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होम » Breaking Briefs

Breaking Briefs

RBI fines PNB, Federal Bank for regulatory norms non-compliance

The penalty on Punjab National Bank has been imposed for non-compliance with certain provisions related to 'interest rate on advances' and 'customer service in banks', Reserve Bank of India (RBI) said in a release.
Fed might raise rates, but RBI would be guided by own considerations: CEA

Though the US central bank did not raise interest rates against expectations in several quarters, chairman of the Fed, Jerome Powell, has said that they could hike rates again if the war against inflation warranted it.
Tractor sales plunge depicts muted rural demand recovery

Irregular rainfall washes away tractor sales in October 2023!
UPI sees transactions worth Rs 17.6 lakh crore in October, 2023

The volume and value of transactions undertaken using UPI have been seeing a steady growth in 2023. In June 2023, UPI registered 933.50 crore transactions worth Rs 14.75 lakh crore.
Sebi to ease language, format for MF documents
110 get nod for IT hardware import

The country has imported personal computers, including laptops, worth USD 5.33 billion in 2022-23 compared to USD 7.37 billion in 2021-22.
Delhi GST collection up by 17% in H1
NBCC to complete Amrapali projects by 2025

Out of its total scope, NBCC completed the work of around of Rs 5512.10 crore till September 2023 and Rs 5,229.60 crore was received from the clients till October 23 this year.
Q2 growth could surprise everyone: Das

According to Das, the growth momentum in the economy continues to be strong, and that the GDP number for the second quarter will surprise everyone on the upside.
Softer price, festivals push gold demand in July-Sept: WGC

WGC Regional Chief Executive Officer (India) Somasundaram P.R. said gold prices softened a bit in the last quarter but now they have started rising. Dhanteras and the wedding season will impact prices in the next two months.

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