Representative image (Photo: ANI) MUMBAI: India's largest lender, State Bank of India, has cut returns for depositors again. Effective June 15, the bank reduced interest rates on retail term deposits…
On Global Wind Day 2025, Union minister for new and renewable energy Pralhad Joshi stressed on the importance of wind energy and said that it is crucial to India’s clean…
Despite a heatwave sweeping across northern and eastern India, room air-conditioner (RAC) industry is heading into the second half of 2025 with low expectations. Although June saw a spike in…
India’s household savings have slipped to a new low for the third consecutive year, falling to 18.1% of GDP in FY24, according to a report by CareEdge Ratings.On the other…
India’s car industry could be in trouble as China’s stricter control over rare earth magnet exports and shipment clearances delays may slow down electric vehicle production, Crisil Ratings said.The rating…
The RBI's Liberalised Remittance Scheme (LRS) governs foreign investments by individuals. (AI image) The Reserve Bank of India intends to strengthen regulations concerning international money transfers, that is, overseas remittances…
Banks could face an increase in credit costs in Financial Year (FY) 2026, primarily due to emerging pressures in the unsecured lending and microfinance sectors, according to an analysis by…
52 India-based companies depend on Chinese magnets for supplying to automobile manufacturers across the country. (AI image) China’s hold on rare magnets sends Indian industry supply in tailspin! The count…
NEW DELHI: Soon after the Air India passenger plane crash, the Türkiye government issued a statement to debunk claims circulating about the maintenance of the aircraft involved. Some claims had…
India on Saturday welcomed the improvement in the Maldives’ foreign exchange (FX) reserves, noting with satisfaction that the $400 million currency swap between the Reserve Bank of India (RBI) and…