PSBs Achieve Record Net Profit of ₹1.41 Lakh Crore in FY 2023-24
Public Sector Banks (PSBs) in India have recorded their highest-ever aggregate net profit of around 1 lakh 41 thousand crore in the financial year 202...
Foreign investors pump ₹28,000 crore into Indian capital markets
Foreign investors pumped in nearly 28,000 crore rupees into the Indian capital markets in the first two weeks of this month. As per the depositories d...
Govt to launch Udaan Yatri Cafe at airports to offer affordable food for UDAN scheme passengers
Union Civil Aviation Minister K R Rammohan Naidu has said that the government will soon be launching the Udaan Yatri Cafe for passengers travelling th...
India’s Forex Reserves Fall by $3.23 Billion to $654.86 Billion: RBI
India’s foreign exchange (FOREX) reserves declined by 3.23 billion dollars to 654.86 billion dollars in the week ending December 6, the latest data re...
Nov retail inflation eases to 5.48%
India’s retail inflation eased to 5.48 percent in November, down from 6.2 percent in the previous month of current fiscal year. According to data rele...
India’s industrial output rose 3.5% in October 2024
India’s industrial output rose to 3.5 per cent in October this year, as per the data released by the Ministry of Statistics and Programme Implementati...
Nitin Gadkari Inaugurates bauma CONEXPO INDIA 2024
Union Road Transport Minister Nitin Gadkari has said that the Central government is dedicated to building a self-reliant India with a 5-trillion-dolla...
Sanjay Malhotra Takes Charge as RBI Governor
RBI Governor Sanjay Malhotra yesterday emphasised the importance of maintaining stability in a dynamic global environment marked by geopolitical tensi...
India’s Electronics Production Soars to ₹9.52 Lakh Crores
Union minister of state for Electronics and IT, Jitin Prasada informed Lok Sabha during question hour yesterday that the domestic production of the el...
FSSAI Mandates Bold Labelling of Sugar, Salt & Fat on Packaged Foods
The Food Safety and Standards Authority of India (FSSAI) has made it mandatory to display nutritional information regarding added sugar, salt, and sat...
Oil prices rose over 1% on Wednesday
Oil prices rose over one percent yesterday, as market participants anticipated a rise in demand from top importer China following its latest plans to ...
Centre Revises Wheat Stock Limits to Curb Hoarding
The Union Government has decided to revise the wheat stock limit applicable until 31st March 2025.In order to manage overall food security and to prev...
FM Nirmala Sitharaman emphasises that citizen-centric governance is the core principle of the Modi government
Union Finance Minister Nirmala Sitharaman yesterday stated that India’s banking sector, especially Public Sector Banks (PSBs), has seen a remarkable t...
SIP Inflows Cross Rs 25,000 Crore Mark for 2nd Consecutive Month in November
The inflow into systematic investment plans (SIPs) in the country topped the 25,000 crore rupees mark for the second consecutive month and stood at 25...
73,151 startups in India now have at least one woman Director: Commerce & Industry Ministry
Commerce and Industry Ministry has said that 73,151 startups with at least one-woman director have been recognized under the Startup India Initiative....
RBI releases 9th edition of its statistical publication Statistical Handbook on Indian States 2023-24
The Reserve Bank of India (RBI) has released the ninth edition of its statistical publication, Handbook of Statistics on Indian States, 2023-24. This ...
NABARD provides financial support for development of Tribal areas
The Centre yesterday said that NABARD is giving monetary support for development of tribal areas under its Tribal Development Fund (TDF) and 1029 proj...
Oil prices surge over 1%
Oil prices on Monday surged over one percent as top importer China announced that it will adopt an moderately loose monetary policy next year as part ...
Govt plans to appoint 2 lakh Bima Sakhis over next 3 years: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the government plans to appoint 2 lakh Bima Sakhis or insurance agents over the next three years.Add...
UPI enabled significant expansion of credit among underserved borrowers: Study
The Unified Payments Interface (UPI), which was launched in 2016, has transformed financial access in the country. According to a study titled Open Ba...
Foreign Investors Return to Indian Markets, Pump Rs 24,454 Crore in December’s First Week
After heavy withdrawals in the past two months, foreign investors have made a comeback to Indian equities with an investment of over 24,000 crore rupe...
India invites Norwegian companies to leverage local talent
Union Commerce and Industry Minister Piyush Goyal proposed launching a startup bridge between Norway and India as the two countries discuss various wa...
India’s Forex Reserves rise by 1.51 billion dollars to 658.09 billion dollars
India’s foreign exchange (FOREX) reserves increased by 1.51 billion dollars to 658.09 billion dollars in the week ending November 29. This marks the f...
FM Sitharaman chairs 1st pre-budget consultation with leading economists for upcoming union budget
Union Finance Minister Nirmala Sitharaman chaired the first pre-budget consultation with leading economists in New Delhi on Friday for the upcoming un...
RBI Keeps Key Lending Rate Unchanged
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation and lowered the growth tar...
S&P Global Ratings predicts 3% global economic expansion in 2025
S&P Global Ratings predicts a 3 percent global economic expansion in 2025, with growth slowing in the U.S. and China, while the Eurozone recovers ...
RBI to announce bi-monthly monetary policy decisions
The Reserve Bank of India will announce its bi-monthly monetary policy decisions today. The Monetary Policy Committee, chaired by RBI Governor Shaktik...
Hyundai Motor India to hike prices up to Rs 25,000 across models from Jan 1
New Delhi: Hyundai Motor India Limited (HMIL) on Thursday announced to increase prices across its model range effective from January 1, 2025, owing to...
5G services spread across the country says Communication Minister
The government yesterday said 5G services are available in 779 districts out of 783 districts in the country.In a written reply in the Lok Sabha, Mini...
UAE leads global rankings in sustainable development & economic innovation
The UAE has established itself as a global leader in the new economy according to a recent report by the Statistical Centre for the GCC (GCC-Stat) com...
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