Indian Economy - Angel One - Page 404

The gap between credit and deposit growth in India’s banking sector is expected to shrink significantly to 80 basis points (bps) in FY26, down from an average of 386 bps recorded between FY22 and Q3FY25, according to India Ratings. Loan Deposit Ratio (LDR) to Moderate The incremental Loan Deposit Ratio (LDR) of banks is expected …

Chhattisgarh plans to double its gross domestic product to ₹10 lakh crore in the next 5 years. By combining its rich natural resources with future-oriented policies, the government is targeting a 14% growth rate (which includes inflation). Investments and Industrial Growth  The government is focusing on developing sectors such as medical tourism, semiconductors, IT, pharmaceuticals, …

New Delhi, Mar 17 (PTI) Banks have written off non-performing assets (NPAs) or bad loans worth about Rs 16.35 lakh crore in last 10 financial years, Parliament was informed on Monday. Highest amount of Rs 2,36,265 crore was written off during financial year 2018-19 while NPAs worth Rs 58,786 crore were written off in 2014-15, …

Shimla, Mar 17 (PTI) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday presented the annual Budget for the year 2025-26 and said the state government will focus on promoting religious and eco tourism besides exploring lesser-known tourist destinations. While presenting his third annual Budget for FY26, Sukhu said the year 2025-26 is full of …

The Indian real estate sector is experiencing rapid growth due to rising demand for commercial, residential, and mixed-use developments. According to a JLL India study, companies spent ₹62,328 crore on developing new projects in 2024-25. In the coming years, the RBI’s reduction in policy rates and the introduction of new fiscal incentives for the middle …

The continuous surge in gold prices has pushed the precious metal above the significant $3,000 per ounce threshold for the first time on March 14, 2025, driven by geopolitical and economic instability that has prompted investors to flock to the safe-haven asset. On Friday, March 14, 2025, spot gold reached a historic $3,004.86 per ounce, …

The Reserve Bank of India (RBI) announced that the redemption price for the final maturity of Sovereign Gold Bonds (SGBs) due on March 17, 2025, will be ₹8,624 per unit. “This price is determined based on the simple average of the closing gold price for the week of March 10-13, 2025,” the RBI stated. The …

The Ministry of Education and the Government of India introduced the APAAR ID card in line with the National Education Policy (NEP) 2020, aiming to assign unique identification numbers to school students across India. Known as the ‘One Nation One Student ID Card,’. Is APAAR ID Compulsory? According to the government, the APAAR ID is …

The 8th Pay Commission, approved by the Union Cabinet, is set to bring major salary and pension revisions for central government employees.  Expected to come into effect on January 1, 2026, the commission will recommend changes in pay scales, allowances, and retirement benefits, impacting nearly 50 lakh employees and 65 lakh pensioners across various government …

Gold has long been a symbol of wealth and security, making it one of the most sought-after commodities worldwide. Many gold buyers often compare prices across different countries to get the best deal. One city that consistently attracts gold buyers is Dubai, known for its tax-free gold market and competitive pricing. But why is gold …