[ad_1] Bank lending slowed across sectors- industry, services, retail and agriculture in December due to a general slowdown in demand, data on `Sectoral deployment of bank credit’ released by the Reserve bank of India showed.But one segment in retail segment, loans against gold jewellery jumped...
[ad_1] Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central bank's target, the Commerce Department reported Friday.The personal consumption expenditures price index increased 2.6% on a year-over-year basis in December, 0.2...
[ad_1] Former chief justices of the Supreme Court and high courts, the Election Commission, political parties and state governments figured in an indicative list prepared on Friday by the parliamentary panel scrutinising the bills proposing simultaneous polls. The meeting witnessed several opposition members pitching that...
[ad_1] The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for deficiencies in regulatory compliances. In a statement, the RBI said it has imposed a penalty of Rs 65 lakh on...
[ad_1] The Economic Survey said regulators need to manage trade-offs between financial resilience and efficiency. It said that a system where banks maintain high reserve ratios and only lend to the most creditworthy borrowers may exclude smaller households and businesses from accessing credit.“On the one...
[ad_1] Is the Indian Film Industry becoming too dependent on big-budget and event films (spectacles, franchise)? Going by the box office collection of Indian films across languages such as Hindi, Malayalam, Telugu, Tamil, Marathi, Kannada, Punjabi and Hollywood, it is clear that the contribution of...
[ad_1] Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.With Amazon being the go-to site for just about any product, the ability to earn 5% back on all your purchases could be enticing if you're a frequent shopper. The Prime Visa has no...
[ad_1] After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company's brand CEOs.In its earnings call this week, LVMH reported that sales for its...
[ad_1] Businesswoman managing finance and investment online, reading financial trading data and making financial plan with smartphone. Online banking. Banking, investment and financial trading conceptD3sign | Moment | Getty ImagesThe private banking industry, long defined by exclusivity, discretion and personalized service by relationship managers, is...
[ad_1] India's asset management industry has witnessed a remarkable growth of greater than 6X in the last 10 years, with its assets under management (AUM) growing to Rs 66.93 lakh crore in December 2024 compared to Rs 10.51 lakh crore in December 2014, according to...