Sensex gain over 1% after RBI increases dividend, Nifty at record high
The surge in both indices comes a day after the Reserve Bank of India (RBI) board approved the highest-ever surplus transfer of Rs 2.11 lakh Crore to the government for…
Category: ECONOMY
NSE Q4 results: Profit expansion 20% to Rs 2,488 Crore
The National Stock Exchange (NSE) on Friday reported a 20% year-on-year rise in consolidated net profit at Rs 2,488 Crore for the three months ending March 2024. NSE said in…
OECD revises India’s FY2015 extend forecast to 6.6%
The Organization for Economic Co-operation and Development on Thursday raised India’s FY2025 growth forecast to 6.6% from an earlier estimate of 6.2%. “Despite relatively sluggish private consumption growth, strong investment…
RBI disclosed revised Guidance note for banks and NBFCs
The Reserve Bank of India (RBI) has updated its “Guidance Note” on operational risk management for the financial sector, and extended it to non-banking financial companies (NBFCs), including housing finance…
India Inc’s revenue growth likely to downgrade to 5.4% in March quarter: Crisil
Revenue growth of Indian industries is likely to slow to 5.4% in January to March 2023-24, the third slowest quarterly growth since the recovery from the Covid-19 pandemic in September…
Sri Lanka lifts import limits on 286 items as economic crisis eases
Sri Lanka , the island which has been suffering from economic breakdown since it’s independence has removed import limits on around 300 items with immediate effect, the Finance Ministry said…
The RBI Governor should encourage banks to increase facilities rather than changing Rs 2,000 notes
2000 Rupee Note Withdrawal 2000 rupee note exchange will start tomorrow. RBI has issued guidelines to banks. It has been asked to increase the facilities keeping in mind the summer…
PM Modi virtually distributes 71,000 appointment letters to newly inducted recruits
Prime Minister Narendra Modi directed Rozgar Mela conference which was conducted at 45 locations in India today With the help of video conferencing Modi distributed 71,000 appointment letters to newly…
Smriti Irani launches “Poshan Bhi Padhai Bhi” campaign
Smriti Irani (Minister of Women and Child Development) has launched a new scheme ‘Poshan Bhi, Padhai Bhi’ to lay focus on the development of Child and to strengthen Early Childhood…
Maharashtra: Indefinite shutdown in Shirdi from May 1 over CISF deployment at Sai Baba Temple
Shirdi, a major pilgrimage site in Maharashtra also known as the home of revered spiritual leader Sai Baba, will remain shut from 1st of May over CISF deployment at the…
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