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Amid worsening economic crisis, Pakistan's debt surges by PKR 4,304 billio
Updated : 1 year, 3 months ago IST
The domestic debt rose by PKR 4,556 billion during the period, while foreign debt decreased by PKR 251 billion, according to ARY News.
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Indian companies' revenue surge in FY24 however wage growth of employees m
Updated : 1 year, 3 months ago IST
Around 4,000 listed companies in India reported a 6 per cent growth in revenue or gross sales during the financial year 2024, according to a report by the State Bank of India (SBI).
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"AAP is settling them for sake of vote bank": BJP's Virendra Sachdeva on R
Updated : 1 year, 3 months ago IST
"The Rohingyas and Bangladeshi are snatching away the rights of the people of Delhi. These illegal immigrants need to be removed from Delhi, for which we have made consecutive demands. Delhi is for its residents and the people of the nation. The AAP is settling foreigners in Delhi and they h
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PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 3 months ago IST
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said in a release on Sunday.
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Market ahead: Investors to focus on US Fed decision, FII inflows, global c
Updated : 1 year, 3 months ago IST
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
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Pakistan secures USD 330 million loan from Asian Development Bank
Updated : 1 year, 3 months ago IST
The Pakistan government on Saturday entered into a USD 330 million loan agreement with the Asian Development Bank (ADB) for the Integrated Social Protection Development Programme (ISPDP), Dawn reported on Sunday.
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SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 3 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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Atal Pension Yojana crosses 7 crore subscribers, strengthening retirement
Updated : 1 year, 3 months ago IST
Highlighting the program's success, the Ministry posted on X, "With more than seven crore subscribers under Atal Pension Yojana #APY, offers secure retirement with guaranteed #PensionBenefits, ensuring peace of mind after retirement for its beneficiaries. #FinMinYearReview2024 #BankingIni
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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India's exports to US touch USD 77.5 bn in FY24, growing at 10.3 % CAGR ov
Updated : 1 year, 3 months ago IST
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
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India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food
Updated : 1 year, 3 months ago IST
December data indicates further corrections in vegetable prices, while favorable soil moisture and reservoir levels are expected to support a robust Rabi harvest. Additionally, benign global food and energy prices are expected to keep food inflation risks low in the near term.
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ED restitutes assets worth Rs 4025 cr to JSW
Updated : 1 year, 3 months ago IST
The Directorate of Enforcement (ED) restituted assets worth Rs 4,025 crore to JSW, which was a Successful Resolution Applicant to the assets of erstwhile Bhushan Power and Steel Ltd under the Insolvency and Bankruptcy Code (IBC) corporate resolution process (CIRP).
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