ठळक बातम्या
The National Pension System (NPS) now allows retirees to systematically withdraw 60% of their corpus while the remainder grows, benefiting from better annuity rates at later ages. Retirees can contribute … Read More
Departments such as telecom, defence, railways, and highways have experienced lower capital expenditure with telecom spending just 6% of its annual allocation. Total government capex during April-Nov fell to 49% … Read More
HDFC Bank’s deposit base exceeded its advances for the first time following the merger with its parent housing finance company in July 2023. Deposits grew by 15.8% year-on-year, primarily through … Read More
FMCG companies are set to experience a contraction in gross margins and modest-to-flat operating profits in the Dec quarter due to inflation, higher input costs, and pricing increases. Although there’s … Read More
Bank of Baroda reported a robust 11.7% year-on-year rise in global business, reaching Rs. 25.6 lakh crore by the end of December 2024, driven by a significant increase in retail … Read More
Indian Railways’ Vande Bharat sleeper train prototype has successfully hit a speed of 180 kmph during RDSO field trials. Designed for long-distance overnight travel, this sleeper variant features advanced amenities … Read More
The rupee reached a record low of 85.77 against the dollar, driven by a weaker Chinese yuan and a stronger dollar. India’s foreign exchange reserves dipped to an eight-month low. … Read More
NHAI has prepaid loans of Rs 56,000 crore this fiscal year, reducing its debt from Rs 3.3 lakh crore to around Rs 2.8 lakh crore. With help from budgetary allocation … Read More
SBI and HDFC Bank have started 2024 by enhancing deposit rates. SBI offers super senior citizens new benefits while HDFC has revised bulk deposit rates. SBI also introduces goal-oriented products … Read More
FMCG giant Hindustan Unilever is in advanced talks to acquire D2C beauty brand Minimalist, valuing the startup at approximately Rs 3,000 crore. This acquisition will enhance HUL’s product portfolio to … Read More