The Reserve Bank of India (RBI) has issued a warning regarding unauthorized “loan waiver” campaigns that are currently circulating. These campaigns involve misleading advertisements that […]
Category: BigBreakingNow
Landmark Judgement: CJI Concludes on Article 370, Jammu and Kashmir Sovereignty, and Statehood Restoration
The Supreme Court issues a landmark judgment, validating the abrogation of Article 370 and confirming the complete applicability of the Indian Constitution to Jammu and […]
Bank of Japan Maintains Cautious Stance on Negative Rates Amidst Lack of Inflation Proof
The Bank of Japan (BOJ) has reportedly indicated a reluctance to terminate its negative interest rate policy in December. This decision stems from the BOJ’s […]
Contrasting Fortunes: Fitch Ratings Analyzes Cement Markets in China and India Amid Shifting Dynamics
Fitch Ratings recently highlighted the contrasting market conditions for cement producers in China and India. In China, the demand for cement is anticipated to stay […]
Digital Loan Disbursements Surge: Challenges and Growth Insights from Q2FY24 FACE Report
In the second quarter of the financial year 2024, there was a significant 43% annual growth in the value of digital loan disbursements, as reported […]
India Faces Rising Inflation in November: Onions and Pulses Drive Up Consumer Prices
In November, India’s retail inflation is anticipated to increase, mainly due to higher prices of vegetables like onions and pulses. Economists estimate the Consumer Price […]
Adani Ports Approves ₹5,000 Crore NCDs Issuance for Expansion and Refinancing
Adani Ports and Special Economic Zone Limited recently got the green light from its Board of Directors to issue Non-Convertible Debentures (NCDs) valued at ₹5,000 […]
SpiceJet Charts Strategic Course with Rs 1,600 Crore Fund Raise, Reports Q2 Financial Highlights
SpiceJet has reported a net loss of 4.3 billion rupees in the second quarter, a notable improvement from the 8.4 billion rupees loss year-over-year. During […]
Indian Rupee Faces Challenges Despite Weakening US Dollar, Falling Crude
Introduction:In a surprising turn of events, the Indian rupee has struggled to bounce back Despite the drop in crude prices and easing yields, and weakening […]
Indian Lok Sabha Approves Rs 58,378 Crore Additional Spending for Fiscal 2023-24
The Lok Sabha approved a net additional spending of Rs 58,378 crore for the current fiscal year ending March 2024. The government sought a gross […]
November CPI Report: U.S. Inflation Slows but Challenges Persist for the Federal Reserve
The latest U.S. Consumer Price Index (CPI) report for November revealed a 0.1% increase in prices, surpassing expectations for a flat 0.0% reading. On an […]
Block Deal in Axis Bank: Co Announces Secondary Offering of 33.4 Million Shares via Accelerated Bookbuild at INR 1,109.00 per Share
Axis Bank Ltd. is set to undertake a secondary offering of approximately 33.4 million shares through an accelerated bookbuild offering. The issuer, Axis Bank Ltd., […]