Rating agency Fitch has said that the gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4% by March 2025. It may further drop by 20 basis points in the next financial year, it added.
The Union Health Ministry on Wednesday disclosed that the number of malaria cases in India have declined by over 97 per cent.
The national capital saw a drop in crime against women, thanks to the comprehensive set of measures initiated by the Delhi Police to reduce crimes against women through a combination of technology and conventional methods.
India's retail inflation in November was recorded at 5.48%, compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation said.
As per the data released by the Society of Indian Automobile Manufacturers (SIAM), this follows a 2.5 pc decline in July 2024, marking a slowdown after the segment grew by 3% in the first quarter (April-June) of FY24.
As per the data shared by the ministry, India’s recovery rate stands at 98.59% with 9680 patients having recovered in the last 24 hours taking the cumulative tally of recovered patients to 4,37,33,624.
Earlier this week, a Bloomberg report stated that the Indian government is planning to ban Chinese phones under Rs 12,000 in the country.
Coal imports grew at a compound annual growth rate (CAGR) of 22.86% during the period 2009-10 to 2013-14. At this CAGR, coal imports would have reached 705 MT in 2020-21 and further to 866 MT in 2021-22. The import of coal could be checked only by sustaining increased domestic supply over the years.
Following a complaint from the National Restaurant Association of India (NRAI), the CCI said that it is of the view that there exists a prima facie case with respect to some of the conduct of Zomato and Swiggy, "which requires an investigation by the Director General (DG), to determine whether the conduct of platforms have resulted in contravention of the provisions".
However, with the addition of 1,192 new fatalities in the past 24 hours, the COVID death toll in the country climbed to 4,96,242.
