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Get latest articles and stories on Latest News at LatestLY. India Ratings has lowered its GDP growth forecast for FY23 to 7-7.2 per cent, from 7.6 per cent earlier citing the rising uncertainty over Russia-Ukraine war and the resultant dampening of consumer sentiment. Latest News | Ind-Ra Slashes FY23 GDP Forecast to 7-7.2% Citing Ukraine War.
Get latest articles and stories on Latest News at LatestLY. Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis Bank for an estimated Rs 12,325 crore. Latest News | Citi Joins List of Foreign Banks Scaling Down India Ops Under Global Strategy.
Get latest articles and stories on Latest News at LatestLY. The hotel industry in the country which bore the brunt during the COVID-19 pandemic is on the path of recovery with higher occupancy, increased average room rates (ARR) and spurt in merger and acquisition deals, a study said on Wednesday. Latest News | Hotel Industry Expects Traction in Occupancy, Room Rates in 2022: Study.
Get latest articles and stories on Latest News at LatestLY. Italian financial services firm Generali on Wednesday said it has become the majority shareholder of the Indian life insurance joint venture following all the regulatory approval. Latest News | Generali Becomes Majority Shareholder in Indian Life Lnsurance Joint Venture.
Get latest articles and stories on India at LatestLY. A Delhi court on Monday allowed the CBI to collect the handwriting sample of former managing director and chief executive officer of National Stock Exchange (NSE) Chitra Ramkrishna in connection with the NSE co-location case. India News | NSE Co-location Case: Court Allows CBI to Collect Chitra Ramkrishna's Handwriting Specimen.