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Too long a period for current food price shock to be termed as transitory,
Updated : 1 year, 8 months ago IST
Faced with food inflation remaining at elevated levels consistently, the Reserve Bank of India on Thursday said that it is too long a period for a food price shock to be termed as transitory.
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India's Digital Infrastructure paving ways for MSME financial inclusion: I
Updated : 1 year, 8 months ago IST
The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
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Test skipper Ben Stokes banks on pace as "massive weapon" for England afte
Updated : 1 year, 8 months ago IST
Despite Anderson and Broad not featuring in England's playing XI anymore, a sense of familiarity still lingers in their bowling line-up.
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ADB approves USD 240.5 mn loan for rooftop solar systems in India
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
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ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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UAE: CBUAE, Bank Indonesia sign MoU to bolster cooperation in payments spa
Updated : 1 year, 8 months ago IST
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have today signed a Memorandum of Understanding (MoU) aimed at establishing a framework to enhance bilateral cooperation in the area of payment systems.
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Kharif sown area improves by 10.3 per cent in 2024 sowing season
Updated : 1 year, 8 months ago IST
Despite rainfall remaining 2 per cent below the LPA, as of July 15, the overall sown area of Kharif crops has improved by 10.3 per cent as compared to last year. A report by Bank of Baroda research says the overall cumulative rainfall this year remains marginally on the lower side so far at
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Gujarat: Over 1700 Micro ATMs installed at Cooperative Societies in Banask
Updated : 1 year, 8 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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Max Life celebrates 50th Super Customer Week with 10,000 walk-ins across 3
Updated : 1 year, 8 months ago IST
New Delhi [India], July 17: Max Life Insurance Company Ltd. ("Max Life"/ "Company") celebrates the success of its 50th Super Customer Week, highlighting its commitment to building lasting customer relationships through engaging initiatives. This special event, which took place across 350+ br
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After successful pilot, Gujarat to launch 'Cooperation Among Cooperatives'
Updated : 1 year, 8 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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Brickwork Ratings (BWR) approved by RBI for Bank Risk-Weighting Claims
Updated : 1 year, 8 months ago IST
Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of Brickwork Ratings India Private Limited (BWR) for risk-weighting their claims for capital adequacy purposes, according to a statement released by the RBI on July 10, 2024.
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World Bank Report Highlights Dire Impact of Climate Change on Education
Updated : 1 year, 8 months ago IST
Washington D.C. [US], July 16: A new report from the World Bank reveals the profound impact of climate change on education systems globally. As the climate crisis intensifies, extreme weather conditions are significantly disrupting educational environments and learning outcomes, especially i
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