account

  1. From deficit to surplus, India's current account records surplus of US$5.7 billion

    In New Delhi [India], India's current account balance recorded a surplus of $5.7 billion, equivalent to 0.6 percent of GDP, in the fourth quarter of the 2023-24 financial year, the Bank said on Monday. of the Indian Reserve.The data shows a significant change from the previous quarter, when...
  2. India records 0.6 percent current account surplus in March quarter on higher services exports, remittances

    Mumbai, India, posted a current account surplus of $5.7 billion or 0.6 percent of GDP in the March quarter, the Reserve Bank of India said on Monday.In the same period last year, the current account deficit stood at $1.3 billion or 0.2 percent of GDP, and the same was $8.7 billion or 1 percent...
  3. India's CAD declines to 0.7 percent of GDP as economy strengthens

    The fall in the current account deficit (CAD) reflects a strengthening of economic fundamentals as India closed the financial year on March 31, with an accumulation of $63.7 billion in foreign exchange reserves.Net receipts of invisibles were higher during 2023-24 than a year ago, primarily...
  4. India records 0.6 per cent current account surplus in March quarter: RBI

    Mumbai, India recorded a current account surplus of US$5.7 billion in the March quarter, or 0.6 per cent of gross domestic product, the Reserve Bank said on Monday.In the year-ago period, the current account deficit stood at US$1.3 billion, or 0.2 percent of GDP, and in the previous quarter...
  5. Razorpay to offer international payments to Indian freelancers export account

    This feature will now allow freelancers to open a 'Smart Account' in any country of their choice and accept payments locally via bank transfers on the Razorpay platform, all without withdrawal fees.The company said it aims to empower more than 15 million Indian freelancers by saving them up to...
  6. Canara Bank's X account compromised, investigation ongoing

    BENGALURU: State-owned Canara Bank on Sunday said its account on social media platform X has been 'compromised'."Canara Bank wishes to inform all concerned that the Bank's official Working closely with X to gain access." said in a statement.“We request users not to post anything on our " Is.
  7. Canara Bank says X handle has been tampered with, work is being done to restore it (Lead)

    The hacker changed the username of the handle to 'ether.fi'.The official account (@canarabank) has around 2.55 lakh followers."Canara Bank wishes to inform all concerned parties that the official X (formerly Twitter) account of the bank has been compromised," the bank said in a statement...
  8. Six arrested for duping a Delhi man of Rs 2.50 lakh in courier fraud

    New Delhi: Six people were arrested for allegedly cheating a man from the national capital of around Rs 2.50 lakh by claiming that an international courier who was being investigated by the Mumbai Police was booked in his name, officials said on Sunday. .The scammers asked him to make the...
  9. Canara Bank's social media account hacked on X

    Currently, Canara Bank's official account (@canarabank) has 2.55 lakh followers. However, the bank has not yet taken action in response.After the account was hacked till 1:30 pm, no new posts have been made on it.In a similar cyber attack on the night of June 17, the social media platform...
  10. ESAF Bank's Dabba Savings A/C campaign shines at Cannes Lions; Promotes financial inclusion

    New Delhi, ESAF Small Finance Bank's Dabba Savings Account campaign has received global recognition and has won a bronze medal under the Sustainable Development Goals category at the Cannes Lions, said K Paul Thomas, its Managing Director.The campaign aims to promote financial inclusion, which...
  11. Palakkad Assembly by-election: BJP looking for candidates after Metro man Sreedharan withdraws

    The by-election in Palakkad is being held due to sitting Congress MLA Shafi Parambil quitting his seat after winning the Vadakara Lok Sabha seat.In his first election, the now 92-year-old Sreedharan gave Parambil a scare in the 2021 assembly elections when he was leading several times during...
  12. Shraddha Kapoor surprises fans with stunning new pictures

    Mumbai (Maharashtra) [India], Actress Shraddha Kapoor, often known for her impeccable style, has once again left her fans in awe with a series of stunning pictures.Shraddha, on Thursday, took to her Instagram account to post a couple of photos in which she looked beautiful.In the pictures...
  13. AI platform orbitshift increases $ 7 million to expand the product footprint

    Orbitshift said it is planning to take advantage of funding to expand its customer base and continue construction for its customers.Prior to this round, Orbitshift had raised a $ 1.5 million east-seed round, leading to $ 8.5 million.“Our AI-first, domain-centered approach has already...
  14. Exclusive Interview with Advocate Anik: Throwing light on cyber crime, victim rights and the path from filing complaint to recovery of money

    PNNNew Delhi [India], June 19: In an interview with Advocate A M Ikter Uddin (Anik), a highly respected lawyer based in Bangalore The partners are the law firm known as Prime Legal, www. primelegal.in. Our aim is to know his extensive experience in the field of law, especially in handling more...
  15. UP: Vigilant bank officials stop fraud of Rs 120 crore, 7 arrested

    According to the police, the fraudsters, posing as AKTU officials, first opened an account in the name of the university in a branch of a nationalized bank, where the university already had an account.Subsequently, he tricked the bank officials into transferring Rs 120 crore in five...
  16. Israel's surplus on current accounts to hit US$6.7 billion starting in 2024

    Tel Aviv [Israel], Israel's Central Bureau of Statistics reported that the current account surplus, net of seasonal effects, in the first quarter (Q1) of 2024 was US$6.7 billion, compared to US$9.3 billion in the previous quarter. ,This decline of US$2.6 billion in the current account is the...
  17. It is too early to change RBI's policy stance; Any kind of adventurism will have to be avoided: Shaktikanta Das

    Mumbai: Reserve Bank of India Governor Shaktikanta Das on Tuesday said it would be 'too early' to change the monetary policy stance and the apex bank would have to avoid a 'bold' approach on the rates front.Speaking at broadcaster ET Now's Leadership Dialogues here, Das said the Reserve Bank...
  18. Lucknow: Police has arrested the cyber gang that defrauded AKT University of Rs 120 crore.

    Lucknow (Uttar Pradesh) [India], Lucknow Police of Uttar Pradesh has busted a cyber gang which had impersonated Dr. A.P.J. Rs 120 crore was defrauded from the account of Abdul Kalam Technical University (AKTU). Bank of India.By creating fake mail ID of AKTU, fraudsters had transferred Rs 120...
  19. Delhi court refuses bail to man accused of fraud

    New Delhi [India], Delhi's Patiala House court recently refused to grant bail to a man accused of defrauding the Customs Department of crores of rupees. It is alleged that Rs 20.9 crore was transferred to the bank account of the accused.This case pertains to an alleged fraud of Rs 40 crore...
  20. Pak: Tomato prices rise by PKR 200 per kg ahead of Eid festival

    Islamabad [Pakistan], The price of tomatoes has soared above PKR 200 per kg in a single day just ahead of Eid al-Adha, while the district government has set a price limit of PKR 100 per kg, reports The Express Tribune. .This annual phenomenon, occurring during Ramadan and Eid al-Adha, is...