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RBI Monetary Policy 2024: RBI keeps repo rate unchanged at 6.5% for eighth consecutive time, extend FY25 GDP estimate to 7.2%
07 Jun

RBI Monetary Policy 2024: RBI keeps repo rate unchanged at 6.5% for eighth consecutive time, extend FY25 GDP estimate to 7.2%

Priyanka RoyBusiness, News
RBI MPC Meeting June 2024: With the RBI keeping the repo rate constant, all external benchmark lending rates linked to the repo rate will not increase, providing relief to borrowers as their EMIs will not increase. RBI Monetary Policy Meeting June 2024: The Monetary Policy Committee (MPC) of the Reserve Bank of India, which began its meeting on Wednesday, has kept the repo rate unchanged at 6.5% for the eighth consecutive time. This is the first time that the MPC met after the declaration of Lok Sabha election results. In April, the central bank had determined to keep the repo…
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Market bullish: Sensex up 3.2%, Nifty closed above 22,600
06 Jun

Market bullish: Sensex up 3.2%, Nifty closed above 22,600

Priyanka RoyBusiness, News
A day after witnessing the worst trading session in four years, benchmark indices Sensex and Nifty recovered almost half of their losses on Wednesday after gaining over 3% each. The 30 share BSE Sensex closed at 74,382.24, up 2,303.19 points or 3.2 per cent. Nifty closed at 22,620.35, upturn 735.85 points or 3.36%. Sensex fell 4,389.73 points or 5.74% and Nifty 50 fell 1,379.4 points or 5.93% on Tuesday due to the unexpected Lok Sabha election result. Bharatiya Janata Party (BJP) got 240 seats, which is much less than the exit poll estimates. However, the BJP-led National Democratic Alliance (NDA)…
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Sensex up 2.46% in morning trade, Nifty improve 560 points
05 Jun

Sensex up 2.46% in morning trade, Nifty improve 560 points

Priyanka RoyBusiness, News
A day after the announcement of Lok Sabha elections, domestic stock market indices Sensex and Nifty, which opened nearly 1 percent higher on Wednesday (May 5), gained in morning trade. At 11:30 am, the Sensex rose 2.46% or 1,772.04 points to 73,851.09. The index opened at 73,027.88, up 1.32% compared to its previous close of 72,079.05. After opening with a gain of 243.85 points or 1.11%, the broader Nifty also jumped 2.56% or 560.5 points to hit an intraday high of 22,445. On Wednesday, the Sensex closed 4,389.73 points or 5.74% lower at 72,079.05, and the Nifty 50 fell 1,379.4…
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Gross GST revenue collection in May 2024 stands at ₹1.73 lakh crore; Recorded 10% increment year-on-year
04 Jun

Gross GST revenue collection in May 2024 stands at ₹1.73 lakh crore; Recorded 10% increment year-on-year

Priyanka RoyBusiness, News
Mumbai: Gross goods and services tax (GST) revenue for May 2024 stood at ₹1.73 lakh crore. This represents a 10 percent year-on-year increase, driven by strong growth in domestic transactions (up 15.3%) and a slowdown in imports (down 4.3%). After accounting for refunds, the net GST revenue for May 2024 is ₹1.44 lakh crore, showing a growth of 6.9% over the same period last year. The gross GST collection in the financial year 2024-25 till May 2024 stood at ₹3.83 lakh crore. This represents an impressive growth of 11.3% year-on-year, driven by strong growth in domestic transactions (up 14.2%) and…
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On finding refuge in religion, Janhvi Kapoor discover she has visited Tirupati Balaji temple thrice this year: ‘When the call comes…’
03 Jun

On finding refuge in religion, Janhvi Kapoor discover she has visited Tirupati Balaji temple thrice this year: ‘When the call comes…’

Priyanka RoyBollywood, News
Janhvi Kapoor has a deep spiritual connection with the holy temple of Tirupati Balaji. In a recent conversation, the actor revealed that she has already been to Tirupati thrice this year and is planning to visit again on the birthday of her mother and late actor Sridevi. Janhvi also told how she has found refuge in her religion in the last few years.Speaking to Curly Tales, he said that, “In the last 5 to 6 years I have become more religiously inclined. I find refuge in my religion and my spirituality and especially in Lord Balaji. When the call comes…
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Bank credit increment 15.3% in April: RBI
01 Jun

