Browsing Category
Economy
SC asks Kalanithi Maran, KAL Airways to consider SpiceJet’s settlement offer
New Delhi: The Supreme Court on Thursday asked Kalanithi Maran, the former promoter of SpiceJet, to consider the full and final settlement offer made by the private airline to end the dispute in a share transfer matter.
A bench headed by!-->…
Read More...
Read More...
RBI proposes to raise limit on e-RUPI vouchers to Rs 1 lakh
New Delhi: The Reserve Bank of India (RBI) on Thursday proposed to enhance the cap under e-RUPI prepaid digital vouchers.
The present cap of Rs 10,000 will be increased to Rs 1 lakh per voucher and such vouchers will be allowed to be!-->…
Read More...
Read More...
Omicron Impact: ‘Some loss’ in economic activity momentum, says RBI Guv
Mumbai: Covid's ongoing third wave has led to "some loss of momentum in economic activity" which has been reflected in high frequency indicators, Reserve Bank of India (RBI) Shaktikanta Das said on Thursday.
He also pointed out that!-->…
Read More...
Read More...
LIC has consistently lost market share in retail segment
On a 2-year CAGR basis, the retail weighted received premium (RWRP) growth in YTDFY22 is 10.2 per cent for the private life insurers and (-) 6.6 per cent for LIC. This divergent growth trend has led to the private sector gaining 8 per!-->…
Read More...
Read More...
‘For durable recovery’: RBI’s MPC retains rates, accommodative stance
Mumbai: The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22.
The growth-oriented accommodative stance was also retained to give a push to!-->…
Read More...
Read More...
Inflation Projections Benchmarked to Global Crude Prices, Says RBI Governor
New Delhi: Reserve Bank of India Shaktikanta Das on Thursday said the inflation projections were benchmarked to international crude oil prices.
"Our inflation projections are benchmarked to international crude oil prices. We have!-->…
Read More...
Read More...
India’s FY23 GDP growth projected at 7.8%: RBI Guv
Mumbai: India's GDP is expected to grow at 7.8 per cent in FY2022-23, said RBI Governor Shaktikanta Das on Thursday.
In a statement after the Monetary Policy Committee's bi-monthly meet, Das said the real GDP growth is projected at 17.2!-->…
Read More...
Read More...
RBI projects India’s FY23 retail inflation at 4.5%
Mumbai: India's FY23 retail inflation is projected at 4.5 per cent, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.
Besides, inflation projection for 2021-22 is retained at 5.3 per cent, with Q4FY22 at 5.7 per!-->…
Read More...
Read More...
Monetary Support: RBI’s MPC retains rates, accommodative stance
Mumbai: The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22.
Besides, the growth-oriented accommodative stance was retained to give a push to!-->…
Read More...
Read More...
Indian equities extend gains; Sensex rises over 200 pts
New Delhi: India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their gains from the previous session and traded on a positive note in early trade on Thursday.
At 10.25 a.m., Sensex traded at 58,669!-->…
Read More...
Read More...