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“Banks are facing a liquidity crunch, while SLR level is more than adequate. In such a scenario, there will be moderate buying by state-run banks,” said Sushanta Mohanty, general manager-treasury … Read More
LIC: A private sector appointee to lead India’s largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history. NDTV Profit-Latest
Forex traders said muted domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation bias. NDTV Profit-Latest
The 30-share BSE Sensex rose marginally by 28.87 points or 0.05 per cent to 62,439.55 in a choppy trade. As many as 16 of its components gained while 14 declined. … Read More
The worst of inflation is behind us, economy is resilient but global slowdown could dent growth hopes to 6.8% from 7% projected earlier, says Governor Shaktikanta Das The Hindu – … Read More
‘Move meant to lift India’s export competitiveness given slowing signs in global economy’ The Hindu – Economy
The other Indians to feature on the list are HCLTech Chairperson Roshni Nadar Malhotra (rank: 53), SEBI Chairperson Madhabi Puri Buch (rank: 54), and SAIL Chairperson Soma Mondal (rank: 67). … Read More
FICCI President Sanjiv Mehta said the RBI’s policy action hiking the repo rate by 35 bps was widely anticipated as the war against inflation is still far from over. NDTV … Read More
“It [CBDC] goes from my mobile to somebody else’s mobile. So why should we create this fear psychosis?,” he asked. The Hindu – Economy
Stock Market India: Equity benchmarks crashed on Wednesday, extending losses for the fourth straight day. NDTV Profit-Latest