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INDIA NATIONAL ACCOUNTS IMF RATING
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting the Red Sea and the Gulf of Aden, faces growing risks of disruption after Yemen’s...- AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
- Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMFIndia's economic growth faces significant risks from a widening Middle East conflict. Rising oil prices and a potentially weak monsoon pose...
- NRO FD interest rates: Earn up to 6.75%—SBI, HDFC Bank, PNB, ICICI Bank or Axis Bank, which offers the best rate for NRIs?Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive interest rates, with some banks pr...
- Narendra Modi congratulates new UK PM Andy BurnhamCongratulating Andy Burnham on becoming the UK Prime Minister, Prime Minister Narendra Modi underscored the strong democratic links and mul...
- IMF approves $690 million for Ukraine after reviewThe International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2...
- Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency fundsVenezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial su...
- India's toll collection growth slows sharply in April-June quarter despite Rs 21,547 crore revenueIndia's toll collections saw a modest increase in the April-June quarter. However, the pace of growth slowed significantly as toll transact...
- India's forex reserves rise $964 million to $675.16 billion for week ended July 10India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...
- NRIs can bring USD 70-80 bn into India through FCNR deposits: ExpertNon-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...
- FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...
- Public Accounts Committee discusses toll, user charges on highways, construction qualityThe Public Accounts Committee discussed national highway toll levies and construction quality. NHAI and ministry officials briefed the comm...
- NRE FD interest rates up to 6.70%: SBI, HDFC Bank, PNB and more; which bank offers best returns for NRIsNon-Resident Indians can invest foreign earnings in Indian rupees through NRE fixed deposits. These deposits offer tax-exempt interest and ...
- Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
- Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
- IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
- IMF looks forward to engaging with Fed on its review of communications, forward guidanceThe International Monetary Fund anticipates discussions with the Federal Reserve. They will engage on the findings of the Fed's planned rev...
- Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
- IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
- FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
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