The ratio of India's international financial assets to its international financial liabilities improved, reaching 74 per cent in March 2024, up from 71.4 per cent in March 2023
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India is moving ahead towards 8 per cent GDP growth in a sustained manner, adding that the average growth India recorded in the last three years is 8.3 per cent
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RBI governor Shaktikanta Das said, Price stability is the bedrock for high and sustainable growth therefore, vote to keep the policy repo rate unchanged at 6.5 per cent and to continue with the stance of withdrawal of accommodation
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The survey is conducted pan India, across SECs, age groups, cities with representation across metros, tier 1, tier 2 and tier 3 cities and across different cohorts and regions using the Ipsos IndiaBus platform.
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Underscoring the imperative of fostering a future-ready ethos within the financial sector, Das also stressed the critical role of timely supervisory intervention in mitigating systemic risks.
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The RBI highlighted that the early arrival of the southwest monsoon will boost the agriculture prospects and is expected to surge agricultural production
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India's forex reserve is at a record high, and this gives confidence to international investors for investing in the Indian economy, he says
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After ten years of persistence in making India a global hub for Arbitration in commercial disputes, the incumbent Government has suddenly changed its policy. It now wants public enterprises and departments to adopt Mediation for dispute resolution involving large contracts. Is it a wrong move? Records show that 99 per cent of Mediation cases land up in courts
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The company has formed a team to implement corrective actions and revise policies and procedures, IIFL Finance added in a statement
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The reserves have been rising on and off for a long time now. So far in 2024, they have risen over USD 30 billion, on a cumulative basis
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