NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the second consecutive month to 3.4% (y-o-y) in March from 3.2% in Feb on account of acceleration in food prices, electricity, gas and other fuels, data released by NSO showed Monday. The food index rose 3.9% in March, above 3.5% in preceding…
Trump has warned that any ship in international waters that had paid transit fees to Iran could be intercepted. (AI image) The Donald Trump administration has implemented a blockade of the Strait of Hormuz amid the US-Iran ceasefire even as peace talks have failed. What does this blockade of the crucial Strait of Hormuz by…
In court, China Evergrande Group faced accusations including illegal fundraising through public deposits, fraud, corporate bribery. (AP file photo of Evergrande complex) Hui Ka Yan, the founder of heavily indebted property giant China Evergrande has admitted guilt to multiple offences. These include unlawfully taking public deposits, fraud, and corporate bribery, according to a statement released…
MUMBAI: RBI deputy governor Swaminathan J said AI deployment must ensure human accountability, explainable decisions and inclusion, as Reserve Bank of India outlined a framework to balance innovation with accountability in the financial sector. Delivering the V Narayanan Memorial Lecture at SASTRA University, Swaminathan J said AI is rapidly reshaping finance across customer service, credit…
Gold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
China’s export growth slowed sharply in March, with a year-on-year rise of just 2.5% as the Middle East war continues to cast a shadow over global demand and energy markets. The latest customs figures not only fell below expectations but also marked a sharp slowdown from the 21.8% growth seen in the first two months…
Delhi-Dehradun Expressway Delhi-Dehradun Expressway opens today! The much awaited Delhi-Dehradun Economic Corridor, that will slash the travel time between the two cities is all set to be inaugurated by PM Narendra Modi today. Built under the National Highways Authority of India (NHAI), the Delhi-Dehraudun expressway has several unique features, including a wildlife corridor for easy…
NEW DELHI: The National Company Law Tribunal (NCLT) has directed initiation of insolvency proceedings against Videocon’s former chairman and MD Venugopal Dhoot for defaulting on loans of Rs 6,158 crore, as a personal guarantor of two group companies.Admitting a plea from State Bank of India (SBI), NCLT said Venugopal Dhoot has “committed defaults in repayment…
Asian markets opened on a stronger note on Tuesday lifted by lower oil prices and hopes of US-Iran talks. US dollar reflected cautious optimism over renewed diplomatic efforts between Washington and Tehran, even after a breakdown in weekend peace talks.In Seoul, financial markets reacted positively to the prospect of a deal. The benchmark KOSPI surged…
Planning a bank visit this week? You might want to check your city’s bank holiday list first! Bank holidays in India often vary from state to state, depending on the event, occasion and regional festivals. With no single uniform calendar followed across the country, your bank trip might be wasted in case the day turns…
