The revision of the base year for national accounts to 2022-23 will significantly strengthen policy formulation by providing more accurate and granular economic data, Statistics Secretary Saurabh Garg said.
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26. The government said that the use of annual surveys for household sector estimates and change in method of deflation improved the GDP estimates.
Bengaluru (Karnataka) [India], February 26: Indian small and medium businesses lose more time to banking than most owners realise. Many founders and finance teams spend nearly 15 hours a week managing payments, checking balances, reconciling accounts and following up on collections. That is
The Panchkula District Court on Wednesday sent all four accused to a seven-day police remand in connection with a massive financial fraud involving IDFC First Bank accounts belonging to the state government.
Mumbai (Maharashtra) [India], February 24: TransUnion CIBIL, India's leading credit information company, today announced the integration of the consumer CIBIL Score and Report into State Bank of India's (SBI) You Only Need One (YONO) app. Seamless incorporation of the score and report allows
TransUnion CIBIL and State Bank of India's YONO app have collaborated to integrate the CIBIL score and report into the bank's everyday digital banking platform, according to a TransUnion CIBIL release. The integration allows SBI YONO customers to access and monitor their credit information,
In a post on X, Anthropic shared, "We've identified industrial-scale distillation attacks on our models by DeepSeek, Moonshot AI, and MiniMax. These labs created over 24,000 fraudulent accounts and generated over 16 million exchanges with Claude, extracting its capabilities to train and impr
New Delhi [India], February 23: Moving abroad changes your relationship with India and the way you manage your finances. You can still access and manage funds in your home country as a Non-Resident Indian (NRI), but subject to specific rules. So, if you're considering adding a resident famil
While addressing the media, after the customary post-Budget meeting with finance minister, RBI governor on the issue said, "As a policy, we do not comment on any individual bank or regulated entity. We are watching the development. There is no systemic kind of issue." IDFC FIRST Bank has
The alleged clash that erupted at Jawaharlal Nehru University (JNU) on Monday between the Akhil Bharatiya Vidyarthi Parishad (ABVP) and Left-affiliated student groups resulted in several students being injured and has led to conflicting accounts from both sides.