Month: May 2023

Adani Ports and Special Economic Zone on Tuesday announced its results for the fourth quarter and the entire financial year 2022-23. Its net profits (Profit After Tax) increased three per … Read More

The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at Rs 30,252 crore, showed a Reserve Bank data … Read More

Reserve Bank of India is working on a light weight and portable payment system, a “bunker equivalent in payment systems”, that can be used for critical transactions during catastrophic events … Read More

The Reserve Bank today said that India’s growth momentum is likely to continue in 2023-24 even as it made a case for pushing structural reforms to deal with the geopolitical … Read More

The unemployment rate for persons aged 15 years and above in urban areas declined to 6.8 per cent during January-March 2023 from 8.2 per cent a year ago, the National … Read More

The size of the balance sheet increased by ₹1,54,453.97 crore, i.e., 2.50% from ₹61,90,302.27 crore as on March 31, 2022 to ₹63,44,756.24 crore as on March 31, 2023, the annual … Read More

Equity benchmark indices maintained their winning streak for the fourth day running on Tuesday, helped by continuous foreign fund inflows. The 30-share BSE Sensex climbed 131.32 points to 62,977.70 in … Read More

The rupee depreciated by 4 paise to 82.67 against the US dollar in early trade on Tuesday, tracking a strong American currency against major rivals overseas. Forex traders said downward … Read More

The annual report, however, added that slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility could pose downside risks to growth | The Hindu

The Reserve Bank has found gaps in banks’ corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday. Addressing directors of bank boards, Mr Das said … Read More