A man checks his mobile phones in front of SBI branch in Kolkata, India. Reuters
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the gross fiscal deficit has adhered to budgetary targets, and that the current account deficit is expected to be around 2.5 per cent of the GDP in 2018-19. Das said this earlier this week while speaking at the “Governor Talks”
Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said on Friday. It is learnt that Reserve Bank of India would stick with its stance and further lower the repo rate, which will in turn reinvigorate consumer
State-run United Bank of India (UBI) on Monday said it has posted a net profit of Rs95.18 crore in the fourth quarter of the financial year 2018-19 (FY19), after seven quarters of consecutive losses. The lender had reported a net loss of Rs260.62 crore in the March quarter of the fiscal year 2017-18 (FY18).
Housing finance major HDFC Limited has partnered with the India Mortgage Guarantee Corporation (IMGC) to offer a mortgage-guaranteed home loan product. The partnership aims to make it possible for HDFC to further penetrate the home loan market and access an enlarged customer base, helping them to own a home of their choice, HDFC said.
The UAE has always offered a splendid example when it comes to women’s empowerment and gender equality.
About a year ago, Sangita Gaikwad’s teenage daughter Mona introduced her to TikTok. Like many first-time users of the quirky video-sharing app, Gaikwad, a homemaker in a farming village in western India, was baffled.
The question can no longer be ducked: is Xi Jinping’s persecution of China’s ethnic minorities a genocide in the making?
President Trump is making plain the degree to which the country remains divided by the American Civil War. His threat to veto the $718bn Defence Bill if it renames military bases called after Confederate generals harks back to 1861. His stand highlights the bizarre way that the US military has named its biggest bases, like Fort Bragg in North Carolina and Fort Hood in Texas, after Confederate generals like Braxton Bragg and John Hood who fought a war to destroy the US.