Economy - Page 7

Economy

MF Assets Hit New High of Rs 66.7 Lakh Cr in August

MUMBAI: Mutual fund industry assets under management hit a new high of Rs 66.70 lakh crore in August aided by inflows...

10 Sept 2024 10:40 PM IST

Economy

RBI slaps Rs 2.91 crore penalty on Axis Bank and HDFC Bank

Mumbai: The Reserve Bank of India (RBI) has imposed penalties totalling Rs 2.91 crore on Axis Bank and HDFC Bank for...

10 Sept 2024 9:43 PM IST

Business

GST Council Cuts Rates on Cancer Drugs, Namkeen; Defers Health...

New Delhi: The goods and services tax (GST) Council, chaired by Union finance minister Nirmala Sitharaman, on...

9 Sept 2024 10:57 PM IST

Economy

Economy to Grow 7.2 Percent Despite Weak Q1: RBI Governor

MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday called for a multi-pronged and a...

5 Sept 2024 9:22 PM IST

Business

Kerala to host Fiscal Conclave on September 12

The Conclave, to be inaugurated by Chief Minister Pinarayi Vijayan, will be attended by the finance ministers of Tamil...

5 Sept 2024 7:03 PM IST

Economy

India's Q2 FY25 Services Surplus to Rise by 10.6%

India's services trade surplus could grow by 10.6% in Q2 FY25 amid strong global demand, while current account deficit...

4 Sept 2024 5:26 PM IST

Economy

GST collections in August rise 10% year-on-year at Rs 1.74 lakh crore

New Delhi: Goods and Services Tax (GST) collections in August, in gross terms, were at Rs 1.74 lakh crore, with a yearly...

2 Sept 2024 7:28 AM IST

Economy

SBI Rules Out Rate War, Focuses on Service Quality

Mumbai: State Bank of India (SBI) the country’s largest lender has ruled out the possibility of a rate war among banks...

30 Aug 2024 10:42 PM IST

Economy

Southern Corridor Secures 30% of India's FDI Inflows

Southern industrial corridor attracts 30.3% of India's FDI from 2019 to 2024, highlighting strong growth potential and...

29 Aug 2024 5:36 PM IST

Economy

Jio Financial Ups Stake in Jio Payments Bank

Mumbai: Jio Financial Services Ltd (JFS) on Tuesday said that it has raised its stake in Jio Payments Bank Ltd (JPBL) to...

27 Aug 2024 8:58 PM IST

Economy

MFI Risks Rise with Overleveraging in Bihar, UP

Rapid MFI growth in Bihar and Uttar Pradesh raises concerns of borrower overleveraging, increasing credit risk in...

27 Aug 2024 5:47 PM IST

Economy

RBI to Launch ULI for Frictionless Credit Small, Rural Borrowers

Mumbai: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said that the central bank was set to launch...

26 Aug 2024 8:57 PM IST