New Delhi: The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides…
Mumbai: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15). Interest rates on loans linked…
Mumbai: Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the…
Mumbai: Indian equity benchmarks closed in the green following a rally in IT stocks on Friday. At closing, the Sensex was 622 points or 0.78 per cent, at 80,519 and Nifty was 186 points or…
New Delhi: As India aims to become the world’s third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of…
by GHAZANFAR ALI KHAN
RIYADH: After months of hard work and dedication, Big City Solutions Company for Business Services is pleased to announce its new website (www.bigcitysolution.com) with the primary goal of creating a user-focused design, improved functionality and…
Mumbai: The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and…
Mumbai: Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments. Nexus, conceptualised by the…
Mumbai: RBI Governor Shaktikanta Das sees India moving ahead towards an 8 per cent GDP growth trajectory on a sustained basis, driven by structural economic reforms such as GST. “If you look at the average…
New Delhi: Global brokerage firm Morgan Stanley is optimistic about Indian economic growth despite the coalition government. Ridham Desai, MD of Morgan Stanley India, asserted that under PM Narendra Modi’s leadership, the government will implement…
