2023-06-16 13:33:07 A German brokerage on Friday warned that with the delayed monsoon, there is no scope for complacency on inflation even though official data for May has shown a cool-off. Deutsche Bank said it expects the average Consumer Price Inflation (CPI) for FY24 to come to 5.2 per cent once morest the 5.1 per … Read more
2023-06-04 06:29:36 Private sector investment is set to witness a significant increase, as capacity utilisation in several key sectors has already crossed 80 per cent and economic growth is estimated to be 6.7 per cent in the current financial year, newly elected CII President R Dinesh said on Sunday. He also exuded confidence that the … Read more
2023-05-30 14:36:17 There was a sharp increase in the counterfeit currency of the demonetised Rs 1000 notes in fiscal 2022-23, even as the total fake notes detected dropped marginally year-on-year. Reserve Bank of India (RBI) data shows that counterfeit notes of Rs 1000 denomination increased 44 times to 482 from a mere eleven a year … Read more
2023-05-22 14:21:48 Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday exhorted banks to further strengthen governance and assurance functions and acknowledged the role played by the banks in supporting the economy and maintaining resilience. Das met the board of directors of all public sector banks in New Delhi to discuss issues related to … Read more