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Business - Page 641

PSU banks to cross Rs 1.5 lakh cr profit in FY'25, low deposit mobilisation concern

27 Dec 2024 11:15 AM IST
New Delhi, Dec 27 (PTI) Low NPAs and double-digit credit growth are expected to drive profits of public sector banks past the Rs 1.5 lakh crore...

Sustaining growth needs deeper commitment, says Finmin report

27 Dec 2024 12:30 AM IST
New Delhi: Sustaining growth will require a deeper commitment from all economic stakeholders as newer uncertainties mostly driven by global factors...

China hikes estimate for 2023 GDP growth

27 Dec 2024 12:30 AM IST
Bangkok: China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5 per cent” growth in...

Russia’s domestic LPG prices halve in December following EU embargo

27 Dec 2024 12:30 AM IST
MOSCOW: Domestic prices of liquefied petroleum gas (LPG) in Russia halved in December from the previous month due to an influx of the fuel, exports of...

RBI sets up eight-member panel on ethical use of AI

27 Dec 2024 12:29 AM IST
Mumbai: The RBI on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ethical enablement of...

India initiates probe into dumping of LNG fuel tanks from China: Commerce Ministry

27 Dec 2024 12:29 AM IST
New Delhi: India has initiated a probe into alleged dumping of LNG fuel tanks from China following a complaint by a domestic player, according to a...

‘Banking frauds rise in H1FY25, amount involved jumps 8-time’

27 Dec 2024 12:28 AM IST
Mumbai: The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount...

Rupee plunges 12 paise to new all-time low of 85.27 per dollar

27 Dec 2024 12:28 AM IST
Mumbai: The rupee stayed weak for the third straight session and fell 12 paise to settle at a fresh all-time low of 85.27 against the US dollar on...

Banks’ profitability improves for 6th year in row in FY24: RBI report

27 Dec 2024 12:27 AM IST
Mumbai: Profitability of banks improved for the sixth consecutive year in 2023-24 and their gross bad debts or NPAs declined to a 13-year low of 2.7...

Stock Markets close flat amid lack of global triggers & unabated foreign fund outflows

27 Dec 2024 12:27 AM IST
Mumbai: Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday amid a lack of near-term triggers and unabated foreign fund...

Gold rises by Rs 250 to Rs 78,850/10gm, silver up Rs 300

27 Dec 2024 12:27 AM IST
New Delhi: Gold prices increased Rs 250 to Rs 78,850 per 10 grams in the national capital on Thursday amid a firm global trend, according to the All...

Depreciation of rupee likely to push import bill by $15 billion, says GTRI

27 Dec 2024 12:26 AM IST
New Delhi: The depreciation of Indian rupee against the US dollar is expected to push the country’s import bill by about $15 billion, think tank GTRI...
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