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Base year revision of key indicators to support better-calibrated monetary
Updated : 1 month, 4 weeks ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
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What Is Hyperspectral Analysis & How Is It Used to Bust False Documents?
Updated : 1 month, 3 weeks ago IST
New Delhi [India], January 16: One extra zero added to a bank check can mean the difference between losing $100 and losing $1,000. In many cases, such alterations are nearly impossible to detect with the naked eye, especially when the document appears perfectly authentic. Fortunately, for
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World Bank approves $286 million loan to improve quality healthcare in Ben
Updated : 1 month, 4 weeks ago IST
The World Bank has approved financing for a program to improve the quality of life and life expectancy in West Bengal through wider, more equitable access to quality healthcare.
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CBI Court sentences two companies, six individuals in Rs 152 crore Canara
Updated : 1 month, 4 weeks ago IST
The CBI had registered the case on July 14, 2020, following a complaint from Canara Bank's Circle Office in Karnal, Haryana. It was alleged that the accused, acting in criminal conspiracy, dishonestly and fraudulently obtained credit limits and loans amounting to Rs 152 crore and siphoned
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Muthoot Microfin Recognized as Financial Inclusion Institution of the Year
Updated : 1 month, 4 weeks ago IST
Mumbai (Maharashtra) [India], January 15: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), among India's leading Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has secured two prestigious national awards at the Inclusive Finance India Awards 2025, presented at the
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US completes first USD 500 million sale of Venezuela oil: Report says some
Updated : 1 month, 4 weeks ago IST
According to the Semafor report, revenue from the oil sales is currently being held in bank accounts controlled by the US government, as indicated in Friday's order, according to the administration official. The main account, according to a second senior administration official, is located i
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Visa Supports Chinese Cardholders to Add Cards to Apple Pay for a More Con
Updated : 1 month, 4 weeks ago IST
Singapore, January 15: Today, Visa, a world leader in digital payments, announced its support for Chinese Visa cardholders to pay with Apple Pay. Together with Apple, Visa will enable Chinese cardholders to add Visa cards[1] from participating banks to Apple Pay and make payments at overseas
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Escalation in US-Iran tensions adds to India's inflation risk as commodity
Updated : 1 month, 4 weeks ago IST
Escalation of tensions between the United States and Iran could add to upside risks to inflation in India, as it may push global commodity prices upwards, highlighted a report by Bank of Baroda.
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Kotak Rings in 30 Years on the NSE Marking India's Rise as a Robust Financ
Updated : 1 month, 4 weeks ago IST
Mumbai (Maharashtra) [India], January 15: Kotak Mahindra Bank marked 30 years of being listed on the National Stock Exchange with a bell-ringing ceremony that celebrated the Bank's journey alongside India's rise as a strong, trusted and modern financial market. What began as a small NBFC in
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Indian banks' deposits cross Rs 253 lakh crore as of Dec'25: RBI
Updated : 1 month, 4 weeks ago IST
Bank credit also witnessed a notable increase. Non-food bank credit of all scheduled banks climbed to Rs 208.14 lakh crore as on December 31, 2025, compared with Rs 201.81 lakh crore on December 15, 2025 and Rs 181.95 lakh crore in late December 2024. Loans, cash credits and overdrafts forme
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RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 1 month, 4 weeks ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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Food price relief keeps WPI contained despite December uptick: BoB Economi
Updated : 2 months ago IST
Looking ahead, economists cautioned that while global commodity prices such as oil and base metals are currently under pressure, risks remain from currency depreciation and potential geopolitical tensions, which could push input costs higher and add upside risks to inflation in the coming mo
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