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Industry seeks rate cut as economists expect pause by RBI amid 8.2% Q2 GDP
Updated : 3 months, 2 weeks ago IST
As the Reserve Bank of India's Monetary Policy Committee (MPC) prepares to announce its policy decision this week, the industry and economists remain divided on what the central bank will do.
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Credit growth to rebound as IPO liquidity spent and working capital demand
Updated : 3 months, 2 weeks ago IST
The credit growth of the banks in the country which had slowed in recent quarters, is expected to pick up as companies begin to draw more funds for their day-to-day operations, highlighted a report by State Bank of India.
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Pope Leo reiterates the two-state solution for Israeli-Palestine conflict
Updated : 3 months, 2 weeks ago IST
The Pope made the comments as he flew from Turkiye to Lebanon on Sunday for the second and final leg of his maiden international voyage as Pope.
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RBI expected to favour repo rate pause after robust Q2 GDP numbers: SBI Re
Updated : 3 months, 2 weeks ago IST
The Reserve Bank of India (RBI) may keep the repo rate unchanged at its upcoming December monetary policy review meeting, given that the country's economy reported strong 8.2 per cent GDP growth in the July-September quarter.
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PM Modi to brief media at 10:00 am on opening day of Parliament Winter Ses
Updated : 3 months, 2 weeks ago IST
Prime Minister Narendra Modi will brief accredited media representatives on the opening day of the Sixth Session of the Eighteenth Lok Sabha on December 1 (Monday) at 10:00 am. The briefing will take place at Hans Dwar, Parliament House.
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India's forex reserves drop $4.5 billion, still hovers around record high
Updated : 3 months, 2 weeks ago IST
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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UAE President waives AED 475.154 million in debt for 1,435 Emiratis
Updated : 3 months, 2 weeks ago IST
The move comes in line with the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and under the follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court.
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Mamata clubs all Muslims as minorities to strengthen vote bank, divides Be
Updated : 3 months, 2 weeks ago IST
Leader of Opposition in the West Bengal Assembly, Suvendu Adhikari, on Saturday, accused West Bengal Chief Minister Mamata Banerjee of dividing people along language and caste lines to strengthen her vote bank.
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India Gate protests: Court declines police custody, sends 8 accused to jud
Updated : 3 months, 2 weeks ago IST
Accused persons, namely Vishnu Tiwari, Akshay, Sameer Fayis, Banka Akash, Prakash Kumar Gupta, Aahan Arun Upadhyay, Vagisha Anudeep, and Ayisha Wafiya, were produced at the judge's residence, and the Delhi police sought a seven-day custody.
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India, ADB sign $800 million loan for projects, grant of $1 million; in 4
Updated : 3 months, 2 weeks ago IST
The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat.
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RBI issues 244 issues Master Directions, consolidating over 9,000 circular
Updated : 3 months, 2 weeks ago IST
This exercise, according to RBI, is expected to enhance clarity, ease of access, and reduce compliance burden for REs, thereby supporting the broader objective of improving ease of doing business.
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No major Rupee depreciation expected in short run; fundamentals largely su
Updated : 3 months, 2 weeks ago IST
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
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