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RBI Cancels Registration of Ulhas Securities and Sikar Investment

The Reserve Bank of India (RBI) has cancelled the registration certificates of two non-banking financial companies (NBFCs)—Ulhas Securities Pvt. and Sikar Investment Co.. The registration of Ulhas Securities, based in Gandhinagar, Gujarat, was granted in December 2003, while Sikar Investment, based in Bharatpur, Rajasthan, had been registered in March 1998. The cancellation was carried out under Section 45-IA (6) of the Reserve Bank of India Act, 1934, which allows the RBI to

Business

26 Nov 2024 07:50 AM 1.49k views

RBI Cancels Registration of Ulhas Securities and Sikar Investment

The Reserve Bank of India (RBI) has cancelled the registration certificates of two non-banking financial companies (NBFCs)—Ulhas Securities Pvt. and Sikar Investment Co.. The registration of Ulhas Securities, based in Gandhinagar, Gujarat, was granted in December 2003, while Sikar Investment, based in Bharatpur, Rajasthan, had been registered in March 1998. The cancellation was carried out under Section 45-IA (6) of the Reserve Bank of India Act, 1934, which allows the RBI to

Business

Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days

In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction

Finance & Economics

13 Nov 2024 21:46 PM 1.57k views

Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days

In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction

Finance & Economics

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

The Indian rupee opened at 84.39 against the US dollar on Wednesday, remaining near its all-time low of 84.4162. The Reserve Bank of India (RBI) is continuing its efforts to stabilize the currency, with analysts Amit Pabari and Anil Kumar Bhansali suggesting that the ce

Business

13 Nov 2024 04:12 AM 905 views

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

The Indian rupee opened at 84.39 against the US dollar on Wednesday, remaining near its all-time low of 84.4162. The Reserve Bank of India (RBI) is continuing its efforts to stabilize the currency, with analysts Amit Pabari and Anil Kumar Bhansali suggesting that the ce

Business

RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties

The Reserve Bank of India (RBI) has reported an increase in its gold reserves, which now stand at 854.73 metric tonnes as of September 2024, up from 822.10 metric tonnes in March 2024. According to the half-yearly report on the management of foreign exchange reserves released on Tuesday, this increase indicates a strategic shift by the central bank amid rising geopolitical tensions, persistent inflation, and a stable interest rate environment. Out of the total gold reserves, 510.46

Finance & Economics

30 Oct 2024 10:15 AM 1.18k views

RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties

The Reserve Bank of India (RBI) has reported an increase in its gold reserves, which now stand at 854.73 metric tonnes as of September 2024, up from 822.10 metric tonnes in March 2024. According to the half-yearly report on the management of foreign exchange reserves released on Tuesday, this increase indicates a strategic shift by the central bank amid rising geopolitical tensions, persistent inflation, and a stable interest rate environment. Out of the total gold reserves, 510.46

Finance & Economics

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov

Finance & Economics

21 Oct 2024 18:29 PM 1.13k views

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

The Reserve Bank of India (RBI) has reduced its GDP growth forecast for India to 6.8% for the second quarter of fiscal 2024-25, a decrease of 20 basis points. In its October bulletin titled "State of the Economy," the RBI attributed this revision to a slackening momentum observed in some high-frequency indicators, which were partially impacted by unusual heavy rainfall in August and September. This latest forecast is lower than the previous projection of 7% made by RBI Gov

Finance & Economics

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

17 Oct 2024 19:20 PM 1.24k views

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

RBI's Stance on Inflation: A Tight Leash Amid Rising Risks

The Reserve Bank of India (RBI) is taking a cautious approach to inflation management following a slight rise in the latest inflation readings. During a policy address on Wednesday, RBI Governor Shaktikanta Das emphasized the need to keep inflation on a "tight leash" due to potential upside risks stemming from adverse weather conditions and ongoing geopolitical tensions. In August, India's retail inflation, measured by the Consumer Price Index (CPI), edged up to 3.65%,

Business

09 Oct 2024 12:41 PM 1.4k views

RBI's Stance on Inflation: A Tight Leash Amid Rising Risks

The Reserve Bank of India (RBI) is taking a cautious approach to inflation management following a slight rise in the latest inflation readings. During a policy address on Wednesday, RBI Governor Shaktikanta Das emphasized the need to keep inflation on a "tight leash" due to potential upside risks stemming from adverse weather conditions and ongoing geopolitical tensions. In August, India's retail inflation, measured by the Consumer Price Index (CPI), edged up to 3.65%,

Business

Survey Shows 72% Satisfaction with Telangana CM Revanth Reddy’s Congress Government

According to a recent survey conducted between August 1 and August 10 across 12-20 districts in Telangana, over 72% of residents expressed satisfaction with Chief Minister A. Revanth Reddy’s Congress government. The survey highlights that the public appreciates the government's effective administration and commitment to welfare and development. Notably, the Congress government has been praised for its free travel scheme for women on RTC buses, which has received an overwhelmingly po

Political News

19 Aug 2024 08:42 AM 1.52k views

Survey Shows 72% Satisfaction with Telangana CM Revanth Reddy’s Congress Government

According to a recent survey conducted between August 1 and August 10 across 12-20 districts in Telangana, over 72% of residents expressed satisfaction with Chief Minister A. Revanth Reddy’s Congress government. The survey highlights that the public appreciates the government's effective administration and commitment to welfare and development. Notably, the Congress government has been praised for its free travel scheme for women on RTC buses, which has received an overwhelmingly po

Political News

New Surveys: Who is winning AP?

