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May 29, 2025 4:58 PM
The Reserve Bank of India (RBI), in its annual report released today, projected India to retain its status as the fastest-growing major economy during current financial year. Growth will be driven by rising household consumption, strong bank and corporate balance sheets, and continued public capital...
May 28, 2025 10:24 PM
Minister of Consumer Affairs Prahlad Joshi today held a meeting with the e-commerce platforms over the issue related to dark patterns in New Delhi. Briefing the Media after the meeting the Minister said that the ministry has identified 13 dark patterns. He said that false urgency claims, misle...
May 28, 2025 9:38 PM
In the Indian Bullion Market, 24 Karat Gold was trading over 0.4 percent up at 96,040 rupees per 10 grams, while Silver 999 Fine was trading over 0.2 percent up at 97,990 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading 0.4 percent up...
May 28, 2025 8:31 PM
India’s industrial production growth, measured by the Index of Industrial Production (IIP) slowed to 2.7 percent in April, as compared to growth rate of 3 percent in March, according to the data released by the Ministry of Statistics and Programme Implementation. Among the three major components...
May 28, 2025 7:54 AM
India has received foreign direct investment (FDI) inflows worth 81.04 billion US dollars in the financial year 2024-25. It reflects a 14 per cent increase from 71.28 billion US dollars in the financial year 2023-24. The Ministry of Commerce and Industry, in a statement, said that the services sec...
May 27, 2025 6:09 PM
The benchmark domestic equity indices ended with losses of around 0.7 percent weighed down by FMCG, IT, and auto sectors and weak global cues in a volatile trade today. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 625 points, or 0.76 per cent to close at 81,552. The National Stoc...
May 25, 2025 2:00 PM
NITI Aayog CEO BVR Subrahmayam has said that India has surpassed Japan to become the fourth-largest economy in the world. Briefing media in New Delhi yesterday after the Governing Council Meeting of NITI Aayog, Dr Subrahmanyam said that according to IMF data, India today is larger than Japan. He...
May 23, 2025 8:29 PM
The Reserve Bank of India (RBI) has levied fines on Union Bank of India and Transactree Technologies Pvt Ltd for breaching regulatory norms. Union Bank was fined 63.60 lakh rupees for failing to transfer eligible funds to the Depositor Education and Awareness Fund and collecting collateral on small ...
May 23, 2025 7:10 PM
The Central Board of Directors of the Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees as surplus to the Central Government for the financial year 2024-25. The decision was taken during a board meeting chaired by RBI Governor Sanjay Malhotra in Mumbai. ...
May 22, 2025 6:01 PM
US stocks closed sharply lower on Wednesday as Treasury yields soared on concerns that the country's federal debt would swell if Congress passed President Donald Trump's proposed tax-cut bill. The Dow Jones Industrial Average shed 1.91 percent, S&P 500 lost 1.61 percent, and Nasdaq Composite d...
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