Hyderabad, Dec 8 (UNI) Vantara, the wildlife care initiative of the Reliance Group, formalised a landmark partnership with the Telangana government on Monday to establish a world-class Wildlife Conservatory and Night Safari at Bharat Future City, Hyderabad. This was announced at the ongoing Telangana Rising Global Summit here. The project will integrate wildlife rehabilitation, veterinary…
New Delhi, December 8 (UNI) Notwithstanding the demonetisation in November, 2016, the currency in circulation (CiC) in the country has more than doubled between 2016 and 2025. While the CiC in the country was Rs 17.97 lakh crore at the time of the demonetisation that happened on November 8, 2016, the CiC in the country…
New Delhi, Dec 5 (UNI) India’s economic mood turned visibly brighter on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent, signalling the beginning of a softer interest-rate phase after months of tight financial conditions. The unanimous decision by the Monetary Policy Committee (MPC)…
Mumbai/New Delhi, Dec 5 (UNI) The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday reduced the key repo rate by 25 basis points to 5.25 per cent, citing the need to support growth amid easing inflation. Announcing the MPC’s decisions in Mumbai, RBI) Governor Sanjay Malhotra emphasised the need for banks and non-banking…
New Delhi, Dec 4 (UNI) Electricity demand declined 0.3 percent year-on-year in November, marking the second consecutive month of degrowth, says a report released by credit rating agency, CRISIL on Thursday. Lower temperatures cooled power demand by an estimated 0.3 percent to 123 billion units (BUs) in November compared with 124 BUs a year ago….
New Delhi, Dec 4 (UNI) The World Gold Council (WGC) on Thursday said the gold prices can rise between 15-30 per cent in the calendar year 2026 from the current levels. In the Calendar Year 2025, gold prices have surged around 53 per cent as investors rushed to the safety of gold in the backdrop…
New Delhi, Dec 4 (UNI) Fitch Ratings on Thursday raised India’s Gross Domestic Product (GDP) growth forecast for the current fiscal to 7.4 per cent, from its earlier forecast of 6.9 per cent. Increased consumer spending and improved sentiment boosted by GST reforms was sighted as the main reason for the revision. Fitch Ratings said…
Bengaluru, Dec 4 (UNI) India’s Digital Public Infrastructure continues to expand at an unprecedented scale, with UPI now accounting for 49 per cent of global real-time payments and processing nearly Rs 200 lakh crore in FY24. Account Aggregators have crossed 2.2 billion consents with 112 million linked users, while Aadhaar-linked Direct Benefit Transfers now cover…
New Delhi, Dec 4 (UNI) Underscoring the need for greater balance and diversification in bilateral trade, union Minister of Commerce & Industry Piyush Goyal on Thursday said there are enormous opportunities to expand commerce between India and Russia and work towards a more balanced trade relationship. Highlighting key sectors with strong potential for Indian exports,…
New Delhi, Dec 3 (UNI) The Indian rupee extended its sharp decline on Wednesday, breaching Rs 90 per dollar mark for the first time and touching a fresh lifetime low in early trade. On Wednesday, the currency opened weaker and slipped continuously as strong demand for dollars and persistent foreign fund outflows continued to dominate…
