US & Indian policy rates have seen similar trajectory. With Fed’s rate cuts, difference between interest rates in India & US may widen, leading to foreign capital inflow & stronger Rupee.
According to SBI research, inflation is projected to remain below or close to 5% in coming months. For the full FY25, it is likely to average to 4.6-4.7%.
The central bank last month issued a circular ordering banks to start, from next year, to keep aside larger buffers in relation to accounts connected to the internet, mobile or UPI.
Four out of six members vote to maintain repo rate while two vote for 25 basis point reduction. RBI governor cites rise in headline inflation in June, primarily driven by food component.
PSBs have seen recoveries of written off loans growing faster than fresh write-offs since 2019-20, according to data provided by Ministry of Finance in Rajya Sabha.
Central bank has set out norms on how to identify wilful defaulters and penal provisions associated with them to maintain 'the integrity of the financial system'.
In a consultation paper, SEBI notes traders, mostly individuals, in derivatives on NSE made a cumulative loss of Rs 51,689 crore in FY24, with algorithmic traders & FPIs making profits.
Govt has not had to recapitalise PSBs since FY22. These banks, now highly profitable, are now increasingly meeting their capital requirements from their own resources.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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