International News India to overtake Japan as world’s 4th largest economy in ’25 Nada Ali Apr 21, 2024 0 India's nominal gross domestic product (GDP) is now expected to surpass Japan's in 2025, a year earlier than…
Industry & Trade India’s factory activity hits 16-year high in March Nada Ali Apr 2, 2024 0 India's manufacturing industry experienced robust growth in March, reaching its highest level in 16 years due to…
International News Indian rupee gains 0.1% on Tuesday Nada Ali Mar 26, 2024 0 The Indian rupee rose on Tuesday due to central bank intervention and a stronger offshore Chinese yuan.
Banks India’s c. bank keeps repo rate unchanged Nada Ali Feb 8, 2024 0 The Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent, as widely expected, amid a backdrop…
Money India’s GDP growth slowest to its weakest since Q1-2013 Amwal Al Ghad English Nov 30, 2019 0 Growth in India’s economic output has slowed to 4.5 percent in the three months that ended in September — and…
Banks No respite for Indian banks as bad loans reach record $146 bln Yomna Yasser Oct 11, 2017 0 Indian banks' sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished…
Banks RBI imposes restrictions banking business on Oriental Bank of Commerce Yomna Yasser Oct 8, 2017 0 The Reserve Bank of India (RBI) has imposed certain restriction on banking activities of government-owned Oriental…
Banks Asia’s third largest economy prep for rate cut to battle low inflation Yomna Yasser Aug 2, 2017 0 The Reserve Bank of India was widely expected to cut on Wednesday its main policy rate to the lowest in the more…
Banks India central bank employees urge governor to protect autonomy Noha Gad Jan 15, 2017 0 The employee union of the Reserve Bank of India (RBI) has urged the bank's governor to protect central bank…
Banks India appoints Urjit Patel as next central bank governor Ghada Ismail Aug 20, 2016 0 India's government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank of…