Bank credit increment 15.3% in April: RBI

Priyanka RoyBusiness, News
The Reserve Bank of India (RBI) said the banking sector recorded higher credit growth in the first month of FY24, led by an increase in advances to the agriculture sector.On a year-on-year basis, non-food bank credit grow by 15. %3 in April compared with 16.2% growth a year earlier. In absolute terms, bank non-food credit stood at Rs 159.55 lakh Crore in April compared to Rs 138.38 lakh Crore in April 2023.RBI's sectoral deployment of bank credit for April 2024 showed that credit to agriculture and allied activities increased to 19.7% in April 2024 from 16.8% a year ago.Growth in…
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JEE Advanced 2024 response sheet to be appeared at jeeadv.ac.in
31 May

JEE Advanced 2024 response sheet to be appeared at jeeadv.ac.in

Priyanka RoyEducation, News
JEE Advanced 2024 response sheet: The response sheets will be released today i.e. May 31, and candidates will be able to get them on the official candidate portal jeeadv.ac.in. JEE Advanced 2024: Indian Institute of Technology, Madras (IIT Madras) will release the response sheet of Joint Entrance Examination (JEE) Advanced 2024 today (May 31). JEE advanced response sheet can be downloaded from the official website – jeeadv.ac.in.Furthermore, the provisional answer key for JEE Advanced 2024 will be released on June 2. Candidates will be able to increase their objections/challenges against the given answer key till June 3. The final answer…
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RBI balance sheet to grow by 11.07% to Rs 70.47 lakh Crore in FY2024
30 May

RBI balance sheet to grow by 11.07% to Rs 70.47 lakh Crore in FY2024

Priyanka RoyBusiness, News
The balance sheet of the Reserve Bank of India increased by 11.07 percent to Rs 70.47 lakh Crore in the financial year ending March 31, 2024, compared to Rs 63.44 lakh Crore in the financial year 2022-23.The growth on the asset side was led by growth in foreign investment, gold and loans and advances by 13.9 per cent, 18.26% and 30.05% respectively, the RBI said in its annual report for 2023-24.As of March 31, 2024, domestic assets stood at 23.31%, while foreign currency assets, gold (including gold and gold deposited in India) and loans and advances given to financial institutions…
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7 Rohingya including children taking into custody in Siliguri
29 May

7 Rohingya including children taking into custody in Siliguri

Priyanka RoyNews, North Bengal, Siliguri
Siliguri, May 29: The Government Railway Police (GRP) and New Jalpaiguri (NJP) Police in a joint operation arrested a group of seven Rohingya people, including a child, allegedly while on their way to Punjab via NJP railway station.According to details collected, the captured persons, which included four women, three men and a child, were identified as Zubera Begum, Rehana Akhtar, Ashiya Begum, Haseena Begum, Noor Hakim, Saddam Hussain and Azinur. The arrested group came from a refugee camp in Bangladesh.It is noteworthy that many Rohingyas often migrate illegally from Bangladesh to different parts of the country through NJP station. However,…
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LIC Q4 net profit up 2% to Rs 13,763 Crore
28 May

LIC Q4 net profit up 2% to Rs 13,763 Crore

Priyanka RoyBusiness, News
The insurer's total income during the quarter under review increased to Rs 2,50,923 Crore from Rs 2,00,185 Crore in the same period last fiscal, LIC said in a regulatory filing.Insurance giant LIC on Monday reported a marginal 2 % rise in net profit to Rs 13,763 Crore for the fourth quarter ended March 2024.The insurer had made a profit of Rs 13,428 Crore in the same quarter a year ago.The insurer's total income during the quarter under review increased to Rs 2,50,923 Crore from Rs 2,00,185 Crore in the same period last fiscal, LIC said in a regulatory filing.LIC's incomes…
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