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RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding Customers via Online Banking Channel

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding...

Mumbai: The Reserve Bank of India (RBI) on Wednesday barred private lender Kotak Mahindra Bank from onboarding new...

24 April 2024 4:23 PM IST

PMI Climbs to 62.2 in April From 61.8 In March

PMI Climbs to 62.2 in April From 61.8 In March

Maintaining the position of the fastest growing economy in the world, India’s business activity in April rose to the...

23 April 2024 6:25 PM IST

The cement industry is likely to register a flat growth of around 5 per cent in the current financial year.

Cement Prices Dip 6% in Q4 FY24, Boosting Sales

Pan-India cement market faces price decline amid heightened competition and increased supply, driving a surge in sales...

23 April 2024 6:19 PM IST

Indias net direct tax collection surged over 19 per cent to Rs 14.71 lakh crore till January 11, reaching about 81 per cent of the full-year target.(Representational Image)

India's Direct Tax Collections Surge

New Delhi: Reflecting buoyancy in the economy and rise in income levels of both individuals and corporates, India's...

21 April 2024 5:48 PM IST

Indian Mining and Construction Equipment Sales Expected to Decline in FY2025

Indian Mining and Construction Equipment Sales Expected to Decline in...

General elections and project slowdowns forecast to cause a downturn in domestic equipment sales, with recovery expected...

19 April 2024 12:02 AM IST

Indias Crude Oil Import Bill Dipped To 16 Percent In FY24

India's Crude Oil Import Bill Dipped To 16 Percent In FY24

India's crude oil import dipped to 16 per cent in the fiscal year ended March 31 as lower international rates but the...

17 April 2024 6:58 PM IST

Merchandise Trade Deficit Narrows Down To $240 bn In FY24

Merchandise Trade Deficit Narrows Down To $240 bn In FY24

The merchandise trade deficit for FY24 narrowed 9.3 per cent to $240 billion while overall trade deficit improved 35.77...

16 April 2024 11:40 PM IST

Indias Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand Declines

India's Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand...

Fuel demand trends show increased petrol sales driven by personal vehicle use and seasonal factors, while diesel...

16 April 2024 5:42 PM IST

Moody Analytics Report Projects Indian Economy To Expand 6.1 percent in 2024

Moody Analytics Report Projects Indian Economy To Expand 6.1 percent...

FC CorrespondentNew Delhi, April 12Moody's Analytics on Friday projected India's economy to expand 6.1 per cent in 2024,...

13 April 2024 2:40 PM IST

CBDT Announces Interim Action Plan for Fiscal Year 2024-25

CBDT Announces Interim Action Plan for Fiscal Year 2024-25

Central Board of Direct Taxes (CBDT) rolls out proactive measures focusing on prosecution cases, refunds, audit...

11 April 2024 5:37 PM IST

ICRA Revises Banking Sector Outlook to Stable from Positive

ICRA Revises Banking Sector Outlook to Stable from Positive

Mumbai: Ratings agency ICRA Ltd has revised the banking sector outlook to stable from positive as it expects credit...

10 April 2024 11:35 PM IST

ICRA Revises Banking Sector Outlook to Stable from Positive

ICRA Revises Banking Sector Outlook to Stable from Positive

Mumbai: Ratings agency ICRA Ltd has revised the banking sector outlook to stable from positive as it expects credit...

10 April 2024 11:28 PM IST