Banks' credit increased by 11.8% year-on-year in November, compared to a 16.5% rise in the same month in 2023, excluding the impact of HDFC Bank's merger with its parent, Housing Development Finance Corp, showed the latest data. Including the impact of the merger, banks' loans grew 10.6% in November, compared with nearly 21% in the year-ago period.
Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Financial Express Chennai.
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Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Financial Express Chennai.
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Israel-Hezbollah Truce Set to Extend Beyond Next Week
The ceasefire agreement that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.
Govt to seek views on making auto expo annual affair
BHARAT MOBILITY GLOBAL Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry views to make it an annual affair.
India's 'year of reforms' in defence
A close engagement between the private industry and govt is critical to achieve a robust policy along with adequate budgetary allocations in 2025
In message to China, Quad talks of open Indo-Pacific
Newly appointed US secretary of state Marco Rubio raised the issue of \"irregular immigration\" in his very first meeting with external affairs minister S Jaishankar in Washington DC on Wednesday.
Stargate: A Wake-Up Call for India to Act Fast on AI Autonomy
US President Donald Trump's announcement of the $500-billion Stargate project to build AI infrastructure is, experts say, a wake-up call for India to urgently advance its efforts toward achieving self-reliance in the artificial intelligence (AI) sector.
Interest rate cut will spur demand for home loans
An interest rate cut will spur demand for home loans, Girish Kousgi, managing director and CEO, PNB Housing Finance, tells Anupreksha Jain.
Court Acquits Khaleda Zia in 10-Year-Old Sabotage Case
A court in Bangladesh acquitted BNP Chairperson and former prime minister Khaleda Zia on Wednesday in a sabotage case filed in the southeastern Cumilla district 10 years ago.
HUL profit rises by 19.5% on Pureit sale
THE NET PROFIT (excluding the exceptional item) stood at ₹2,492 crore, down 1.07% compared to last year.
H-1Bs fill key skills gap: Nasscom
REDUCING RELIANCE
Food, fertiliser and LPG subsidies may be raised
The government is likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore in the next fiscal year, sources said, a moderate 8% year-on-year increase to cover higher food and energy costs.
