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Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 3 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
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Domestic markets dip in early trade, tracking global cues
Updated : 3 years, 3 months ago IST
S&P BSE Sensex lost 98.91 points to 61.700.12 while NSE Nifty50 declined 25.25 points to 18,393.65 in the early trade of Friday.
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ED attaches Rs 58.15-L assets in MBBS aspirants for seats cheating case
Updated : 3 years, 3 months ago IST
These assets included bank balances worth Rs 12.15 lakh and immovable assets worth Rs 46 lakh and were attached under the Prevention of Money Laundering Act, 2002 (PMLA), according to a statement from the agency.
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Agricultural Production Department reviews implementation of PM KISAN in J
Updated : 3 years, 3 months ago IST
According to the official statement, the ACS in detail discussed the targets, achievements, pendency and recoveries, seeding of bank accounts with Aadhaar of the beneficiaries, their linking with revenue records and e-KYC from every district with regard to PM KISAN.
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Boris Becker freed from Britain prison, returns to Germany
Updated : 3 years, 3 months ago IST
As per ESPN, the 55-year-old German, who has been living in Britain since 2012, was released on Thursday, following which, he travelled back to Germany. The six-time Grand Slam champion was sentenced to 30 months of prison back in April for illicitly transferring a large amount of money and
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ADB lowers growth forecast for developing Asia
Updated : 3 years, 3 months ago IST
Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth, ADB said in its Asian Development Outlook.
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Raghuram Rajan says, "We will be lucky if we get 5 per cent growth next ye
Updated : 3 years, 3 months ago IST
While talking with Congress leader Rahul Gandhi, the former governor of the Reserve Bank of India said, "India is also going to be hit. India's interest rates have also gone up but Indian exports have been slowing quite a bit."
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8th edition of Orange 4x4 Fury to be held from December 15-17
Updated : 3 years, 3 months ago IST
The event is part of the annual Orange Festival of Adventure and Music (OFAM), hosted at the quaint village of Dambuk nestled on the banks of the Dibang river and in the foothills of the mighty Eastern Himalayas surrounding Arunachal Pradesh.
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US Federal Reserve raises interest rates by 50 basis points
Updated : 3 years, 3 months ago IST
The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years.
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We value the G20 presidency of India, says G20 Deputy of France
Updated : 3 years, 3 months ago IST
The First G20 Finance and Central Bank Deputies Meeting, under the Indian Presidency, was held in Bengaluru, Karnataka, during December 13-14, Finance Ministry said in a press statement. The meeting saw an enthusiastic gathering of over 160 foreign delegates including Deputies from G20 membe
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Sitharaman says inflation has come down, will decline further
Updated : 3 years, 3 months ago IST
While addressing the lower house, Sitharman cited a World Bank report titled 'India Development Update: Navigating the Storm'.
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RBI Governor interacts with FinTechs and industry associations
Updated : 3 years, 3 months ago IST
In his introductory remarks, the RBI Governor stated that FinTech initiatives and start-ups are important segments of aspirational India.
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