Court dismissed Ambani’s plea for a personal hearing, saying that SBI had provided him adequate opportunity to explain his case in line with RBI and Supreme Court directions.
The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.
According to regulatory filing, Rcomm got Rs 31,580 cr in bank loans, but a Fraud Committee of the bank found misuse involving complex fund transfers across multiple group entities.
The Economic Survey, which was recently presented in Parliament, also estimated headline inflation for FY26 at 4.2%, while for the current fiscal, it is expected to be around 4.8%.
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%.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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