According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets, amounting to USD 40.7 billion, outpacing the increase in foreign-owned assets within India, which stood at USD 28.5 billion.
The UAE Food Bank, an initiative under the Mohammed bin Rashid Al Maktoum Global Initiatives Foundation, in partnership with Taya Art Production, launched the 'Cook of Thousand Meals' initiative, under which 20 thousand meals were prepared and distributed for Iftar and Suhoor.
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level and signs that the central bank is done tightening its monetary policy have all contributed to painting a bright picture for the Indian economy.
Mumbai (Maharashtra) [India], March 29: On the occasion of ICICI Lombard's Analyst Day, 2024, the organization showcased its digital ecosystem, comprising tech capabilities across product categories. The organization emphasized on Cloud, Data, AI/ML, IoT led digital transformation that has e
The youth, identified as Pramod Kumar Dandotiya (around 25 years old), a resident of Gwalior, came to know about the matter when he received a notice from the Income tax and GST that a company has registered through his PAN card which is being operated in Mumbai and Delhi 2021.
It further said that during the investigation into the case, as many as 19 persons including employees of Directorate of Higher Education, Shimla, chairman, vice chairman, directors and employees of educational Institutes and Bank officials were arrested.
"We very much hope that in India, as in any country that is having elections, that everyone's rights are protected, including political and civil rights, and everyone is able to vote in an atmosphere that is free and fair," said Stephane Dujarric, Spokesman for the Secretary-General on Th
Pune (Maharashtra) [India], March 29: Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved
The central bank cited operations related to "Annual Closing of Accounts" as the reason behind the unavailability of exchange and deposit services. The facility will resume on Tuesday.
The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad.