Tue, Feb 6, 2024 8:15 PM
Rising quantum of funds parked in SDF may prompt RBI to conduct more VRRR
A Flip by Shubhangi Gupta
Partha Pratim Sengupta has taken charge as the new MD & CEO of Bandhan Bank, with Ratan Kumar Kesh resuming his role as executive director and COO. Sengupta has a proven track record, having held positions at State Bank of India and Indian Overseas Bank, and aims to drive growth and deliver value for all stakeholders.
Open Flip
India's power consumption rose marginally by about one percent to 140.47 billion units (BU) in October compared to a year ago, mainly due to heavier base effect. In the year-ago period, the power consumption grew by over 22 percent to 139.44 BU from 113.94 BU in October 2022.The highest supply in a day (peak power demand met) dipped to 219.22 GW in October 2024.
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Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for a sharp correction during the last trading session.
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