Despite inflation falling below the apex bank's target of 4 per cent for the past two months, the policy rates will not change in the MPC meeting commencing on 7 October, as per BoB report
Read MoreThe sector is expected to grow at a compounded annual growth rate (CAGR) of 8 to 10 per cent from the financial year (FY) 2024 to FY30, surpassing GDP growth during this period
Read MoreIndian economy is expected to grow at an even higher rate of 8.2 per cent in FY2024, as per S&P report
Read MoreThematic and sectoral funds witness over seven-fold surge in AUM in the last five years at Rs 4.45 lakh crore in August 2024
Read More"The emerging picture indicates that the household (HH) situation in India has weakened further in recent months with real income continuing to decline thereby extending the structural drag," the report mentions
Read MoreThe survey attributes the transformation to enhanced credit risk assessment capabilities of big data and AI, leading to more accurate risk profiling and better predictions of loan defaults
Read MoreThe report emphasises that India is lagging in component manufacturing, urging the government to introduce more initiatives to stimulate this area of the industry
Read MoreThe surge highlights a notable shift in investor sentiment and renewed enthusiasm for mutual fund investments across various schemes
Read MoreHindenburg levels fresh allegations against Sebi chief Madhabi Puri Buch, claiming whistleblower documents reveal her and her husband's stake in offshore entities linked to the Adani scandal
Read MoreAt present, only 1.36 per cent of India's MSMEs are exporting, highlighting the disconnection between India's export growth and MSME's propensity to internationalise
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