The persistent slump in China's real estate sector over the past year has raised concerns of a potential "Lehman moment," marked by plummeting property values, waning homebuyer confidence and a backlog of incomplete construction projects
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Around 90 per cent of the world's central banks are currently exploring digital versions of their currencies, driven partly by the rise of cryptocurrencies like bitcoin
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The surge in onboarding was particularly notable across different city tiers, with Tier-I cities experiencing a 76 per cent rise, followed by a 63 per cent growth in Tier-II cities and an impressive increase of over 83 per cent in Tier-III cities and beyond
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The regulator also greenlit the sale of Index Linked Insurance Products, wherein the Net Asset Value (NAV) is linked to publicly available indexes
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Despite the Reserve Bank of India's cumulative repo rate increase of 250 basis points from May 2022 to February 2023, residential demand has remained robust
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The report says that credit offtake experienced robust growth of 20.3 per cent in Q3FY24 (driven by merger impact and personal loans
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In the initial three quarters of the ongoing fiscal year, all 12 PSBs collectively recorded a profit of Rs 98,000 crore, trailing only Rs 7,000 crore behind the entire fiscal year 2023
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According to the tender documents published by the RBI, audit firms empanelled by the Securities and Exchange Board of India (Sebi) for forensic audit are eligible to participate in the tendering process
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