CBI opposes ex-NSE MD Chitra Ramakrishna bail
says offence affects integrity of financial system AGENCIES The CBI today opposed the bail plea of former NSE managing director (MD) Chitra Ramakrishna before a Delhi court arguing that she…
Over 51 % of total loan sanctioned under Pradhan Mantri Mudra Yojana given to SC, ST and OBC: FM
Staff Reporter / NEW DELHI Finance Minister Nirmala Sitharaman has said that more than 51 percent of total loans sanctioned under the Pradhan Mantri Mudra Yojana went to Scheduled Caste,…
RBI’s Monetary Policy: FY23 GDP growth forecast lowered to 7.2% from 7.8%
WEB DESK The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) estimated that the GDP growth rate for Financial Year 2022-23 would be at 7.2 per cent. Earlier it…
RBI maintains status quo; leaves benchmark lending rate unchanged at 4%
MPC voted unanimously to leave the repo rate unchanged at 4 percent. MPC also voted unanimously to keep stance accommodative. Reverse repo rate hiked by 40 bps to 3.75 percent…
World Bank says economies in Asia will slow down in the coming months
WEB DESK The World Bank has said economies in Asia will slow down in the coming months. In a report released yesterday, the World Bank said the slow down is…
IMF lauds India’s PM Garib Kalyan Anna Yojana
Staff Reporter International Monetary Fund (IMF) has lauded India’s food subsidy program which prevented the increased prevalence of extreme poverty in the country during Covid-19. In a report the IMF…
CCI to probe Zomato, Swiggy for alleged unfair business practices
AMN / WEB DESK India’s antitrust body has ordered investigation into the conduct of online food delivery platforms Zomato and Swiggy, according to an order dated 4 April.The order comes…
Sensex soars 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%
WEB DESK The unexpected merger announcement of HDFC and HDFC Bank catapulted the benchmark indices beyond key psychological levels on Monday as hefty buying in the two index heavyweights lifted…
India’s Exports cross $418 bn mark in 2021-22
Goyal terms it important milestone in journey towards Aatmanirbhar Bharat Andalib Akhter / NEW DELHI Union Minister for Commerce and Industry Piyush Goyal today said that India’s goods exports have…
96% of Post Offices brought under CBS to implement ‘Anytime-Anywhere Post Office Savings’ Service
AMN / WEB DESK OfficeThe government has said that it is in the process of setting up Anytime-Anywhere Post Office Savings scheme, which will allow online transfer of funds between…