Leasing costs for airlines may drop by $1.3bn: Government
India’s promise to prevent its airports from becoming graveyards for leased aircraft and engines has led to the Aviation Working Group (AWG) lifting its red […]
Month: October 2023
RBI sounds alarm bells over strong personal loan growth
The Reserve Bank of India (RBI) is closely monitoring the strong growth in personal loans and is concerned about any potential stress in that segment. […]
Reliance Retail to raise Rs 4,966.80 crore from Abu Dhabi Investment Authority
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Governor Shaktikanta Das says RBI remains actively disinflationary
Reserve Bank Governor Shaktikanta Das emphasized the need for monetary policy to remain “actively disinflationary” in order to achieve the inflation target of 4%. The […]
‘Leasing costs to drop by over $1 billion,’ says Government after ensuring no more GoAir kind of holding on to planes in future
India’s promise that its airports will in future not become the graveyard for leased aircraft and engines stuck with bankrupt airlines – like grounded GoAir’s […]
Auto, financial, realty stocks lead rise in sensex, Nifty
Indian shares rallied after the Reserve Bank of India (RBI) kept interest rates steady and maintained its growth forecasts. The NSE Nifty 50 index and […]
Russia lifts ban on most diesel exports
Diesel is Russia’s biggest oil product export, at about 35 million tonnes last year, of which almost three-quarters were shipped via pipelines. Russia also exported […]
87% of Rs 2k notes came as bank deposits; Rs 12k cr of currency yet to return: RBI guv
Addressing a press conference after the announcement of the bi-monthly monetary policy review, Das said Rs 12,000 crore of the Rs 3.56 lakh crore worth […]
RBI doubles gold loan limits for urban cooperative banks to Rs 4 lakh
The RBI has doubled the lending limits for gold loans under the bullet repayment scheme for urban cooperative banks (UCBs) to Rs 4 lakh. This […]
Indian shares hold gains after RBI keeps rates steady as expected
The RBI’s rate-setting committee kept the key lending rate steady at 6.50%. The central bank also maintained its policy stance of “withdrawal of accommodation” to […]