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Union Finance Minister Nirmala Sitharaman speaks during a post-budget press conference, in New Delhi, Wednesday (Photo: PTI)

Nirmala seeks IMF support on food security

New Delhi: Stressing the need to ensure food and energy security for all, finance minister Nirmala Sitharaman on...

10 Feb 2023 4:15 AM GMT

The recent data on bank credit released by the Reserve Bank of India (RBI) reveals that the contraction in incremental credit outstanding to the services as well as the industrial segments, offset the entire growth in credit to the retail segment during the seven months of this fiscal. Within services, the credit outstanding to NBFCs has increased.

Bank credit rose 15 pc in December

Chennai: Bank credit rose by a robust 15 per cent in December, supported by 20 per cent growth in retail loans and 35...

6 Feb 2023 7:22 AM GMT

The common man has reason to cheer as both retail and wholesale price inflation cooled in October. (Representational image)

Retail inflation slips to three-month low at 6.77%

New Delhi: The common man has reason to cheer as both retail and wholesale price inflation cooled in October. The...

15 Nov 2022 9:05 AM GMT

Hit by the multi-year high inflation across key markets and slowing global economy, both exports and imports of gems and jewellery recorded double-digit decline in October. (DC file image)

Gems and jewellery exports and imports dip in October

Chennai: Hit by the multi-year high inflation across key markets and slowing global economy, both exports and imports of...

14 Nov 2022 9:39 AM GMT

Indias automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)

Automakers see best festival sales in 4 years

Pune: The Federation of Automobile Dealers Associations, or Fada, on Monday said car retail sales in the festive month...

8 Nov 2022 8:05 AM GMT

Representational image.

Up to 10% credit losses for MFIs in COVID years

Mumbai: Small loan specialists that cater to people without bank accounts suffered credit losses of up to 10 per cent...

8 Nov 2022 8:00 AM GMT

Data released by the Association of Mutual Funds in India (Amfi) shows the mutual fund industry AUM grew by 2.7 per cent month-on-month as of November 30 to Rs 27.04 lakh crore against AUM of Rs 26.32 crore in October. (Representational Image)

SIPs in mid-caps offer long-term gains: Study

Mumbai: On World Savings Day, systematic investment plan, or SIP, is seen as a suitable savings strategy at a time when...

31 Oct 2022 7:36 AM GMT

The US markets positive close on Friday and foreign portfolio investors turning net buyers in the last two trading sessions along with some good second quarter results like Maruti Suzukis augur well for the stock market. (DC file image)

Fed, RBI meetings to weigh on market this week

Mumbai: The week ahead is crowded with events which will have an impact on the stock market. The crucial US Federal...

31 Oct 2022 6:30 AM GMT

With the completion of the 100-MW solar PV project at Ramagundam, the Southern Regions total commercially operating floating solar capacity increased to 217 MW. (PIB Image)

Govt clears Rs 19,500-cr PLI scheme for solar PV modules

New Delhi: The government on Wednesday approved a Rs 19,500-crore production linked incentive (PLI) scheme for...

22 Sep 2022 8:23 AM GMT

A demat account is mandatory to participate in IPOs. A policyholder who wishes to apply for LICs IPO should be the first account holder in the demat account. In case it is a joint account, then the policyholder should be the first or primary holder. Representational image/By arrangement

Demat account count tops 10 crore

MUMBAI: The number of demat accounts in the country crossed the 100-million mark on August 31, 2022, showing the equity...

7 Sep 2022 12:22 PM GMT

Political leaders, MLAs, police and housing officials are worried over the trend of applicants illegally occupying the 2BHK house in anticipation that they would be allotted these sooner or later. (Representational Image)

Housing prices up 5% in June quarter

Chennai: Housing prices in the top eight cities, on average, moved up 5 per cent in the June quarter, while NCR saw a 10...

17 Aug 2022 11:55 AM GMT