India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, while nominal GDP growth is expected to be around 11-12 per cent, according to a latest report by brokerage Jefferies.The brokerage also expects corporate earnings growth to accelerate to 17 per cent in the fiscal year beginning April…
Bank holiday in September Bank customers planning a branch visit on Monday, September 21, should note that banks will remain closed in parts of the country for regional holidays.According to the Reserve Bank of India’s holiday calendar, bank branches in Assam and Kerala will remain closed on September 21.The closure is not applicable nationwide, as…
Uday Kotak on Friday said India needs to find a way to address its high gold imports. India’s gold imports have been in focus since the start of the US-Iran war as they add pressure to the country’s import bill at a time when oil is also rising and rupee is depreciating.Amid this, veteran banker…
The bottle label could prominently carry a red warning. (Image for representative purpose only) The use of cough syrups for children under the age of four continues despite the drug regulator’s guidelines. Now, India’s drug regulator is examining a proposal to make changes to cough syrup labels to discourage their use in children under four…
As part of the process, the society asked all homebuyers to submit their parking allotment letters. (Image for representative purpose only) Your builder gives you parking space at the time of buying the house, but the housing society later changes rules. What happens then?In one such case, the Maharashtra State Co-operative Appellate Court has protected…
Chandrasekaran was delivering his address at SAI University in Chengalpattu Chennai:“Life is a marathon race, not a sprint. It is about becoming better by the day, not overtaking others. There will be ups and downs. Don’t fear downs, and do not turn your confidence into arrogance. Enjoy the journey,” Tata Sons chairman N Chandrasekaran said…
As of September 19, biometric authentication had been completed by 89.9% of active domestic LPG consumers. LPG refill Aadhaar authentication rule: Domestic LPG consumers who have not yet completed their Biometric Aadhaar Authentication (BAA) will have to complete the process to book subsidised cylinder refills at regulated prices from October 1, 2026.The Petroleum and Natural…
NPCI reportedly does not currently plan to introduce a separate daily limit on repeated UPI payments. From October 15, 2026, UPI payments above Rs 2,000 made to large merchants will attract a Merchant Discount Rate (MDR) of 0.4%. However, the National Payments Corporation of India (NPCI) reportedly does not currently plan to introduce a separate…
The story of India’s premium passenger trains is a story of Indian Railways repeatedly pushing the limits of speed, comfort and technology. In March 1969, Indian Railways flagged off its first Rajdhani Express train. In many ways the launch of Rajdhani Express trains heralded a new era for the national transporter – a fully air-conditioned…
The crisis changed India in many ways. September 19, 2008: A world wrapped in uncertaintyThe global financial crisis erupted from the US housing market, where easy credit, rising home prices and risky mortgages had fuelled a massive boom. As borrowers defaulted and mortgage-linked assets collapsed, losses spread across banks and financial institutions.Lehman Brothers’ collapse on…
