BUSINESS
Prospects of economy expected to improve in 2025: RBI Governor
Mumbai: Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra...
Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report
Mumbai: The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or...
Expedite system to verify receiver name in RTGS, NEFT: Delhi HC to RBI
New Delhi: In a significant ruling, the Delhi High Court has asked the Reserve Bank of India to expeditiously activate...
Rupee tumbles 3 pc in 2024; turbulence to ebb in slow motion in next year
Mumbai: The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and...
Foodgrain output set to scale new peak in 2025 as farm sector eyes 4 pc growth
New Delhi: India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant...
Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
New Delhi: Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per...
Telcos investment recovery in limbo as tariff hike backfires, price war with satcom services likely in 2025
New Delhi: The country's private telecom operators face twin challenges on investment recovery in the New Year – customers leaving...
Scindia aims to make postal dept profitable by 2029 seeks funds from FM
New Delhi: Union Communications Minister Jyotiraditya Scindia has sought funds from Finance Minister Nirmala Sitharaman for the Department of Posts...
Edu loan provider Credila Financial Services files IPO papers with Sebi
New Delhi: Education loans-focused lender Credila Financial Services Ltd, formerly known as HDFC Credila Financial Services Ltd, has filed papers...
Manmohan Singh’s reforms transformed India, unshackled economy: Economists
New Delhi: Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of...