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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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Sensex Gains 40 Points In Early Trade, Rupee Rises 8 Paise
Equity market benchmarks Sensex and Nifty climbed in early trade on Thursday driven by buying in index heavyweights ICICI Bank and Reliance Industries amid a robust domestic macroeconomic data and firm trend in the global peers.
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Retail Inflation Eases To 3.61% In February: Government Data
Retail inflation slipped to 3.61 per cent in February mainly due to the decline in the rate of price rise in vegetables and protein-rich items, creating space for the Reserve Bank of India for second reduction in interest rate next month.
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RBI Launches Mobile App Offering Financial Statistics Related To Economy
Reserve Bank on Tuesday launched mobile application 'RBIDATA' which will provide access to more than 11,000 different series of economic data related to the Indian economy.
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Bank Manager Arrested For Data Theft, Defrauding Company Of Rs 12.51 Crore
Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday.
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Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
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Remittances To India As Much As Pakistan, Bangladesh Budgets Combined: 5 Facts
India has, for years, been the country receiving highest remittances globally, and this year was no different. India retained the number one spot of being the country which saw the maximum amount of monetary inflow - $129 billion - from its diaspora.
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How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
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NASA Data Empowers Global Response to Rising Sea Levels, Here's What You Need to Know
NASA’s sea level data platform now provides coastal regions with projections through 2150, aiming to guide resilient infrastructure planning. Collaborating with global partners like the World Bank and United Nations, NASA offers data that helps governments and organisations address the impacts of climate change on communities worldwide. Coastal c...
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Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
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Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
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Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
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Number Of New Jobs More Than Doubles To 46.6 Million In 2023-24: RBI Data
As many as 46.6 million new jobs were created in the Indian economy during 2023-24, according to the latest data released by the Reserve Bank of India.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
Sensex Gains 40 Points In Early Trade, Rupee Rises 8 Paise
Equity market benchmarks Sensex and Nifty climbed in early trade on Thursday driven by buying in index heavyweights ICICI Bank and Reliance Industries amid a robust domestic macroeconomic data and firm trend in the global peers.
-
Retail Inflation Eases To 3.61% In February: Government Data
Retail inflation slipped to 3.61 per cent in February mainly due to the decline in the rate of price rise in vegetables and protein-rich items, creating space for the Reserve Bank of India for second reduction in interest rate next month.
-
RBI Launches Mobile App Offering Financial Statistics Related To Economy
Reserve Bank on Tuesday launched mobile application 'RBIDATA' which will provide access to more than 11,000 different series of economic data related to the Indian economy.
-
Bank Manager Arrested For Data Theft, Defrauding Company Of Rs 12.51 Crore
Four people, including the manager of a private bank, were arrested for allegedly siphoning off Rs 12.51 crore by stealing sensitive data from a company, police said on Saturday.
-
Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
-
Remittances To India As Much As Pakistan, Bangladesh Budgets Combined: 5 Facts
India has, for years, been the country receiving highest remittances globally, and this year was no different. India retained the number one spot of being the country which saw the maximum amount of monetary inflow - $129 billion - from its diaspora.
-
How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
-
NASA Data Empowers Global Response to Rising Sea Levels, Here's What You Need to Know
NASA’s sea level data platform now provides coastal regions with projections through 2150, aiming to guide resilient infrastructure planning. Collaborating with global partners like the World Bank and United Nations, NASA offers data that helps governments and organisations address the impacts of climate change on communities worldwide. Coastal c...
-
Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
-
Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
AI Can Boost Digital Public Infra But Poses Challenges: RBI Chief
While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns.
-
Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
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Number Of New Jobs More Than Doubles To 46.6 Million In 2023-24: RBI Data
As many as 46.6 million new jobs were created in the Indian economy during 2023-24, according to the latest data released by the Reserve Bank of India.
