:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/FNKOHBVJ6NAHHCGAY45CBM5KAY.jpg)
2023-07-09 22:41:08 Unthinkable things happen in North Korea and a case revealed by an anonymous source to the Daily NK newspaper is proof of this: two North Korean women were executed for watching programs from the neighboring country, South Korea. This was considered a “serious crime” by the Kim Jong-un regime against the State of … Read more
2023-07-04 13:43:13 States continue to pay higher interest rates to investors for their debt, with the latest weighted average cost rising to 7.46 per cent at Tuesday’s auctions wherein nine states raised Rs 16,200 crore. The weighted average cut-off/yield on state government securities (SGS) rose by 5 bps to 7.46 per cent in the auction … Read more
2023-06-13 16:24:27 The banking sector is on course to report the best asset quality in over a decade this fiscal, with headline gross NPAs and net NPAs falling to 2.63 per cent and 0.83 per cent, respectively, in March 2023, according to Moody’s and its arm Icra Ratings. At the same time, the likely gross … Read more
2023-06-06 13:50:50 Despite larger than notified supplies, the average cost for the states that hit the market on Tuesday will be less in terms of coupons, which slipped by 3 bps to 7.32 per cent. Twelve states have raised Rs 17,300 crore through state government securities in the auction held on Tuesday, which is a … Read more
2023-06-02 05:13:16 Data released Thursday indicated India’s sustained economic momentum at the start of the new fiscal year, with goods and services tax (GST) collection growing at a rapid clip in May as manufacturing activity hit a 31-month high in the month. Vehicle and fuel sales backed up the trend. Numbers released a day earlier … Read more
2023-06-01 01:23:09 New Delhi: A stronger-than-expected fourth quarter lifted India’s growth to 7.2% in FY23, exceeding the 7% cited in the second advance estimates released in February, underscoring the country’s economic resilience in the face of multiple challenges. The gross domestic product (GDP) rose 6.1% in the March quarter from a year earlier, accelerating sequentially … Read more