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The RBI today said banks’ gross NPA (non-performing asset) ratio has fallen to a sever-year low of 5 per cent and the banking system remains sound and well-capitalised. In the 26th … Read More
Widening trade gap pushed up the country’s current account deficit to $36.4 billion or 4.4 per cent of the GDP (Gross Domestic Product) in the second quarter of the current … Read More
The CBIC (Central Board of Indirect Taxes and Customs) has asked tax officers to abide by the NCLT (National Company Law Tribunal) order in insolvency cases and recover only that … Read More
The government is considering three grievance appellate committees (GACs) to look into complaints by users against decisions of social media platforms, and consultations on various modalities of the panels will … Read More
A video on what lies ahead for the economy in 2023 The Hindu – Economy
The India-Australia Economic Cooperation and Trade Agreement, which will come into force from December 29, is expected to create 10 lakh jobs, and lift Indian merchandise exports to Australia by … Read More
CapitaLand India Trust (CLINT) has agreed to acquire an IT park in Pune for Rs 1,350 crore. According to a statement, CapitaLand India Trust through its wholly-owned subsidiary Ecospace IT … Read More
Indian equity benchmarks reversed sharp losses from earlier in the session to end with gains near the fag end on Thursday, with traders positioning on the expiry of the futures … Read More
China’s central-bank digital currency is little used, a former official of the People’s Bank of China (PBOC) said on Wednesday, financial news outlet Caixin reported. Expressing disappointment with the result of a trial … Read More
The rupee gained a touch on Thursday against a steady dollar as oil dipped, driven by a weak demand outlook on China’s Covid spike, even as optimism over easing restrictions … Read More