Indian Banking Sector: Global rating agency Moody’s has shown confidence in the Indian banking sector. Moody’s has upgraded the deposit ratings of Punjab National Bank (PNB), Canara Bank and Bank of Baroda while affirming the long-term deposit ratings of State Bank of India (SBI). Moody’s Investors Service said in a statement that the long-term rating …
Budget 2023 Subsidy Bill : Finance Minister Nirmala Sitharaman will present the budget on 1 February 2023. In such a situation, the discussion about the government’s subsidy bill is intensifying. In fact, subsidy is financial assistance given by the government, which can be given to any person, business or organization. In such a situation, the …
Oxfam International Report in World Economic Forum, Davos: More than 40 percent of India’s total wealth is occupied by just one percent of the country’s richest people, while 50 percent of the population has only three percent of the country’s total wealth. This information has been given in a recent report by the social organization …
Nomura’s Forecast – Nomura Forecast for India: Policy interest rates in India may be increased by another 25 basis points next month, but after that the process of rate hike will stop. Not only this, due to the fall in the GDP growth rate in the second half of 2023, the Reserve Bank of India …
Economist Demand in Budget 2023: The general budget of the country is going to be presented on 1 February. Apart from the common man, the market and the industry, the budget is also being watched. After suffering from Corona for 2 years, this time it is expected that the government can make some big announcements …
Indian Economy News – FY23 real GDP growth estimated at 7% by NSO: The latest estimates of GDP growth rate for the current financial year have been released by the National Statistical Office (NSO), Government of India. According to the first advance estimate of NSO, India’s real GDP growth rate during the financial year 2022-23 …
India’s Service Sector PMI: There has been a good growth in India’s service sector in December 2022 due to improvement in services and boom in new business. The country’s services sector has picked up pace and in December it reached a six-month high. The demand of the sector has been strong and after June 2022 …
Reliance Family Day Function 2022: When there is a possibility of recession worldwide, there are uncertainties in the market and volatility dominates, India can become a shining spot in terms of economy. Reliance Industries Limited (RIL) Chairman Mukesh Ambani said this in a virtual address on the occasion of the 90th birthday of the company’s …
Financial Planning for 2023 – Financial Planning for New Year: We have come to the last stage of the current year. This is the best time to learn skills for better financial planning for the new year. Standing at the end, we should remember the events that happened during the year. In 2022, many incidents …
Indian Economy – GDP of India: India’s economic growth is still in ‘very critical’ condition and it needs full support now. Jayant R Verma, a member of the Monetary Policy Committee (MPC) of the Reserve Bank of India, has said this. He told the news agency that private consumption and capital investment have not yet …
