November due to a decline in food prices, according to a Morgan Stanley report. "We expect CPI inflation to edge downwards to 5.5 percent in N...
December 9, 2024 6:50 PM
Sanjay Malhotra, the current Revenue Secretary at the Ministry of Finance, has been appointed as the new Governor of the Reserve Bank of India (RBI). His tenure will begin on December 11, 2024, and will last for three years, as confirmed by the Depar...
December 7, 2024 2:20 PM
The State Bank of India (SBI) has forecast India's GDP growth at 6.3% for FY25, lower than the Reserve Bank of India's (RBI) projection of 6.6%, according to its latest report. The average growth for the first two quarters of FY25 now stands at ...
December 6, 2024 3:32 PM
The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings. The move is aimed at attracting more foreign capital at a time when the ...
December 6, 2024 12:10 PM
The Reserve Bank of India (RBI) has increased the limit for collateral-free loans available to farmers from Rs 1.6 lakh to Rs 2 lakh per borrower. This decision was announced by Governor Shaktikanta Das after the conclusion of the Monetary Policy Com...
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