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Public Sector Banks records strong performance in 1st half of FY25
Updated : 1 year, 4 months ago IST
The Indian Public Sector Banks (PSBs) reported a robust performance in the first half of the financial year 2024-25, with aggregate business standing at Rs 236.04 lakh crore, showing 11 per cent Year on Year growth, the Ministry of Finance said on Tuesday.
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Vegetable prices sky-rocket in October, food inflation at 10.87%, CPI at 6
Updated : 1 year, 4 months ago IST
India's retail inflation was at 6.21 per cent in October, breaching the Reserve Bank of India's 6 per cent upper tolerance level.
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Indian stock indices in red for 4th day amid sustained FII sell-off, relat
Updated : 1 year, 4 months ago IST
Indian equity indices, the BSE Sensex and NSE Nifty50, both ended in the red on Tuesday, due to the losses in banking, Auto, and financial sector stocks.
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'Any relief on bank guarantee will be provided across the sector': Scindia
Updated : 1 year, 4 months ago IST
Responding to a question from reporters Union Communications minister Jyotiraditya Scindia said on Tuesday that any relief on bank guarantee for spectrum allocation to any telecom player will be given across the board, however, no decision is made as of now.
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Tide in India Celebrates 1,200 Employee Milestone, Two Years Ahead of Targ
Updated : 1 year, 4 months ago IST
New Delhi [India], November 12: Tide¹ in India, the leading business financial platform for SMEs, has reached a significant milestone two years ahead of its target by crossing 1,200 employees in the country. In June 2021, Tide announced it would be creating over 1,000 jobs in India b
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Hashtag Web3 Releases a Collaborative Report on India's Digital Currency
Updated : 1 year, 4 months ago IST
New Delhi [India], November 12: Hashtag Web3's latest report, Central Bank Digital Currency in India, provides a comprehensive look at India's transition to the Digital Rupee. This collaborative analysis, enriched by insights from over 30 industry experts and the Web3 community, examines the
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BoB anticipates India's GDP growth in Q2 Fiscal Year 25 at 6.9 %, more tha
Updated : 1 year, 4 months ago IST
India's economy is expected to grow by 6.9 per cent in the second quarter of the current financial year, surpassing the 6.7 per cent growth rate recorded in the first quarter, highlighted a report by Bank of Baroda.
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Why an AU Savings Account Is Perfect for First-Time Account Holders
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], November 12: Opening a bank account is important for financial independence, especially for first-time account holders. With various options available, it can be overwhelming to choose the right one. With so many options available, an AU Savings Account stands o
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Despite revoking GSP status in Trump 1.0, India-US trade surged, Trump 2.0
Updated : 1 year, 4 months ago IST
Despite losing Generalized System of Preferences (GSP) status under the Trump administration's first term, India's trade with the United States demonstrated notable resilience and growth, highlighted a report by State Bank of India.
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PKL: Haryana Steelers bank on team effort to secure comeback win over U Mu
Updated : 1 year, 4 months ago IST
Haryana Steelers stole the show with a magnificent comeback win against U Mumba, overturning a nine-point deficit to win 48-39 in the ongoing Pro Kabaddi League (PKL) season at the Noida Indoor Stadium on Monday.
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Union Finance Minister Nirmala Sitharaman meets AIIB Board of Directors in
Updated : 1 year, 4 months ago IST
Union Finance Minister Nirmala Sitharaman held a meeting with the Asian Infrastructure Investment Bank (AIIB) delegation in Delhi on Monday.
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FPI can go beyond 10% in listed company by reclassifying investment as FDI
Updated : 1 year, 4 months ago IST
The Reserve Bank of India on Monday announced that a foreign portfolio investor (FPI) investing in excess of the prescribed 10 per cent limit in a company, shall have the option of divesting their holdings or reclassifying such holdings as foreign direct investment (FDI).
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