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India's services sector growth lowest since November 2023, show PMI data
Updated : 1 year, 5 months ago IST
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
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NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
Updated : 1 year, 5 months ago IST
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
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FIR has unmasked BJP's "sinister plan": Congress on electoral bond case ag
Updated : 1 year, 5 months ago IST
"The pattern had been that when was the electoral bond taken and how much amount was taken, and then how many times ED knocked on their doors before buying the bonds and after the electoral bond was brought, then either their cases against them were slowed or they were released from custo
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Spend and loan growth of credit cards slowed as lenders are cautious on as
Updated : 1 year, 5 months ago IST
Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August 2024, down from 19 per cent in July 2024. The Reserve Bank of India (RBI) credit card data for August 2024, has also highlighted a continued slowdown in both the number of cards i
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Kamindu Mendis continues remarkable streak with another half-century in Te
Updated : 1 year, 5 months ago IST
Kamindu Mendis' extraordinary run in Test cricket shows no signs of slowing down, as he notched yet another half-century, making it eight consecutive scores of fifty or more in Test cricket, as per ICC.
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India's composite PMI growth slows in September, marking slowest growth in
Updated : 1 year, 6 months ago IST
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
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Fossil fuels will continue to lead energy mix amid slow EV growth and clea
Updated : 1 year, 6 months ago IST
Though fossil fuel consumption is expected to plateau between 2025 and 2035, investments in this sector are likely to continue in order to ensure energy reliability during the global transition to cleaner sources.
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Kauvery Hospitals awarded Platinum level in the inaugural NABH Digital hea
Updated : 1 year, 6 months ago IST
Chennai (Tamil Nadu) [India], September 19: There has been an increasing demand for healthcare services to be made available at the convenience of your home in the post pandemic world. Healthcare services do not render themselves easily to these conveniences and the sector has generally been
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In the long run, rate cut by Fed will be favourable for most US banks: Moo
Updated : 1 year, 6 months ago IST
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs to reprice downward more slowly than their loan yields, constraining net interest income, which is most banks' largest revenue source." Said the report
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Heavy rain lashes parts of Delhi-NCR; commuters face traffic snarls, water
Updated : 1 year, 6 months ago IST
The huge traffic was seen on the roads, slowly moving in the snarl. The commuters, especially the ones returning to their homes, faced tough times.
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Emmys: Writer Will Smith takes sly dig at his namesake star, says "despite
Updated : 1 year, 6 months ago IST
'Slow Horses' writer Will Smith's award-winning speech at Emmys 2024 will make you think about his namesake, 'The Pursuit of Happyness' star, Will Smith.
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"Deep depression over Gangetic West Bengal moved slowly westward; intensit
Updated : 1 year, 6 months ago IST
The India Meteorological Department (IMD) on Sunday said that the deep depression that was formed over Gangetic West Bengal and adjoining Bangladesh has moved slowly westward and subsequently, within the duration of 24 hours, its intensity will gradually weaken into a 'depression'.
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