Get ready for a Diwali delight like no other! Bankers across the nation are preparing to make this festive season extra sweet.

Many state-run banks are planning to celebrate Diwali by announcing a special payout to cover the expenses associated with buying and gifting confectionaries, which is a customary practice during the festival. Diwali 2023 is scheduled to fall on Sunday, November 12. It is worth noting that specific details regarding the special payout and its implementation […]

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“Bank stocks take a dip, but IT’s on the rise – Sensex drops 200, what’s the surprise?”

Inflation in India, as measured by the Consumer Price Index (CPI), spiked to a 15-month high of 7.44% in July 2023. This surge was driven by elevated food and vegetable prices. Notably, the July CPI reading exceeded the Reserve Bank of India’s upper tolerance limit of 6%, marking the first time it crossed this threshold […]

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