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And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Telangana-'s market borrowings to hit Rs.18,000 crore

HYDERABAD: Market borrowings of Telangana state government in the current fiscal (2022-23) will touch Rs. 18,000 crore...

20 Sept 2022 12:00 AM IST

Union Finance Minister Nirmala Sitharaman speaks on the topic Post Pandemic: Repurposing India! during the inaugural session of 15th edition of Mindmine Summit, in New Delhi. (Photo: Twitter)

Many countries interested in bilateral rupee trade: FM

HYDERABAD: Finance Minister Nirmala Sitharaman on Tuesday said many countries have evinced interest for bilateral trade...

13 Sept 2022 4:16 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

Inflation rises to 7 pc in August; RBI may hike interest rate again...

NEW DELHI: After declining for three months, retail inflation rose to 7 per cent in August due to higher food prices...

12 Sept 2022 8:34 PM IST

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

India to grow at 7.4% in FY23, continue at same level next year as...

MUMBAI: Union Finance Minister Nirmala Sitharaman on Friday said the Indian economy will grow at 7.4 per cent in this...

26 Aug 2022 6:22 PM IST

Bureau of Energy Efficiency workshop on Perform, Achieve and Trade. (DC image)

Foreign investment ceiling relaxed for strategic sectors

New Delhi: A day after releasing a detailed Overseas Direct Investment Rules and Regulations 2022, the government on...

25 Aug 2022 7:36 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

Biggest growth risk for India is geopolitocs, says RBI MPC member

NEW DELHI: The biggest risk to India's growth outlook is an escalation of geopolitical tensions, especially if these...

24 Aug 2022 3:08 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

DC Edit | Repo rate hike unavoidable

The Reserve Bank of India announcement today to hike lending rates by 50 basis points (up now to 5.40...

6 Aug 2022 12:35 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

Get ready for another interest rate hike and costly loans

Experts believe RBI will hike interest rates once again on August 3

31 July 2022 2:58 PM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

RBI hikes repo rate by 50 basis points to 4.9%, EMIs to rise

This latest increase in the key rate follows a surprise 40-bps repo rate hike on May 4

9 Jun 2022 1:12 AM IST

The Reserve Bank of India (RBI) will conduct the auction on June 7. (Representational Photo:DC)

TS gets Central nod to auction bonds

RBI will conduct auction of bonds on June 7, which will fetch Rs 4,000 crore to stateâ€™s exchequer

3 Jun 2022 11:43 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI to transfer Rs 30,307 crore to government

The contingency risk buffer has also been retained at 5.5 per cent

21 May 2022 12:36 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

DC Edit | As RBI battles inflation, easy rate days are over

The RBI decision shook the Indian equity markets, with the Sensex losing over 1,300 points and the Nifty shedding over...

5 May 2022 11:30 PM IST