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Foreign stake in 'YES BANK' could pave way for more foreign participation
Updated : 9 months, 3 weeks ago IST
The 20 per cent stake buy by Sumitomo Mitsui Financial Group in 'YES BANK' could pave way for foreign participation in the Indian banking sector says a report by Fitch Ratings. The Reserve Bank of India's (RBI's) approval of YES BANK deal could pave way for similar transactions.
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PW's Preeti Poonia from Rajasthan scores 99.80% in Class 12th RBSE 2025 Ex
Updated : 9 months, 3 weeks ago IST
Churu (Rajasthan) [India], May 26: Education company, PhysicsWallah (PW) celebrates the success of student Preeti Poonia, who scored 99.80% in the Rajasthan Board of School Education Class 12 Board Examinations 2025. A resident of the village of Satpura near Churu, Rajasthan, Preeti achieved
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India's cement sector poised for resilient growth: Report
Updated : 9 months, 3 weeks ago IST
The Indian cement sector is likely to witness a strong growth trajectory, boosted by robust economic factors, substantial infrastructure development and favourable demand-supply dynamics, a recent report by PhillipCapital indicated.
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RBI to Auction Rs19,000 Crore in Treasury Bills on May 28
Updated : 9 months, 3 weeks ago IST
The Reserve Bank of India (RBI), in a press release on Friday, May 23, 2025, announced the latest auction of Government of India Treasury Bills (T-Bills) to raise Rs19,000 crore.
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India's forex reserves dip about $5 billion in week ending May 16
Updated : 9 months, 3 weeks ago IST
India's foreign exchange reserves (forex) dipped USD 4.888 billion to USD 685.729 billion in the week ending May 16, official data released by the Reserve Bank of India (RBI) showed.
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India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
Updated : 9 months, 3 weeks ago IST
The growth rate of the Indian economy in the fourth quarter of the financial year 2025 will clock 7.0 per cent, with an uptick from the third quarter (Q3 FY25) of 6.2 per cent, according to a report by Union Bank of India (UBI).
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Fiscal deficit of govt to ease by 20 to 30 bps to 4.2% of GDP by RBI's bum
Updated : 9 months, 3 weeks ago IST
The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per cent to 4.2 per cent of GDP by the bumper dividend transfer by Reserve Bank of India, according to a report by State Bank of India
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RBI's strong dividend to govt boosted by USD sales, interest income: SBI r
Updated : 9 months, 3 weeks ago IST
The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
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RBI board approves record surplus transfer of Rs 2.69 lakh crore to Centre
Updated : 9 months, 3 weeks ago IST
This is the highest-ever surplus transfer by the RBI to the government for fiscal 2024-25 (FY25).
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Global Collaboration Boosts Risk Management Education: Global Risk Managem
Updated : 9 months, 3 weeks ago IST
Gurugram (Haryana) [India], May 23: On May 23rd, 2025, the Global Risk Management Institute (GRMI) of Gurugram and Rome Business School (RBS), Italy, announced the signing of a strategic partnership aimed at elevating research, innovation, and academic excellence. This collaboration marks a
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Rs 27,000 crore government securities auction fully subscribed
Updated : 9 months, 3 weeks ago IST
Government securities (G-sec) auction of Rs. 27,000 crore bonds in two tranches on Friday.
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Getepay Receives Final RBI Approval to Operate as Online Payment Aggregato
Updated : 9 months, 4 weeks ago IST
Jaipur (Rajasthan) [India], May 22: In a landmark development, Getepay, a digital payments and merchant enablement platform, has received final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) online under the RBI's payment regulatory framework. This
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