India's extreme poverty rate fell from 27.1% in 2012 to 5.3% in 2022, lifting 269 million out of poverty. In contrast, Pakistan's extreme poverty rose from 4.9% in 2017 to 16.5% in 2021, with ...

This story has been updated with new information. Louisville Metro Police arrested a man in connection to a June 10 bank robbery in the Hikes Point neighborhood. Bryan Stevenson, 36, faces a ...

ADJUSTMENTS AT HDFC BANK. In a parallel move, HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across various tenures. These changes, ...

Bank of America Corp. has picked Satish Arcot, a JPMorgan Chase & Co. banker, to head its capital markets business in India as it rebuilds the domestic investment banking team, according to people ...

Several regions across India will see bank closures on Saturday, June 7, 2025, in observance of Bakrid, as per the Reserve Bank of India’s official holiday calendar. While the first Saturday of the ...

The paintings are set to go up for auction for the first time on 12 June in India's financial capital, Mumbai.

India Lifted 171 Million From Extreme Poverty The World Bank recently said that India has lifted 171 million people from extreme poverty in the decade between 2011-12 and 2022-23.

The Reserve Bank of India (RBI) lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5 per cent. A majority of analysts had expected a 25-point ...

MUMBAI -- The Reserve Bank of India cut its key policy rate on Friday by an unexpectedly sharp 50 basis points to 5.5%, its lowest level in nearly three years, as tepid inflation allowed the bank ...

The Reserve Bank of India’s six-member monetary policy committee, headed by Governor Sanjay Malhotra, voted five to one to lower the benchmark repurchase rate by 50 basis points to 5.5%. State Bank of ...

Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon. However, the stock later ...