Category: Business

Falling rupee: Dollar sales by RBI could result in huge dividend for Centre again RBI (Reserve Bank of India) took everyone by surprise last year when it paid a dividend of a whopping Rs 2.11 lakh crore to the government for FY24. Expert agencies are suggesting that the effort of the central bank to arrest the fall in the price of the rupee in the current year could also ensure a second year of dividend bonanza for the government.

Budget 2025 expectations: Insurers expect tax sops, concessions for healthcare One key expectation of the insurance industry from the Budget 2025 is an enhancement of tax incentives for policyholders and increasing budgetary support for government-backed insurance schemes, such as the Pradhan Mantri Fasal Bima Yojana and Ayushman Bharat, said industry experts.

Red flag: India’s banking system facing worst liquidity crunch in years, warn bankers In 2024 one of the biggest crises of Indian banks was a liquidity crunch, which was attributable to factors such as high inflation, slackening credit growth, and a worsening credit-deposit ratio. Though RBI reduced the SRR (cash reserve ratio) and conducted repo rate auctions, the problem still continues to pose headaches for the banking sector. Liquidity crisis adversely impacts a bank’s ability to lend which is crucial for economic growth of a country.

FII outflow in 2024: Which are the top 10 companies where FIIs diluted stake the most The year 2024 has been a year of upheavals in the Indian stock market. While Foreign Institutional Investors (FIIs) invested handsomely between January and September, they began selling aggressively in October and November due to a variety of factors. If you draw up a list of 10 top Indian stocks where FIIs diluted the most stake in 2024, you will find that most of the companies (40%) belong to the BFSI sector.

No leader other than PM Modi can ‘bend it like Beckham’: Shobhana Kamineni Exuding confidence in the India growth story, industrialist Shobhana Kamineni said on Thursday there is no leader in the world other than Prime Minister Narendra Modi who can ‘bend it like Beckham’ when it comes to promoting economic growth.

Retail inflation for farm, rural workers drops to 5.01% and 5.05% in December 2024 The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) remained unchanged for December 2024 at 1,320 and 1,331 points, respectively, a labour ministry statement said.

Grand success at Davos: India bags investment commitments worth Rs 20 lakh crore Union minister Ashwini Vaishnaw, who led the largest ever Indian delegation of five Union ministers and several leaders from states including three chief ministers, said trust and talent are the biggest factors attracting the world to India.

Bank holiday today? Check whether banks are open or closed on Jan 25, 2025 Rules of RBI (Reserve Bank of India) rules state that branches of all banks in India are closed on two Saturdays and all Sundays of every month. So, is today, January 25, 2025 a holiday for banks? Also check the list of bank holidays for February 2025 in different states of India here.

Want to go to Kachchh Rann Utsav in Gujarat? IRCTC has a tour package for you This article details the IRCTC’s Rann Utsav Package with Train Tickets, a 4-night, 5-day tour from Mumbai to Gujarat’s Rann of Kachchh for the vibrant Rann Utsav festival. It covers pricing, the detailed itinerary including train schedules, and key attractions like the White Rann and Bhuj.