Banks’ Improving Financial Performance Supports Intrinsic Creditworthiness: Fitch

February 25, 2023 / sbadmin

According to international rating agency Fitch, an ongoing improvement in the financial health of Indian banks portends favourably for the inherent risk profiles of the industry. According to a statement, the rate of improvement in asset quality and profitability has outpaced forecasts, and capital buffers are generally on track with plans. It reported that the […]

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Economy News: India Ranks 42 In 55 Countries On International IP Index

February 25, 2023 / sbadmin

India is poised to become a leader for emerging nations looking to transform their economies through IP-driven innovation, according to the International IP Index published by the US Chambers of Commerce, which puts India 42nd among 55 top global economies. According to Patrick Kilbride, senior vice president of the US Chamber of Commerce Global Innovation

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Adani Promised To Supply Power In Reduced Price: Report

February 24, 2023 / sbadmin

Adani News. India’s Adani Power on Thursday pledged to provide Bangladesh with electricity at a lower cost while maintaining parity with the country’s current coal-fired power plants’ generation costs. According to a senior Adani official quoted in the widely read Prothom Alo daily, the company will import coal for its plants at the same cost

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HDFC Bank Raises USD 750 Million In Dollar Bond Sale

February 24, 2023 / sbadmin

The largest private lender in the nation, HDFC Bank, revealed on Thursday that it has raised USD 750 million through the selling of dollar bonds. According to a filing with the exchange, the bank stated that it would be paying a coupon of 5.686 percent for the three-year bonds. The paper, which has ratings of

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Zee Entertainment Stock Plunges 14%, This Brokerage Has A “Buy” Call

February 24, 2023 / sbadmin

After hearing that IndusInd Bank’s insolvency case against Zee Entertainment Enterprises had been allowed by NCLT, the stock of that company fell 14% in trade today. Below is a summary of the information that Prabhudas Lilladher provided. What is the issue? Siti Networks (sister concern of ZEEL) had taken a loan from IndusInd Bank wherein

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Nirmala Sitharaman Meets US Treasury Secretary Janet Yellen

February 24, 2023 / sbadmin

In advance of the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the G20 Indian Presidency slated for February 24 and 25, Union Finance Minister Nirmala Sitharaman met with US Treasury Secretary Janet L Yellen on Thursday. The priorities for the G20 Finance Track during the G20 India Presidency in 2023 were

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Cryptocurrency Rate Today: The boom in the Crypto market continues

January 4, 2023 / sbadmin

Cryptocurrency Rate Today: The boom in the crypto market continues on Wednesday as well. All major crypto currency investors are expressing confidence. In this sequence, we are telling you the rates of top crypto here. bitcoin cryptocurrency rate today of $ 16,863.34 on CoinDesk. It currently has a gain of 1.02 per cent. At this

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