e-Rupee: India’s digital currency fails to excite interest, say bankers- QHN
A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing […]
OECD cuts India FY23 GDP forecast to 6.6% on slowdown at home, global fears- QHN
The Organisation for Economic Co-operation and Development (OECD), on Tuesday, cut its gross domestic growth forecast for India for the […]
HDFC Bank, Canara Bank get RBI approval for rupee trade with Russia- QHN
The Reserve Bank of India (RBI) has approved HDFC Bank and Canara Bank to open a special vostro account for […]
Risk of global hard landing, but India differently placed: Shaktikanta Das- QHN
The concerted tightening of monetary policy by global central banks looking to tame inflation has progressively raised the risk of […]
Policy transmission disjointed in bond market: RBI deputy governor Patra- QHN
Certain features of the domestic market for government securities dampen the transmission of monetary policy, with uneven market liquidity being […]
Credit risk not being fairly priced in by banks, says SBI report- QHN
Banks are not adequately pricing in credit risk as the liquidity condition tightens and interest rates remain high, said State […]
Growth in India’s services sector quickens in Oct, PMI edges up to 55.1- QHN
Activity in India’s dominant services industry gathered pace in October despite high inflationary pressures, underpinned by robust domestic demand, leading […]
Credit to industry up 12.6% YoY in September; touches 100-month high- QHN
Credit to industries in September 2022 grew at the fastest pace it has grown in the last 100 months, aided […]
A roller-coaster ride: FPIs propel Nifty to reclaim 18K; Sensex tops 60K- QHN
India’s benchmark indices rose on Monday amid strong buying from foreign portfolio investors (FPI), and hopes of the US Federal […]
Centre’s fiscal deficit in H1 touches 37.3% of full-year target- QHN
The Centre’s fiscal deficit for the first half (H1) of the current fiscal year (April-September of FY23) came in at […]