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MUMBAI: Banks will be forced to raise deposit rates in the coming months as credit growth is outstripping the increase in deposits by a large margin, a report released by the Reserve Bank of India said on Saturday. It asserted that the…

NEW DELHI: Twitter banned more than 46,000 accounts of Indian users in May over violation of its guidelines, the microblogging platform said in its monthly compliance report on Sunday. According to the report, Twitter removed 43,656…

India’s core sector output surged to 18.1% in May on a year-on-year basis as against 8.4% in the last month, revealed data by the commerce and industry ministry on Thursday. The growth can be attributed to increased production in cement,…

Credit card additions and expenditures climbed at the fastest pace in May in recent quarters, underscoring the fading impact of Covid-induced disruptions on consumption habits, as an increasing number of urban Indians took lengthy…

The Centre has procured 52,460 tonne of onion till May-end this year for maintaining a buffer stockNEW DELHI: The Centre has procured 52,460 tonne of onion till May-end this year for maintaining a buffer stock, a senior consumer affairs …

Deal activity (including mergers & acquisitions, private equity, and venture financing deals) in India grew 3.2% in May, although the Asia-Pacific region as a whole witnessed a sharp decline of 12.7%, from 1,330 deals to 1,161 deals,…

The industrial sector witnessed a steeper decline in the optimism levels of Chief Financial Officers. Data analytics firm Dun & Bradstreet’s CFO Optimism Index stood at 91.9, which is a decrease of around 12.0% (QoQ) in Q2 2022. It…