Browse By

Category Archives: ECONOMIC NEWS

Credit Growth

RBI Data: 16.22% Credit Surge, 12.96% Deposit Rise

  Other than hearty interest across sections, rise attached to quarter-end business likewise pushed the advance volumes in fortnight, brokers said Reflecting flood in quarter-end business, Business Bank credit extended by 16.22 percent Year on Year (YoY) premise to Rs 143.91 trillion toward the finish

Income Tax Return

ITR Mistakes? Trouble Ahead: Wrong Deductions & Exemptions

  Distorting of pay and asserting improper derivations while documenting the Annual Expense form (ITR) for AY 2023-24 can prompt serious outcomes, as per Annual Duty Division.   Mitali Madhusmita, Head Boss Magistrate of Annual Duty, Andhra Pradesh and Telangana district, as of late said

Global banks raise forecast to 4% peak for key ECB rate

Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised euro

UniCredit

UniCredit Hikes Payout Goal By 40% After Record Rofit

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses to