RBI Deputy Governor MD Patra. Photo Credit: Francis Mascarenhas According to MD Patra, Deputy Governor of RBI, the formation of inflation in India needs to move towards convergence with global inflation so that both the internal and external value of […]
JM Financial Limited (JMFL) has decided to consolidate its stake in the wholesale loan syndication business (JM Financial Credit Solutions Limited/JMFCSL) and distressed credit business (JM Financial Asset Reconstruction Company Limited/JMFARC) under one platform. Under the consolidation exercise, JMFL will
Government has exempted Kabuli gramFollowing the request for trade, (gram) was taken out of the scope of the stock limit. Trade sources said the move is expected to help ease exports of chickpea, a major gram variety, to foreign markets.
An official release from the Prime Minister’s Office said Prime Minister Narendra will visit Mumbai on Saturday, from where he will either launch or dedicate to the nation and lay the foundation stone of various projects worth about Rs 29,400
According to SBI Capital Markets, credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent. Nominal gross domestic product (GDP) is growth without adjusting for
Priyam Patel, managing director of Ahmedabad-based edible oil brand NK Proteins, said cottonseed oil prices are expected to rise by about 5 per cent later this year, ahead of the festive season. âIf there is more demand in the market
The West Bengal Panchayat and Rural Development department on Friday said it is planning to set up a dedicated marketing board for capacity building of self-help groups and farmer producer organizations (FPOs). A senior official of the department stressed its
As the two-day BIMSTEC foreign ministers’ retreat concluded, External Affairs Minister S Jaishankar on Friday hailed the summit as “productive” and described the meetings as “highly useful”. Foreign ministers of member countries of the Initiative for Multi-Sectoral Technical and Economic
Bahamas flag cruise ship Empress called at Chennai port on Friday. It arrived from Kochi with 448 crew members and 1,017 passengers and will depart for Trincomalee, Sri Lanka with 1,220 passengers. Chennai Port Authority Chairman Sunil Paliwal stressed the
State-owned Punjab and Sindh Bank plans to open 100 branches across the country in the current financial year as part of its strategy to expand its reach. During the year, the bank also plans to add 100 new ATMs to
