Mumbai, April 2 – The Indian rupee registered a significant surge on Thursday, posting one of its largest single-day gains in many years, closing at 93.14 (provisional) against the US dollar. The rally, totaling 156 paise, marks a notable reversal after a period of depreciation driven by foreign...
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Government Keeps Small Savings Interest Rates Unchanged for Eighth Straight Quarter
PPF, NSC, and Other Schemes Retain Existing Rates for April–June FY27
New Delhi, March 30: The government on Monday decided to keep interest rates unchanged for various small savings schemes, including the Public...
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Microfinance Portfolio Shrinks 40% Year-on-Year in Q3 FY26
Bank Portfolio Outstanding Declines Sharply
A report released on Monday indicates a significant contraction in the microfinance sector. The outstanding portfolio of microfinance by banks decreased by 40 per cent year-on-year to ₹65,687...
Finance Minister Criticises Sale of Unnecessary Insurance Products by Banks
New Delhi, February 23: Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, particularly insurance, and said such practices amount to a violation under the...
Mumbai, February 17: Indian stock markets close higher for the second consecutive session on Tuesday, supported by gains in banking, IT, and capital goods stocks, even as global cues remain subdued.Benchmark Indices End in Positive Territory
The 30 share BSE Sensex rises 173.81 points, or 0.21...
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Mumbai, February 17: Indian equity benchmarks ended higher for the second straight session on Tuesday, supported by buying in banking, information technology, and capital goods shares.The 30 share BSE Sensex rose 173.81 points, or 0.21 percent, to close at 83,450.96. During the session, the...