Andhra Pradesh elections are closer now than ever and this brings us to an important discussion about the electoral surveys that are trending big time in the AP political space. According to the latest survey from Partha Das, a renowned psephologist who works with the ever reliable Chanakyya survey, this election is going to be a close one. According to the survey done by Partha, AP is still with YSR Congress and YS Jagan Mohan Reddy. YSRCP - 98 TDP

Political News

07 May 2024 02:26 AM 1.74k views

New Surveys: Who is winning AP?

Andhra Pradesh elections are closer now than ever and this brings us to an important discussion about the electoral surveys that are trending big time in the AP political space. According to the latest survey from Partha Das, a renowned psephologist who works with the ever reliable Chanakyya survey, this election is going to be a close one. According to the survey done by Partha, AP is still with YSR Congress and YS Jagan Mohan Reddy. YSRCP - 98 TDP

Political News

RTV Survey: Who is sweeping Andhra Pradesh?

Noted Telugu journalist and senior political observer Ravi Prakash recently launched the RTV channel and is active in the Telugu states as they are heading for the election. About the coming polling trends in Andhra Pradesh assembly election, RTV Ravi Prakash has clearly hinted that the Telugu Desam Party+ alliance will be sweeping Andhra Pradesh. RTV Study Report: 2024 prediction Nellore: TDP 5 YCP 5 Prakasam : TDP 10 YCP 2

Political News

04 May 2024 03:34 AM 1.89k views

RTV Survey: Who is sweeping Andhra Pradesh?

Noted Telugu journalist and senior political observer Ravi Prakash recently launched the RTV channel and is active in the Telugu states as they are heading for the election. About the coming polling trends in Andhra Pradesh assembly election, RTV Ravi Prakash has clearly hinted that the Telugu Desam Party+ alliance will be sweeping Andhra Pradesh. RTV Study Report: 2024 prediction Nellore: TDP 5 YCP 5 Prakasam : TDP 10 YCP 2

Political News

AP Polls Survey: What did India Today and Times Now say?

As the Andhra Pradesh political scene is heating up with the impending Andhra Pradesh and Telangana elections, the season has come for pre-poll electoral surveys to rule the roost. Here is a look at what two of the leading national media outlets - Times Now and India Today had to say about the coming electoral season in Andhra Pradesh. India Today has predicted a clear swing in favor of the NDA alliance as their report read: TDP+ = 17 YSR Congress =

Political News

05 Apr 2024 04:27 AM 1.2k views

AP Polls Survey: What did India Today and Times Now say?

As the Andhra Pradesh political scene is heating up with the impending Andhra Pradesh and Telangana elections, the season has come for pre-poll electoral surveys to rule the roost. Here is a look at what two of the leading national media outlets - Times Now and India Today had to say about the coming electoral season in Andhra Pradesh. India Today has predicted a clear swing in favor of the NDA alliance as their report read: TDP+ = 17 YSR Congress =

Political News

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#rbi-survey

RBI Cancels Registration of Ulhas Securities and Sikar Investment

RBI Cancels Registration of Ulhas Securities and Sikar Investment

Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days

Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

Indian Rupee Holds Steady at 84.39 Against US Dollar, Supported by RBI Efforts

RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties

RBI's Gold Reserves Increase to 854.73 Metric Tonnes Amid Economic Uncertainties

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

"RBI Cuts GDP Growth Forecast to 6.8% Amid Festival Season Optimism"

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI's Stance on Inflation: A Tight Leash Amid Rising Risks

RBI's Stance on Inflation: A Tight Leash Amid Rising Risks

Survey Shows 72% Satisfaction with Telangana CM Revanth Reddy’s Congress Government

Survey Shows 72% Satisfaction with Telangana CM Revanth Reddy’s Congress Government

New Surveys: Who is winning AP?

New Surveys: Who is winning AP?

RTV Survey: Who is sweeping Andhra Pradesh?

RTV Survey: Who is sweeping Andhra Pradesh?

AP Polls Survey: What did India Today and Times Now say?

AP Polls Survey: What did India Today and Times Now say?

Over 1,200 Ohioans claim unclaimed funds during 2025 Ohio State Fair

India Enter T20 World Cup Final After Thrilling 7-Run Win Over England

Kodali Nani getting replaced in Gudivada?

Mikie Sherrill sworn in as New Jersey governor after decisive election victory

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US to Allow H-1B Visa Renewals Without Leaving the Country

SNAP EBT Payments Expand to Hy-Vee Online Delivery Across Midwest Locations

NHAI Lawyer Sparks Controversy Over Traffic Jam Deaths, Gets Show-Cause Notice

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