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Moody’s projects a 6.6% growth rate for the Indian economy in FY25.
Moody's prediction:
Moody’s Ratings on Tuesday projected the Indian economy to grow by 6.6 percent in the current fiscal year. They noted that strong credit...
ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies
ABB invests in Ndustrial
ABB today announced a minority investment in Ndustrial, a US-based clean technology startup that has developed a leading-edge, AI-powered energy management...
Paytm Leads the Way: Prioritizing UPI Lite for Seamless Low-Value Transactions
Paytm's Focus: UPI Lite for Low-Value TransactionsOn Monday, One97 Communications, the parent company of Paytm, announced its focus on the UPI Lite wallet to...
The UK’s unemployment rate increased to 4.3% in the three-month period ending in March, aligning with predictions
The UK's unemployment rate increasedOn Tuesday, the Office for National Statistics in the UK announced that the ILO Unemployment Rate inched up to 4.3%...
RBI data reveals that forex reserves surged by $3.66 billion to reach $641.59 billion
RBI: Forex Reserves Surge to $641.59B
The RBI reported that after three consecutive weeks of decline, India's forex reserves rebounded by $3.668 billion to reach...
Reserve Bank of Indialevies penalties on Sundaram Home Finance and Belstar Microfinance
The Reserve Bank of India in action:
The Reserve Bank of India (RBI) announced on Friday that it has imposed a monetary penalty of Rs...
SBI is gearing up to welcome 12,000 fresh graduates, with an impressive 85% anticipated to possess engineering degree
SBI recruitment news update:
SBI, India's largest lender, plans to bring aboard 12,000 fresh graduates as probationary officers and associates during FY25, according to Chairman...
Goldman Sachs secures $3.6 billion for a fresh real estate credit fund
Goldman Sachs in Real estate
Goldman Sachs's alternative division has successfully raised $3.6 billion for its latest real estate credit fund, providing significant firepower amid...
The Consumer Price Index (CPI) inflation decreased slightly to 4.83% in April 2024, compared to 4.85% in March of the same year.
Inflation news :
India's yearly retail inflation rate slightly decreased to 4.83% in April from 4.85% the previous month, hitting an 11-month low and roughly...
Mutual Fund KYC data reveals that only 3% of accounts are in ‘KYC Hold’ status, while 93% of MF accounts have either validated or...
Mutual Fund news update:
The Association of Mutual Funds of India (AMFI) disclosed that only 3% of mutual funds are currently in the 'KYC Hold'...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...