All three Bharti group companies outperformed in CY25 but the biggest gain came from Bharti Airtel, the flagship.
The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.
The current employee strength of all state-run banks is about 672,000.
The rates of price rise in many services used by the common man, including hospital and nursing, cook, domestic help and bus (fare), among others, have also touched double digits during the last four years, putting a burden on disposable income.
Oil and Natural Gas Corporation leads 30 Indian companies which have found place on Forbes magazine's coveted list of top 2000 corporate titans across the world.
At least a 25 basis points hike can be expected on the October 5 policy
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
Rapid rise in disposal of corruption cases against govt employees has helped
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
As many as 10 public sector banks could be out of the infusion plan because of Sebi's minimum public shareholding norms.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
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