Economy

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday received a dividend cheque of Rs 8,076.84 crore on behalf of the government from the State Bank of India (SBI) for the financial year 2024-25. The cheque was presented to the…
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New Delhi:  Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like unified payments interface (UPI). In the last 11 years, India has seen a…
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Mumbai:  The Indian stock market witnessed strong positive momentum this week, helping nine of the country’s ten most valued companies collectively add Rs 1,00,850.96 crore to their market capitalisation. This rally came as the benchmark…
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New Delhi:  The Reserve Bank of India (RBI) has chosen to frontload its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause…
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New Delhi: Lending rates are expected to drop by about 30 basis points (bps) after the recent cut in policy rates, according to a new SBI report. This change will be felt most immediately in loans linked to the External Benchmark Lending…
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Mumbai:  After starting the week with consolidation, the domestic market exhibited resilience amid concerns over tariff wars and geopolitical escalations, analysts said on Saturday. Markets consolidated for the third consecutive week but…
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Mumbai: The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi’s bank accounts, mutual funds, and shares in an effort to recover Rs 2.1 crore. The amount is related to a…
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Mumbai:  The RBI has revised its inflation outlook for 2025-26 downwards from the earlier forecast of 4 per cent to 3.7 per cent, Reserve Bank Governor Sanjay Malhotra said on Friday. Taking all these factors into consideration, and…
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New Delhi: The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said on Friday. The decision comes at a pivotal time,…
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Mumbai: The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain…
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