Fed Cuts Interest Rates Amid Job Slowdown and High Inflation
The Federal Reserve has made a pivotal move, cutting interest rates by a quarter of a percentage point. This decision comes as the U.S. economy shows signs of a mixed…
PSU Banks Write Off Rs 6.15 Lakh Crore in Loans
Public sector banks have written off a staggering Rs 6.15 lakh crore in loans over the past five and a half years. This information was shared with Parliament by the…
PM Modi Urges Citizens to Reclaim Forgotten Financial Assets
Prime Minister Narendra Modi has called on citizens to turn forgotten financial assets into new opportunities. This call to action is part of the ‘Your Money, Your Right’ initiative. The…
Rupee Drops to 90.11 Against Dollar in Early Trade
The rupee opened weaker on Monday, losing 16 paise against the US dollar. It started at 90.07 and quickly fell to 90.11 in early trade. This decline follows a period…
RBI Holds Door Open for More Rate Cuts Amid Global Risks
The Reserve Bank of India may consider further monetary easing. This possibility hinges on global challenges impacting domestic growth. A recent report from CareEdge Ratings highlights this cautious stance. After…
J&K Sees Massive Credit Boost: ₹43,000 Crore Disbursed
A significant financial wave has swept through Jammu and Kashmir. In the first half of the fiscal year 2025-26, banks have disbursed a staggering sum. Over 10.07 lakh beneficiaries have…
Rupee Falls 7 Paise Against US Dollar in Early Trade
The rupee weakened by 7 paise to 89.43 against the US dollar in early trade on Friday. This decline was influenced by a strong greenback and higher crude oil prices…
India’s Small Cap Funds See Rs 30,000 Crore Investment Surge
India’s small-cap funds are attracting massive investor interest despite softening returns. Fresh data reveals these funds bought stocks worth Rs 30,000 crore between April and October 2025. This represents a…
Modernisation Key to Viksit Bharat Vision
Finance Minister Nirmala Sitharaman has outlined a clear path for India’s development. She emphasized that modernisation and simplified processes are crucial for achieving developed nation status by 2047. This vision…
GIFT City Crosses 50% Built-Up Area Allotted as India’s Global Financial Hub Gains Momentum
Gujarat International Finance Tec-City (GIFT City), the country’s first operational smart and financial-services hub, has achieved a key milestone by allotting nearly half of its planned built-up area. Out of…