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India Ratings slashes GDP forecast below RBI estimates, citing headwinds
Updated : 7 months, 1 week ago IST
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
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Gross NPAs reduce from 9.11% to 2.58% from March 2021 to March 2025: Govt
Updated : 7 months, 1 week ago IST
Public sector banks saw a sharp decline in their gross NPAs from ₹6.17 lakh crore in March 2021 to ₹2.84 lakh crore in March 2025.
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Six states raise Rs 10,750 crore through fresh and re-issue of govt securi
Updated : 7 months, 1 week ago IST
Among the six states, Bihar has accepted Rs 2000 crore at a yield rate of 7.01 per cent for a duration of 12 years
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India's financial inclusion index improves, surges to 67 from 64.2 in Marc
Updated : 7 months, 1 week ago IST
India has made significant progress in financial inclusion, as reflected in the latest Financial Inclusion Index (FI-Index) released by the Reserve Bank of India (RBI).
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KredX's DTX Platform and Canara Bank Partner to Supercharge Digital Trade
Updated : 7 months, 1 week ago IST
Bengaluru (Karnataka) [India], July 22: KredX, India's leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India's prominent public sector banks. This collaboration aims to significantly broaden the reach of digital
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Govt to raise Rs 36,000 crores through two securities maturing in 2028 and
Updated : 7 months, 1 week ago IST
The Government of India has announced the sale (re-issue) of two dated securities to raise a total of Rs 36,000 crore through an auction which will be conducted by the Reserve Bank of India (RBI) on July 25, 2025.
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India’s forex reserves dip $3.06 bn to $696.67 bn, second straight weekly
Updated : 7 months, 1 week ago IST
India's foreign exchange reserves fell by USD 3.06 billion to USD 696.67 billion for the week ending July 11, marking the second straight week of decline, according to the official data released by the Reserve Bank of India (RBI).
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MLS: Messi records sixth brace in past seven outings, Inter Miami crush RB
Updated : 7 months, 1 week ago IST
The Argentina superstar delivered one of his best performances of the season, scoring two goals and providing two assists as his team dismantled the 2024 MLS Cup finalists at their home ground.
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Weak urban demand, global uncertainty open door for policy rate cut: Repor
Updated : 8 months ago IST
Soft urban consumption and an uncertain external demand environment have created scope for the Reserve Bank of India (RBI) to ease policy rates, a report by ICICI Bank said, as the central bank navigates a data-dependent approach amid a neutral stance.
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Rs 27,000 crore worth government securities fully subscribed on Friday
Updated : 8 months ago IST
The central government on Friday auctioned securities worth total Rs 27,000 crore (Rs 15,000 crore maturing in 2030 and Rs 12,000 crore maturing in 2054).
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RBI may go for another 25 bps rate cut in August, repo rate to come down a
Updated : 8 months ago IST
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may go for another cut in the policy rate of 25 basis points (bps) in the upcoming August policy meeting, bringing it down to 5.25 per cent, according to a report by ICICI Bank.
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India's retail inflation headed below 2% RBI tolerance band in July: Nomur
Updated : 8 months ago IST
Continuing its downward trend, retail inflation in India hit a new over six-year low in June, at 2.1 per cent.
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