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IndiaTV Business: Google News Feed: Digest for November 14, 2022

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Table of Contents

Elon Musk's new warning for 'parody' accounts, says this

Monday 07 November 2022 01:43 AM UTC+00
Tesla CEO Elon Musk on Sunday said that any account on Twitter that impersonates another will be permanently suspended from the social media platform. The development was seen after some celebrities were seen changing their Twitter display names while tweeting their reaction to the billionaire's decision to offer verified accounts to all comers for $8 month. 
Nearly 30 IndiGo aircraft have been grounded as the country's largest airline evaluates wet leasing of planes and other options to boost operations.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.

Elon Musk's new warning for 'parody' accounts, says this

Monday 07 November 2022 01:43 AM UTC+00
Tesla CEO Elon Musk on Sunday said that any account on Twitter that impersonates another will be permanently suspended from the social media platform. The development was seen after some celebrities were seen changing their Twitter display names while tweeting their reaction to the billionaire's decision to offer verified accounts to all comers for $8 month. 
Nearly 30 IndiGo aircraft have been grounded as the country's largest airline evaluates wet leasing of planes and other options to boost operations.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.

Elon Musk's new warning for 'parody' accounts, says this

Monday 07 November 2022 01:43 AM UTC+00
Tesla CEO Elon Musk on Sunday said that any account on Twitter that impersonates another will be permanently suspended from the social media platform. The development was seen after some celebrities were seen changing their Twitter display names while tweeting their reaction to the billionaire's decision to offer verified accounts to all comers for $8 month. 
Nearly 30 IndiGo aircraft have been grounded as the country's largest airline evaluates wet leasing of planes and other options to boost operations.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.

Elon Musk's new warning for 'parody' accounts, says this

Monday 07 November 2022 01:43 AM UTC+00
Tesla CEO Elon Musk on Sunday said that any account on Twitter that impersonates another will be permanently suspended from the social media platform. The development was seen after some celebrities were seen changing their Twitter display names while tweeting their reaction to the billionaire's decision to offer verified accounts to all comers for $8 month. 
Nearly 30 IndiGo aircraft have been grounded as the country's largest airline evaluates wet leasing of planes and other options to boost operations.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Nearly 30 IndiGo aircraft have been grounded as the country's largest airline evaluates wet leasing of planes and other options to boost operations.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
The ICCI (Inventivepreneur Chamber of Commerce and Industry) hosted the Indian-Belarusian Investment and Business Conclave 2022 in New Delhi on November 9.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
The ICCI (Inventivepreneur Chamber of Commerce and Industry) hosted the Indian-Belarusian Investment and Business Conclave 2022 in New Delhi on November 9.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
The ICCI (Inventivepreneur Chamber of Commerce and Industry) hosted the Indian-Belarusian Investment and Business Conclave 2022 in New Delhi on November 9.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
The ICCI (Inventivepreneur Chamber of Commerce and Industry) hosted the Indian-Belarusian Investment and Business Conclave 2022 in New Delhi on November 9.
Amidst liquidity tightening and decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides.
6 years of Demonetisation: On November 8, six years ago, Prime Minister Narendra Modi announced the demonetisation of old Rs 1,000 and Rs 500 banknotes and one of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding. As per a Reserve Bank data, currency with the public has jumped to a new high of Rs 30.88 lakh crore on October 21, indicating that cash usage is still substantial even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight that ended November 4, 2016.
Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Twitter CEO Elon Musk's net worth dropped below $200 billion as investors dumped Tesla Inc (TSLA.O) shares on fears the top executive and largest shareholder of the world's most valuable electric-vehicle maker is more preoccupied with Twitter, ANI quoted Reuters as saying.
Tata Motors Share Price: Shares of Tata Motors on Thursday fell by 4. 6 per cent in morning trade on bourses, a day after the company reported a net loss of Rs 898 crore for the second quarter ended September 30, 2022. The results were announced post market hours on Wednesday.

NSE alerts investors against guaranteed returns investment plans

Thursday 10 November 2022 11:22 AM UTC+00
The National Stock Exchange (NSE) on Thursday warned investors not to fall prey to investment schemes with assured returns offered by Sameer Gulabrao Thite associated with Samsan Unitrade.

Moody's cuts India's economic growth projections to 7% for 2022

Friday 11 November 2022 07:35 AM UTC+00
Moody's on Friday slashed India's GDP growth projections for 2022 to 7 per cent from 7.7 per cent earlier as the global slowdown and rising domestic interest rates will dampen economic momentum. 
Inflation rate in India: Terming price rise as a major challenge, Reserve Bank of India (RBI) Governor Shaktikanta Das today (November 12) expressed hope that the inflation print for October month will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent from 7 per cent in August month on higher food and energy costs.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during the second quarter of 2022-23. The Pune-headquartered lender recorded a 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published quarterly numbers of public sector banks (PSBs).
The ICCI (Inventivepreneur Chamber of Commerce and Industry) hosted the Indian-Belarusian Investment and Business Conclave 2022 in New Delhi on November 9.
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