BoB cuts interest rates on home and MSME loans taken till the end of the month
With competition turning intense ahead of the year end, Bank of Baroda cut the interest rate on housing loans by 40 basis points (bps) on Sunday, to 8.5 per cent,…
Rajan questions why SEBI didn’t get to the bottom of the issues raised by Hindenburg
Former RBI governor Raghuram Rajan has asked why SEBI has not yet got to the bottom of ownership of the four Mauritius-based funds who are said to have parked 90…
Quarterly GDP growth looks weak due to revisions made in previous years: CEA
A day after the October-December quarter gross domestic product (GDP) growth estimates came in lower than market expectations, Chief Economic Advisor V Anantha Nageswaran said that the figures came across…
PM Modi will release 13th instalment of Rs 16,800cr under PM-KISAN on Monday
Prime Minister Narendra Modi will release the 13th instalment of financial benefits worth Rs 16,800 crore to over eight crore eligible farmers under the flagship PM-KISAN scheme on Monday ahead…
Bank capital requirement may increase by 15-20% based on RBI’s draft market risk norms
The Reserve Bank of India’s (RBI’s) recently released draft guidelines on minimum capital requirements provide more flexibility to banks for treatment of certain instruments, but lenders may need 15-20 per…
December quarter GDP growth seen below 5% on normalized basis
India’s economic growth may show a lower than 5 per cent print in the December quarter of FY23 on a normalising base, even though many high frequency indicators point to…
Sebi may remove small town incentive for mutual funds
The Securities and Exchange Board of India (Sebi) is likely to scrap an incentive it allows fund houses for mobilising assets from smaller centres — called Beyond 30 (B30) in…
Private consumption likely to impact India’s IT sector shortfall
Private consumption in the country is likely to be affected because of a cutback in fresh hiring and lower pay increments given by domestic IT companies, whose salary bill continues…
PM Modi, German Chancellor Scholz hold wide-ranging talks to boost ties
Prime Minister Narendra Modi and German Chancellor Olaf Scholz held talks on Saturday. “The strong ties which India and Germany share are based on shared democratic values, and a deep…
After Turkey Quake This Two-Month-Outdated Survived Beneath Rubble For 128 Hours
Turkey Earthquake: 28,000 lifeless, 6,000 collapsed buildings, a whole lot of aftershocks – Turkey has been reeling since Monday’s magnitude 7.Eight earthquake. However miraculous tales of survival preserve rising amid…