Construction equipment makers are experiencing a surge in government orders for border infrastructure projects, driven by heightened geopolitical tensions and import substitution efforts.
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IndiGo faced significant flight disruptions in Hyderabad, impacting 77 flights, with ongoing issues in Mumbai and Delhi. The DGCA urged pilot cooperation amid rising operational pressures from weather and demand. As the fog and holiday season approach, the regulator emphasized…
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Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios, restricts deeper cuts. Consequently, banks will experience continued margin pressure in the near term. However,…
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To ensure the recent interest rate reduction truly benefits the economy, the Reserve Bank of India may have to infuse a staggering 1.5 lakh crore into the financial system. This move is seen as vital to offset the liquidity drains…
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India Budget: Governments resort to deficit financing when spending exceeds earnings, often to stimulate growth through tax cuts or infrastructure projects. While crucial for developing nations like India, it risks inflation and increased production costs, potentially deterring investment and widening…
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India’s finance ministry is setting a new standard for accountability by instructing state-run banks to swiftly communicate any troubling details regarding their directors and appointees. This move is particularly relevant following the controversial case involving UCO Bank’s MD & CEO,…
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