Maha Cabinet clears interest rate of 1 pc above repo rate for delay in compensation for land acquisition

Maha Cabinet clears interest rate of 1 pc above repo rate for delay in compensation for land acquisition

Follow Us on Google News Mumbai, April 15 (IANS) The Maharashtra Cabinet, chaired by the Chief Minister Devendra Fadnavis, on Tuesday, had approved an interest rate of 1 per cent above the repo rate in the case of delay in the payment of compensation for land acquisition. As per the government release, the Right to … Read more

Bank of Baroda passes on RBI rate cut to retail and MSME customers

Bank of Baroda passes on RBI rate cut to retail and MSME customers

Follow Us on Google News Mumbai, April 10 (IANS) The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India’s (RBI) policy rate cut to its customers. The public sector lender said it has “reduced its external benchmark-linked lending rates for loans catering to Retail and MSME segments, ensuring … Read more

Balanced move in tough times, says Moody’s on RBI’s 25-basis point rate cut

Balanced move in tough times, says Moody’s on RBI's 25-basis point rate cut

Follow Us on Google News Mumbai, April 9 (IANS) The Reserve Bank of India (RBI) has done the right thing by sticking to market expectations at a time when uncertainty is high, Katrina Ell, Economic Research Director at Moody’s Analytics said on Wednesday. She believes the central bank’s move to cut the repo rate by … Read more

RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

Follow Us on Google News Mumbai, April 9 (IANS) RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth. The RBI Governor said that the decision to cut … Read more

Andhra CM congratulates people for second-highest growth rate

Andhra CM congratulates people for second-highest growth rate

Follow Us on Google News Amaravati, April 6 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Sunday congratulated the people of the state over registering the second-highest growth rate in the country during 2024-25. The Chief Minister took to ‘X’ to claim that Andhra Pradesh is rising. “As per the latest data from the … Read more

Haryana’s tax collection outperforms national growth rate, sets record

Haryana's tax collection outperforms national growth rate, sets record

Follow Us on Google News Chandigarh, April 4 (IANS) Haryana has reached a significant milestone in the collection of State Goods and Services Tax (SGST), outperforming the national growth rate and setting a record in 2024-25, Excise and Taxation Commissioner Vinay Pratap Singh said on Friday. He said against the budget target of Rs 37,498 … Read more

FIIs turn net buyers in March amid rate cut hopes

FIIs turn net buyers in March amid rate cut hopes

Follow Us on Google News Mumbai, March 28 (IANS) Foreign Institutional Investors (FIIs) have turned net buyers of Indian equities in March for the first time after two months of continuous selling, as per the latest National Securities Depository Limited (NSDL) data. This shift comes amid expectations of an interest rate cut by the Reserve … Read more

Andhra Pradesh eyes 15 pc GSDP growth rate in 2025-26

Andhra Pradesh eyes 15 pc GSDP growth rate in 2025-26

Follow Us on Google News Amaravati, March 25 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday asked the district Collectors to achieve a 15 per cent growth in the Gross State Domestic Product (GSDP) during 2025-26. The Chief Minister gave the direction at the inauguration of the two-day conference of Collectors at the … Read more

Conviction rate in Tripura rises by 21 pc: CM Saha

Conviction rate in Tripura rises by 21 pc: CM Saha

Follow Us on Google News Agartala, March 24 (IANS) Tripura Chief Minister Manik Saha said on Monday that the general conviction rate of various cases in Tripura has increased by 20 per cent over the past three years. Answering the questions of the MLAs in the ongoing budget session of the Tripura assembly, the Chief … Read more