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India's poverty rate likely to decline further to 4.6% in 2024 from 5.3% i
Updated : 9 months, 2 weeks ago IST
India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI).
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'Outer Banks' actor Jonathan Daviss to star as Snoop Dogg in biopic
Updated : 9 months, 2 weeks ago IST
'Outer Banks' actor Jonathan Daviss is all set to play the lead role in Snoop Dogg's biopic. The film producers include Snoop Dogg, Brian Grazer and Death Row Pictures president Sara Ramaker, as per The Hollywood Reporter.
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L&T Finance Ltd. Completes the Acquisition of Paul Merchants Finance's
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], June 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the completion of the transfer of the gold loan business of Paul Merchants Finance Private Ltd. (PMFL), a wholly owned subsidiary of Paul Mer
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Indian banks must urgently embrace AI, privacy technologies to comply with
Updated : 9 months, 2 weeks ago IST
Indian banks must urgently adopt artificial intelligence (AI), privacy-enhancing technologies (PETs), and privacy-by-design strategies to effectively comply with the Digital Personal Data Protection Act (DPDPA), according to a report released by Protiviti.
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Rate cut by RBI will boost 2-wheeler sales in FY 2026: CareEdge Ratings
Updated : 9 months, 2 weeks ago IST
India's two-wheeler industry is poised to surpass pre-COVID-19 sales levels, with an anticipated volume growth of 8-9 per cent in fiscal year 2026 (FY26), fuelled by rate cut by Reserve Bank of India ( RBI), a substantial recovery in exports and robust domestic demand, according to a report
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RBI's rate cut likely to lower bond yields as govt announces Rs 26,000 cr
Updated : 9 months, 2 weeks ago IST
Bond yields in India are expected to go down following the recent frontloaded rate cut by the Reserve Bank of India (RBI), says economists ANI spoke with.
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Lilavati Trust seeks removal of HDFC Bank CEO, Bank says FIR against CEO f
Updated : 9 months, 2 weeks ago IST
Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) has called for the immediate suspension and prosecution of Managing Director and CEO of HDFC Bank, Sashidhar Jagdishan, alleging that the latter was directly involved in "serious financial fraud, criminal conspiracy, abuse of fiduciary posit
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First Citizens BancShares, Inc. Deepens Investment in India with Expansion
Updated : 9 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], June 9: First Citizens India, a subsidiary of parent company First Citizens BancShares, Inc., today announced that it has expanded its operational capacity with the opening of a new office in Bengaluru--reinforcing India's role as a premier hub for Global Capab
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Cut In Repo Rate: Know Why Booking FD On Wizely App Now Can Be Smart
Updated : 9 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 9: To manage inflation and maintain economic stability, the Reserve Bank of India (RBI) updates the repo rate periodically. This shift in monetary policy has significant implications for various financial instruments, particularly Fixed Deposits (FDs). For po
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RBI rate cut and liquidity measures boost market sentiments; Sensex, Nifty
Updated : 9 months, 2 weeks ago IST
Indian stock markets started the week on a strong note, opening higher on Monday as investor confidence got a boost from the recent jumbo rate cut announced by the Reserve Bank of India (RBI).
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FIR against HDFC Bank MD-CEO by loan defaulter
Updated : 9 months, 2 weeks ago IST
An FIR has been filed against HDFC Bank's MD and CEO by a certain Mehta family that defaulted on a bank loan provided back in 1995. The private lender informed stock exchanges on Sunday evening, as it vowed to continue all lawful remedies to recover the dues from the defaulter.
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Bank of Baroda reduces repo-linked interest rates following RBI footstep
Updated : 9 months, 2 weeks ago IST
Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.
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