The Finance Minister of India, Nirmala Sitharaman, convened a performance review meeting with the heads of public sector banks (PSBs) on Monday, emphasizing the need for improvement in deposit growth. Recently, there has been a notable surge in loan disbursement, which has outpaced deposits by 3-4 percent, leading to an imbalance in asset-liability management for ...
Introduction Centrally Minister Nitin Gadkari envisions a future where cars run on a fuel mix that significantly incorporates ethanol instead of solely relying on diesel and petrol. His ambitious plan aims to promote the use of ethanol in vehicles, and recent reports highlight key aspects of this initiative. The report indicates that to achieve the ...
The Impact of Inflation: When Will Relief Come for the Public? Inflation is a term that affects everyone, from the common man to the elite. Recently, the Reserve Bank of India (RBI) released an important report that sheds light on the current state of inflation and offers hope for relief. The report indicates a significant ...
The Adani Group is gearing up for a significant deal in the power sector, casting its eyes on the power plants owned by Anil Ambani. According to a report in Mint, Adani Power is in negotiations to acquire the 600 MW Butibori Thermal Power Project located in Nagpur, with an estimated investment ranging between ₹2,000 ...
In today’s fast-paced world, whether you’re buying a cup of tea at a local shop or purchasing groceries worth a thousand rupees, the need for UPI (Unified Payments Interface) has become indispensable. To use UPI for seamless transactions, having a linked bank account is essential. If you’re among those who have been unable to take ...
When it comes to managing small expenses, particularly financial goals that need to be met in a short term, individuals often face two choices: using a credit card to fulfill that need or tapping into the savings account. If you’re unsure which option is best, you’re in the right place. In this article, we’ll delve ...
Flipkart Introduces Platform Fees: A New Trend in E-commerce In a move that has taken many by surprise, Flipkart, one of India’s leading e-commerce platforms, has begun charging a platform fee of ₹3 on every order. This decision comes on the heels of similar actions taken by food delivery giants, Swiggy and Zomato, which have ...
The Reliance brand name has once again become the center of a significant dispute. Following the legacy of RIL’s founder, Dhirubhai Ambani, a pressing question has arisen: will the Reliance name remain solely under Mukesh Ambani, or will his younger brother Anil Ambani also have the rights to utilize it? Initially, the Ambani family found ...
The recognition of national figures on a global scale significantly enhances a country’s reputation. This year, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again made the nation proud by receiving a prestigious accolade. He has been awarded the title of the top central banker in the world for the ...
Saraswati Saree Depot’s IPO has made investors wealthy in just 4 days, with an investment of ₹2 lakhs turning into ₹2.5 lakhs. Introduction The recent listing of Saraswati Saree Depot has created ripples in the stock market, providing a lucrative opportunity for investors. After a sensational IPO, the company made a remarkable debut on the ...