Search For "monetary"
RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-oper
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
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Outlook 2024: Defying challenges, Indian real estate scales new heights; s
Updated : 2 years, 2 months ago IST
The Indian real estate sector continued to scale new highs in 2023, defying the tightened monetary policy stance of the Reserve Bank of India (RBI), and also at a time when its counterpart in neighbouring China is in crisis.
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Kazakhstan bags leading position in GDP growth among Central Asian countri
Updated : 2 years, 2 months ago IST
Kazakhstan has bagged a leading position in Gross Domestic Product (GDP) among the Central Asian countries and the Commonwealth of Independent States (CIS), Finprom financial and business analytical service reported, according to the Astana Times.
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Outlook 2024: With no apparent hurdles on horizon, road seems clear for st
Updated : 2 years, 2 months ago IST
Cumulatively, the past twelve months have been stellar for investors who parked their money in Indian stocks. Though there has been a couple of turbulence, first during the Adani-Hindenburg episode and lately during the initial days of the Israel-Hamas war, the calendar year 2023 gave han
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UAE ranks first among Arab economies in competitiveness
Updated : 2 years, 2 months ago IST
The United Arab Emirates has cemented its position as the most economically competitive nation in the Arab world, securing the top spot in the latest Arab Economic Competitiveness Index released by the Arab Monetary Fund (AMF).
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RBI imposes monetary penalty on four Gujarat-based co-operative banks
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks, ranging from Rs 50,000 to Rs 7 lakh, for some non-compliances.
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Uncertainties in food prices to push inflation higher in November-December
Updated : 2 years, 2 months ago IST
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
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IMF projects 6.3% growth for India in 2023-24 says growth supported by mac
Updated : 2 years, 2 months ago IST
The Indian economy is projected to grow at 6.3 per cent in the current financial year and the next, the International Monetary Fund (IMF) said in a report.
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IMF commends India's economic resilience and growth amid global challenges
Updated : 2 years, 2 months ago IST
The Executive Board of the International Monetary Fund (IMF) came up with a ringing endorsement of India's growth story after concluding the Article IV consultation with New Delhi, commending the nation's robust economic growth, resilient financial sector, and notable progress in formalis
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Sharekhan by BNP Paribas: Celebrating a Hat-Trick of Prestigious Awards in
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 18: Sharekhan by BNP Paribas, one of India's most respected full-service online brokerage houses, is proud to announce a series of remarkable achievements that solidify its position in the financial services industry. This year, Sharekhan has been Ranke
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Pakistan slashes petrol price by PKR 14, high-speed diesel by PKR 13.5
Updated : 2 years, 3 months ago IST
It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD. The State Bank reported the dollar had settled at PKR 283.51 on Thursday after losing against the local currency. Dealers said the market stayed calm even
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Sri Lanka needs to finalize deals with creditors ahead of second review in
Updated : 2 years, 3 months ago IST
International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer has said the country needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the firs
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