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The government on hiked the interest rates on small deposits — including post office term deposits, NSC (National Savings Certificate) and senior citizen savings scheme — by up to 1.1 percentage … Read More
Steel output grew at the fastest pace in six months at 10.8%, but production levels were 2.35% lower than October 2022 The Hindu – Economy
Production of eight infrastructure sectors increased by 5.4 per cent in November against a 3.2 per cent growth in the same month last year on a better show by coal, … Read More
The government’s fiscal deficit at the end of November touched 59 per cent of the full year budget estimate, according to data released by the Controller General of Accounts (CGA) … Read More
Private sector lender Tamilnad Mercantile Bank Ltd (TMB) has drawn up plans to strengthen itself by opening up additional branches across the country in the near future, said a top … Read More
In the corresponding period last year, the deficit was 46.2% of the budget estimates of 2021-22. The Hindu – Economy
The rupee was a victim of a rally in oil prices sparked by the Russia-Ukraine conflict, which pushed India’s current account deficit to a record high in the September quarter … Read More
The Indian government may review its stance on Chinese investments to help global firms looking to relocate to the country, CNBC-TV18 reported today, citing government sources. Several global companies are … Read More
Indian equity benchmarks fell significantly on the last trading day of 2022, but outperformed their global peers in a turbulent year for financial markets, marked by the Russia-Ukraine war, near decade-high … Read More
The rupee rose slightly on Friday, but ended the year 12 per cent lower against the US dollar, which was headed for its best year since 2015. On the last interbank … Read More