Payment frauds rise by 70.64% to Rs 2,604 crore in October-March period
The volume of frauds also rose to 15.51 lakh during the March 2024 period from 11.5 lakh in the previous six-month period, RBI data shows.
Source: indianexpress.com
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Above-normal monsoon rains to further ease food prices: Finance Ministry report
This comes even as high food inflation remains a challenge in several major economies across the world and the Reserve Bank of India (RBI) sees food price uncertainties weighing on the inflation outlook, it noted.
Source: indianexpress.com
India needs 3 strong telecom companies: SBI Chairman Khara
Vodafone raised Rs 18,000 crore from the market earlier this week. The sector continues to flourish and continues to be the backbone of digitalisation, he said.
Source: indianexpress.com
Target is to achieve $1 trillion goods exports by 2030: Trade Ministry
EU lawmakers backed the Corporate Sustainability Due Diligence Directive (CSDDD) by 374 votes to 235 against, with 19 abstentions, Reuters reported.
Source: indianexpress.com
Kotak Mahindra shares plummet 10.85% after RBI action
While the bank reassured to its existing customers of uninterrupted services, including credit card, mobile and net banking, the market took the RBI action seriously.
Source: indianexpress.com