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Indian Economy To Grow At 7.5% In 2024, Projects World Bank
The Indian economy is projected to grow at 7.5% in 2024, the World Bank said, revising its earlier projections for the same period by 1.2%.
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RBI Asks These 2 Banks To Stop Adding Customers To Co-Branded Credit Cards
India's central bank has asked South Indian Bank and Federal Bank to stop adding new customers to their co-branded credit cards, the lenders said in separate stock exchange filings on Wednesday.
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eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
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Bureaucrat Gifted Jewellery Worth Rs 1.75 Lakh To South Actor: Probe Agency
IRS officer Sachin Sawant, an accused in a money laundering case, allegedly gifted jewellery worth Rs 1.75 lakh to a south Indian actor, and layered his "ill-gotten money" through bank accounts of family members and friends, ED said.
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RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
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Russia Says It Has Billions Of Indian Rupees That It Can't Use
Russia has accumulated billions of rupees in Indian banks which it can't use, Foreign Minister Sergei Lavrov said Friday, pointing to a ballooning trade surplus with the South Asian nation.
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Rupee Settlement Will Help India Trade With Russia, Iran and Neighbours: Report
The Indian central bank's decision to let importers pay with rupees and exporters be paid in rupees is likely to make trade easier with Russia and South Asian neighbours.
-
Foreign Outflows From Asian Equities Continue For 5th Straight Month In May
Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening steps by banks
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Sunil Gavaskar Points Out "One Shortcoming" In India's ODI Set Up
Sunil Gavaskar did point out one big shortcoming in this Indian team, which has led to a lack of balance
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Army Chief Says Beijing's South China Sea Strategy "Won't Work With Us"
The disengagement of armies of India and China from north and south banks of Pangong Tso is a "very good end result" and a win-win situation for both the sides, Army chief Gen MM Naravane said on Wednesday but stressed that there is a long way to go and the next steps towards it are de-escalation and de-induction of troops.
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Next Round Of India-China Talks Over Ladakh's Depsang, Hot Springs, Gogra Today
Senior commanders of Indian and Chinese armies will hold a fresh round of high-level talks today to take forward the disengagement process after both sides completed withdrawal of troops and military hardware from the north and south banks of Pangong lake in eastern Ladakh, official sources said on Friday.
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Watch: First Video Of Indian, Chinese Tanks Disengaging In Ladakh
Indian and Chinese military tanks were seen moving back, in a video released by Indian defence sources, as the two sides reached an agreement on disengagement on both the north and south bank of the Pangong Lake, ending a months-long standoff in the area.
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Stocks To Watch: Reliance Industries, Vedanta, HDFC Life, South Indian Bank
In yesterday's session, Sensex crossed over 50,000-mark for the first time however it closed below that level owing to profit booking at record highs.
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CBI Registers Bank Fraud Case Of Over Rs 200 Crore Against Bengaluru Firm
The Central Bureau of Investigation (CBI) has registered a case of bank fraud of over Rs 200 crore against Bengaluru-based Steel Hypermart India Private Limited and its directors for losses incurred by a consortium of banks led by the Indian Bank, officials said Wednesday.
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China's Pangong Plan: Construction On North Bank, Soldiers At South Bank
Satellite imagery of the Pangong Lake region in eastern Ladakh shows a further consolidation of Chinese construction activity in the North Bank and the creation of new Chinese posts near the Line of Actual Control in the South Bank where Indian and Chinese forces are in the midst of a dangerous stand-off.
-
Indian Economy To Grow At 7.5% In 2024, Projects World Bank
The Indian economy is projected to grow at 7.5% in 2024, the World Bank said, revising its earlier projections for the same period by 1.2%.
-
RBI Asks These 2 Banks To Stop Adding Customers To Co-Branded Credit Cards
India's central bank has asked South Indian Bank and Federal Bank to stop adding new customers to their co-branded credit cards, the lenders said in separate stock exchange filings on Wednesday.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
Bureaucrat Gifted Jewellery Worth Rs 1.75 Lakh To South Actor: Probe Agency
IRS officer Sachin Sawant, an accused in a money laundering case, allegedly gifted jewellery worth Rs 1.75 lakh to a south Indian actor, and layered his "ill-gotten money" through bank accounts of family members and friends, ED said.
-
RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
-
Russia Says It Has Billions Of Indian Rupees That It Can't Use
Russia has accumulated billions of rupees in Indian banks which it can't use, Foreign Minister Sergei Lavrov said Friday, pointing to a ballooning trade surplus with the South Asian nation.
-
Rupee Settlement Will Help India Trade With Russia, Iran and Neighbours: Report
The Indian central bank's decision to let importers pay with rupees and exporters be paid in rupees is likely to make trade easier with Russia and South Asian neighbours.
-
Foreign Outflows From Asian Equities Continue For 5th Straight Month In May
Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening steps by banks
-
Sunil Gavaskar Points Out "One Shortcoming" In India's ODI Set Up
Sunil Gavaskar did point out one big shortcoming in this Indian team, which has led to a lack of balance
-
Army Chief Says Beijing's South China Sea Strategy "Won't Work With Us"
The disengagement of armies of India and China from north and south banks of Pangong Tso is a "very good end result" and a win-win situation for both the sides, Army chief Gen MM Naravane said on Wednesday but stressed that there is a long way to go and the next steps towards it are de-escalation and de-induction of troops.
-
Next Round Of India-China Talks Over Ladakh's Depsang, Hot Springs, Gogra Today
Senior commanders of Indian and Chinese armies will hold a fresh round of high-level talks today to take forward the disengagement process after both sides completed withdrawal of troops and military hardware from the north and south banks of Pangong lake in eastern Ladakh, official sources said on Friday.
-
Watch: First Video Of Indian, Chinese Tanks Disengaging In Ladakh
Indian and Chinese military tanks were seen moving back, in a video released by Indian defence sources, as the two sides reached an agreement on disengagement on both the north and south bank of the Pangong Lake, ending a months-long standoff in the area.
-
Stocks To Watch: Reliance Industries, Vedanta, HDFC Life, South Indian Bank
In yesterday's session, Sensex crossed over 50,000-mark for the first time however it closed below that level owing to profit booking at record highs.
-
CBI Registers Bank Fraud Case Of Over Rs 200 Crore Against Bengaluru Firm
The Central Bureau of Investigation (CBI) has registered a case of bank fraud of over Rs 200 crore against Bengaluru-based Steel Hypermart India Private Limited and its directors for losses incurred by a consortium of banks led by the Indian Bank, officials said Wednesday.
-
China's Pangong Plan: Construction On North Bank, Soldiers At South Bank
Satellite imagery of the Pangong Lake region in eastern Ladakh shows a further consolidation of Chinese construction activity in the North Bank and the creation of new Chinese posts near the Line of Actual Control in the South Bank where Indian and Chinese forces are in the midst of a dangerous stand-off.
