News Overview

Currently, the central bank is keeping an eye on data to determine whether any more actions are required.

While the RBI did maintain rates, the question is whether they had the opportunity to give a pre-emptive boost.

The lenders had previously advocated a collective CIRP in the hopes of receiving a higher price for the three firms.

Normal monsoon this year is critical for easing of food inflation.

Investors with very high risk appetite and want to invest in special situations theme should invest in the Mahindra Manulife Manufacturing Fund for 5 or more years.

The successful bidder will deploy cargo handling equipment within seven months of receiving the letter of acceptance (LOA).

RBI raises India's GDP growth projection for FY24-25 to 7.2%, citing strong domestic activity, PMI, and rural demand.

The decision aims to control inflation, but many economists predict a rate cut later in FY 2024-25.

HDFC AMC has selected June 18, 2024, as the record date for this dividend payout. The dividend will be paid to qualified shareholders on or before June 30, 2024.

His educational background includes a Bachelor's from IIT Madras, a Master's from Penn State University, and an MBA from the Indian School of Business