According to John C. Williams, President and CEO of the Federal Reserve Bank of New York, uncertainty will remain the defining feature of the monetary policy landscape for central banks for the foreseeable future. âThis is especially true as we […]
Hyderabad-based Marut Drones, a drone manufacturer and service provider, has entered Tamil Nadu with a plan to create 500 drone entrepreneurs by the end of 2024. By using drones to spray fertilizers, farmers can potentially earn up to âı50,000. âı60,000
Rail services on the 2.07 km long Pamban rail link connecting the Indian mainland to Rameshwaram island are likely to resume in two months. Operations on the link have been suspended for almost a year to replace the country’s first
Systemic banking liquidity surplus rose to âı91,225 crore on July 4, reaching its highest level in two and a half months, according to Infomerics Ratings. Entertainment Sharma name of cast, chief economist, infomerics Ratings attributed the surplus to government spending
Retail inflation, measured by the Consumer Price Index (CPI), rose to a four-month high of 5.08 per cent in June 2024, led by a 9.36 per cent rise in food inflation due to rising prices of vegetables and pulses. Official
The Congress government in Himachal Pradesh decided to withdraw the free electricity scheme that benefits all income tax payers in the cabinet meeting on Friday. However, the 125 units free electricity subsidy to domestic consumers will continue for all other
The Reserve Bank of India (RBI) has imposed a monetary penalty of âı131.80 lakh on Punjab National Bank (PNB) for non-compliance with the directions issued on ‘Loans and Advances’ and ‘Know Your Customer (KYC)’. Based on supervisory findings of non-compliance
Factory output growth rose to a 7-month high of 5.9 percent in May, helped by a strong performance in the power generation and mining sectors, according to data released by the Ministry of Commerce and Industry on Friday, which came
India improved its performance in achieving the Sustainable Development Goals (SDGs) during 2023-24 with significant progress in poverty alleviation, economic growth and climate action. However, progress in access to equal opportunities needs to be addressed more effectively, along with addressing
Private sector lender Bandhan Bank on Saturday said its board has appointed Executive Director and Chief Operating Officer Ratan Kumar Kesh as the interim MD and CEO of the bank for a period of three months or until the new
