Category: Economy

RBI’s intervention in unsecured loans could hurt growth of banks, NBFCs

New Delhi, Oct 16 (SocialNews.XYZ) Undeterred growth and risk mispricing in unsecured loans, mainly personal loans, cards over the past…

2 years ago

Skyrocketing prices of vegetable at Kolkata retail markets before festive season

Kolkata, Oct 16 (SocialNews.XYZ) Ahead of the Durga Puja festivities which will begin later this week, prices of vegetables, especially…

2 years ago

IRDAI rejection raises more questions for Hinduja led IIHL on source of funds for RCAP acquisition

Mumbai, Oct 15 (SocialNews.XYZ) After IRDAI rejected Hinduja Group led IIHL's proposal to raise funds for the Reliance Capital acquisition…

2 years ago

For EVs to contribute to India’s net zero goals, integrated action called for

Chennai, Oct 15 (SocialNews.XYZ) If electric vehicles (EV) have to contribute to India’s goal of net zero emissions by 2070…

2 years ago

Successful handling of lockdowns helped InterGlobe Hotels grow significantly post-Covid: CEO J.B. Singh

Panaji, Oct 15 (SocialNews.XYZ) As normal life resumed after the shadows of Covid lifted from across the world, opportunities beckoned…

2 years ago

BRICS expansion could end US dollar dominance in oil trade: US financial experts warn of dangers ahead

New York, Oct 15 (SocialNews.XYZ) With the BRICS emerging as a major trading bloc with its expansion of six more…

2 years ago

Sitharaman calls for collective action for shared problems of IMF financial committee’s member nations

New Delhi, Oct 14 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Saturday underlined the need for collective action on shared problems…

2 years ago

Creditable! Buoyed by positivity on GDP, banks expect steady credit growth

Chennai, Oct 14 (SocialNews.XYZ) With economic growth happening in the country, the Indian banking sector is expected to log good…

2 years ago

(ECONOMY PACKAGE) Mild recovery not enough; manufacturing needs to grow faster to create jobs

New Delhi, Oct 14 (SocialNews.XYZ) India’s manufacturing sector staged a mild recovery in the last quarter of 2022-23, after half…

2 years ago

Festive Cheer: We’re 2-4 weeks away from markets touching all-time high

Mumbai, Oct 14 (SocialNews.XYZ) Conflict has caused short-term pain to markets but they have rebounded quickly in time and actually…

2 years ago

Despite global headwinds, RBI goes ahead of IMF, pegs growth at 6.5%

New Delhi, Oct 13 (SocialNews.XYZ) Even as the International Monetary Fund (IMF) has enhanced India's economic growth projection to a…

2 years ago

India to be one of world’s fastest growing economies over next decade

New Delhi, Oct 13 (SocialNews.XYZ) The IMF. in its latest update. has said that India is one of the large…

2 years ago

Rising oil prices spell trouble for India on the current account deficit front

New Delhi, Oct 13 (SocialNews.XYZ) The increase in international crude oil prices has spilled over into the October-December quarter, raising…

2 years ago

Farm sector takes a hit due to deficient monsoon, stares at dipping reservoir levels

New Delhi, Oct 13 (SocialNews.XYZ) India’s agriculture sector has taken a battering from a southwest monsoon that was both erratic…

2 years ago

Casino chain Delta Corp gets another Rs 6,385 crore GST notice

Mumbai: Casino chain Delta Corp has received another notice from the GST authorities to pay up an additional Rs 6,385…

2 years ago

Sitharaman expresses concern over global economic slowdown, seeks reforms in IMF policy

New Delhi, Oct 14 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Saturday expressed concern over slowdown in global growth, even though…

2 years ago

China’s chip imports drop 15% as US tightens tech export controls

Hong Kong, Oct 14 (SocialNews.XYZ) China’s semiconductor imports dropped 14.6 per cent (year-on-year) in the first nine months this year…

2 years ago

K.P Ramasamy of KPR Mills: The industrialist who encourages his workers to go for higher studies

Chennai, Oct 14 (SocialNews.XYZ) Seventy four year old K.P Ramasamy, head honcho of KPR Mills Ltd completed the Forbes list…

2 years ago

Union workers reach tentative deal after largest healthcare strike in US

Washington, Oct 14 (SocialNews.XYZ) Kaiser Permanente, the largest healthcare nonprofit organization in the US, has reached a tentative deal with…

2 years ago

US economy perched on dangerous edge as workers & employers in vital industry defy oblivious trend

Washington, Oct 14 (SocialNews.XYZ) The US economy seems perched on a "dangerous edge" in an uncertain environment of rising interest…

2 years ago

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