Sunday, October 6th, 2024

Category: Business

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RBI rate cut unlikely as India’s growth rate exceeds potential output: SBI report

With strong economic growth in India, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in ... <p class="read-more-container"><a title="RBI rate cut unlikely as India’s growth rate exceeds potential output:...

India to become $1 trillion digital economy by 2028, enabled by Internet, 4G, 5G and digitization

With the government’s digital initiatives, India’s financial ecosystem has undergone a paradigm shift over the years. A recent report by ... <p class="read-more-container"><a title="India to become $1 trillion digital economy by 2028, enabled by...

Sitharaman urges joint roadmap with Uzbekistan to achieve USD 3 billion trade target

Union Finance Minister Nirmala Sitharaman stressed the vast trade opportunities between India and Uzbekistan during her address at the Uzbekistan-India ... <p class="read-more-container"><a title="Sitharaman urges joint roadmap with Uzbekistan to achieve USD 3 billion...

India’s foreign exchange reserves reach new record high of US$ 692.3 billion

India’s foreign exchange reserves rose by US$2.838 billion to a new high of US$692.296 billion in the week ended September ... <p class="read-more-container"><a title="India’s foreign exchange reserves reach new record high of US$ 692.3...

India overtook Japan to become the third largest power in Asia

According to an official statement released by the Ministry of Information and Broadcasting on Wednesday, India has become the third ... <p class="read-more-container"><a title="India overtook Japan to become the third largest power in Asia"...

Sensex and Nifty hit all-time highs amid global optimism; Sensex crosses 85,000 mark

The stock market opened flat on Tuesday, but due to global optimism the Sensex soon crossed the 85,000 mark to ... <p class="read-more-container"><a title="Sensex and Nifty hit all-time highs amid global optimism; Sensex crosses...

Pakistan’s financial mismanagement continues, per capita debt worryingly high

The average debt of every Pakistani citizen has become very high. It is worth mentioning that the current financial situation ... <p class="read-more-container"><a title="Pakistan’s financial mismanagement continues, per capita debt worryingly high" class="read-more button"...

Value of UPI transactions grew from Rs 1 lakh crore in FY17-18 to Rs 200 lakh crore in FY23-24 at a CAGR of 138 percent

According to the Union Finance Ministry, the value of digital payments has grown to Rs 1,669 lakh crore in the ... <p class="read-more-container"><a title="Value of UPI transactions grew from Rs 1 lakh crore in...

Finance Minister Sitharaman urges officials to meet FY2024-25 capital expenditure targets on time

Union Finance Minister Nirmala Sitharaman has urged the Ministry of Housing and Urban Affairs (MoHUA) to ensure that the capital ... <p class="read-more-container"><a title="Finance Minister Sitharaman urges officials to meet FY2024-25 capital expenditure targets...

India’s total coal production reached 384.07 MT, witnessed a growth of 6.36%

India produced a total of 384.07 million tonnes (MT) of coal between April and August 2024, up 6.36 per cent ... <p class="read-more-container"><a title="India’s total coal production reached 384.07 MT, witnessed a growth of...