new delhi , Dec 4
The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.RBI...
new delhi, Dec 4
Taking the economy out of a technical recession without stoking inflation, which is already 77-month high, is a major challenge in the preparation of Budget for FY-22, and its contours will be set by the Reserve...
new delhi, dec 03
Business activity in Saudi Arabia grew at the fastest pace since the beginning of the year, fueled by a sharp rise in sales and strengthening sentiment.
Non-oil private sector activity in the kingdom rose to the highest...
Mumbai,dec 03
Equity benchmark Sensex rallied over 300 points in early trade to hit its fresh intra-day record on Thursday tracking gains in index majors HDFC Bank, Reliance Industries and Maruti amid largely positive cues from global markets.After scaling a...
New Delhi, dec 03 The Indian economy is witnessing a V-shaped recovery as the Gross Domestic Product (GDP) has recorded a quarter-on-quarter growth of 23 per cent in the July-September quarter of this fiscal, according to the Finance Ministry’s...
Mumbai, Dec 3
The Reserve Bank is likely to keep the benchmark interest rate unchanged at its bi-monthly monetary policy review outcome to be announced on Friday, but may revise growth estimates in view of the September quarter GDP turning...
In an unprecedented move, the Reserve Bank has temporarily barred HDFC Bank from launching digital banking initiatives and issuing new credit cards after taking a serious view of service outages at the country's largest private sector lender over the...
Domestic equity benchmarks ended marginally higher on Thursday, with the Nifty settling at a fresh record, amid mixed cues from global markets.
After scaling an all-time intra-day peak of 44,953.01, the 30-share BSE Sensex pared some gains to end 14.61...
mumbai, dec 02
Budget carrier SpiceJet on Wednesday said it is gearing up to provide logistics support for Covid-19 vaccination with its dedicated freighter division SpiceXpress having capability to transport extremely sensitive drugs and vaccines in controlled temperatures ranging from...
new delhi,dec 02
After six months of continuous decline, investment in mutual funds through SIPs rose to Rs 7,800 crore in October indicating a return to normalisation for the retail investor.However, the increase in SIP numbers “may induce many to...
