Month: September 2024

The Reserve Bank of India reported a current account deficit of $9.7 billion for April-June, driven by a $65.1 billion merchandise trade deficit. Net services receipts increased to $39.7 billion, while remittances rose, supporting future export growth.(Reuters)
Posted in Business

India’s current account deficit gap widens in April-June: RBI

India’s current account deficit widened on-year in the April-June quarter, largely due to a higher merchandise trade deficit, the central bank said on Monday. The…

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Growfast
Posted in Economy

core sector data: India’s core sector declines by 1.8% in August

India’s eight core sectors’ output growth declined to 1.8 per cent in August on annual basis as against 13.4 per cent in same month last…

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SP Oswal was scammed out of <span class=
Posted in Business

Vardhman Group chief SP Oswal shares how he was duped and ‘fell into a trap’: Fake SC hearing, surveillance, CBI

Vardhman Group chairman SP Oswalwas duped by cyber fraudsters into transferring ₹7 crore to their bank accounts and was also taken into “digital custody” by…

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Growfast
Posted in Economy

current account deficit: India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter

India’s current account deficit (CAD) widened marginally to $9.7 billion (1.1 per cent of GDP) in Q1 FY2024-25 from $8.9 billion (1.0 per cent of…

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India's fiscal deficit from April to August was 4.35 trillion rupees, 27% of the annual goal. Net tax receipts totaled 8.74 trillion rupees, with government spending at 16.52 trillion rupees, both impacted by the general elections.
Posted in Business

India’s fiscal deficit at ₹4.36 lakh crore- 27% of full-year target

₹4.36 lakh crore- 27% of full-year target&section=Business&subSection=&impression=true” width=”100%” height=”0px” style=”display:block” frameborder=”0″ scrolling=”no”> Sep 30, 2024 04:27 PM IST India’s fiscal deficit for April-August reached 4.35…

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Banks holidays in October 2024: October brings 15 bank holidays across India for festivals like Dussehra and Diwali. While branches will close, online banking will continue uninterrupted. Customers should check their state's holiday list for accurate scheduling.
Posted in Business

Banks closed for 15 days across multiple states in October: Check city-wise list

Banks holidays in October 2024: Banks in India will remain closed for 15 days in October for various regional festivals that vary by state, along…

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British Prime Minister Keir Starmer is seen. (Reuters)
Posted in Business

UK economy grew by slower-than-thought 0.5% in Q2

The UK economy grew more slowly than thought in the second quarter, suggesting the recovery from recession was already losing steam as Labour came to…

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Royal Enfield recalls motorcycles manufactured from November 2022 to March 2023 for reflector performance issues. The replacement process will begin in South Korea, USA, and Canada, at no cost to customers. The Classic 650 is set to debut at the Motoverse event in Goa this November.
Posted in Business

Royal Enfield’s rare recall for motorcycles over reflectors: Is your bike affected?

Sep 30, 2024 05:20 PM IST Royal Enfield recalls motorcycles made between November 2022 and March 2023 due to potential reflector issues. Replacement will be…

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The US Embassy has increased visa appointments for Indian travelers by 250,000, amid a record number of student visas issued this year. Indian students now represent the largest group of foreign students in the US, highlighting growing educational ties.
Posted in Business

US opens 250,000 more visa appointments for Indian travellers: What we know

Sep 30, 2024 03:13 PM IST The US Embassy opened 250,000 visa appointments for Indian travelers, including students and skilled workers, following record student visas…

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The 2024 Bravia TVs can deliver the Cinema is Coming Home concept due to the updated hardware such as the XR Processor, on which audio and video processing algorithms build. (Official image)
Posted in Business

Sony’s Bravia cinematic concept builds on chip, AI for focal point methodology

The smart television ecosystem in India hasn’t seen an ecosystem collaboration of the kinds Sony India envisions with its new Cinema is Coming Home concept….

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