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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

Jana Small Finance Bank put on rating watch

India Ratings and Research has placed Jana Small Finance Bank on rating watch. This portents negative implications for the bank. This is especially so in view of the...

RBI keeps a tight vigil on gold prices and loan growth

Gold loans have emerged as the largest segment within non-housing retail loans, growing at a compounded annual growth rate (CAGR) of 42.4 per cent...

Kotak Mahindra Bank to buy Deutsche Bank’s retail, wealth business

The business comprises about Rs 29,000 crore  in loans, Rs 16,000 crore  in deposits and Rs 10,500 crore of assets under management and serves...

Big Executive Moves at Private Banks

Private lender HDFC Bank said its board has approved the appointment of Former Union Finance Secretary Rajiv Kumar as a Part-time Chairman for a...

Kotak Mahindra Bank MD Ashok Vaswani to quit

Ashok Vaswani has cited personal reasons, the bank said in a regulatory filing. The board has respected his decision and has initiated the process for...

Monetary policy has turned more cautious: RBI Governor

“Global economic outlook remains clouded by the continuing geopolitical impasse in West Asia, as sharply escalating energy prices and global supply chain disruptions continue...

RBI lowers FY27 growth forecast, ups inflation estimate

“Going ahead, the rise in prices of energy and other inputs, coupled with supply disruptions, is likely to weigh on economic activity,” RBI Governor...

RBI keeps repo rate unchanged at 5.25%

Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate remain...

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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....