RBI balance sheet rises 11 per  cent to `70.47 lakh crore in FY24

RBI balance sheet rises 11 per cent to `70.47 lakh crore in FY24

Friday, 31 May 2024 | PTI | Mumbai

The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore...

Design, analytics, programming top skills for entry level roles: LinkedIn

Thursday, 30 May 2024 | PTI | New Delhi

For fresh graduates looking to enter the job market, skills like design, analytics and programming can open up a wealth of career opportunities, according to the leading professional network LinkedIn. Software Engineer, System Engineer and Programming Analyst are the top jobs for bachelor’s degree holders, as per LinkedIn data. Utilities is the...

S&P upgrades India’s rating outlook to positive on growth, improved Government spending

Thursday, 30 May 2024 | PTI | New Delhi

S&P Global Ratings on Wednesday upgraded India’s sovereign rating outlook to positive from stable while retaining the rating at ‘BBB-’ on robust growth and improved quality of government expenditure. S&P said it could upgrade India’s sovereign rating in the next 2 years if the country adopts a cautious fiscal and monetary...

Adopt regulation plus approach; comply with regulation in letter and spirit: RBI DG to ARCs

Thursday, 30 May 2024 | PTI | Mumbai

Reserve Bank Deputy Governor Swaminathan J has expressed concern over the increasing regulatory violations and warned Asset Reconstruction Companies (ARCs) to ensure compliance without needing the regulator to point out the issues to them. Addressing a conference attended by top management of ARCs in the country on May 17, he said,...

Stock markets fall for fourth day on profit taking

Thursday, 30 May 2024 | PTI | Mumbai

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. It went below...

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