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World Bank cancels USD 500 million loan to Pakistan
Updated : 1 year, 3 months ago IST
The Washington-based lender has also announced that it will not provide any new budget support loans during the current fiscal year, which could affect the government's expectation of receiving USD 2 billion in fresh loans. A key reason for this decision is that Pakistan has largely exhauste
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India's foreign exchange reserves decline again after one-off week rise
Updated : 1 year, 3 months ago IST
India's forex reserves have slumped nine out of the past 10 weeks, hitting a multi-month low.
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Manolo Marquez banks on his unbeaten record against Bengaluru FC to steer
Updated : 1 year, 3 months ago IST
The Sree Kanteerava Stadium will witness Bengaluru FC take on FC Goa to kick off the Saturday double header of the Indian Super League (ISL) 2024-25 on Saturday at 5:00 pm IST.
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Bank of France raises corporate credit rating threshold for first time in
Updated : 1 year, 3 months ago IST
The Bank of France has raised the corporate credit rating threshold from EUR 750,000 to EUR 1.25 million for the first time in 40 years, effective January 2025. This adjustment aims to align the rating system with economic changes and focus on larger companies. The new threshold will exclude
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Fitch revises down India's 2024-25 GDP forecast to 6.4%
Updated : 1 year, 3 months ago IST
The downward revision from the rating agency came soon after the Reserve Bank in its latest monetary policy cut growth forecast to 6.6 per cent from 7.2 per cent.
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Exploring the Advantages of Fixed Deposits from NBFCs Over Fixed Deposits
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna
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Reserve Bank of India receives bomb threat, probe underway
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, police said.
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Inflation in high income states decline faster as compared to low income s
Updated : 1 year, 3 months ago IST
The middle and high-income states in the country have experienced a sharper decline in food inflation compared to low-income states, says a report by the State Bank of India (SBI).
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ADB approves USD 788.8 million loan for Amaravati's development as green,
Updated : 1 year, 3 months ago IST
The Asian Development Bank (ADB) has approved a results-based loan worth USD 788.8 million to support the development of Amaravati as a green and smart capital city in Andhra Pradesh.
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CPI inflation in November at 5.48%; declines after three months of increas
Updated : 1 year, 3 months ago IST
India's retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.
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Gross NPA of public sector banks declined to 3.1% from peak of 14.6% in Ma
Updated : 1 year, 3 months ago IST
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.
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Oscar Bruzon urges East Bengal FC fans to turn up in numbers amid injury c
Updated : 1 year, 3 months ago IST
East Bengal FC head coach Oscar Bruzon is banking on strong home support ahead of their upcoming clash against Odisha FC on Thursday.
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