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Economic policies in India made for ‘Bombay club’, says RJD MP

New Delhi, Mar 27 (PTI) Economic policies in the country are not made for the people but for the “Bombay club”, Rashtriya Janata Dal (RJD) MP A D Singh said in the Rajya Sabha on Thursday, adding that the situation was the same under the previous government led by the Congress as well. Participating in a debate on the Finance Bill, Singh quoted a report of the World Bank from 2024, and said India’s economic growth has slowed down, and at current pace, it may take 75 years to reach one quarter of per capita income of the US. He

School enrollments drop in last 2 years: Govt data

New Delhi, Mar 27 (PTI) The country has reported a worrying drop in school enrollments in 2023-24, especially at the elementary level where numbers declined by around eight percentage points compared to 2021-22, according to government data presented in Parliament on Thursday. Replying to a question on the living standards of tribal people, Union Minister of State for Tribal Affairs Durgadas Uikey told Lok Sabha that the gross enrollment ratio of tribal students at the elementary level declined from 103.4 per cent in 2021-22 to 97.1 per cent in 2023-24. In comparison, the GER of students from all communities dropped

Gold rises Rs 365 to reclaim Rs 91, 000/10 gram-mark

New Delhi, Mar 27 (PTI) Gold prices increased by Rs 365 to Rs 91,050 per 10 grams in the national capital on Thursday amid a strong trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 90,685 per 10 grams on Wednesday. Gold of 99.5 per cent purity also rose by Rs 365 to Rs 90,600 per 10 grams against the previous close of Rs 90,235 per 10 grams. “Gold maintains its gains as the global risk sentiment has been increased, following the new auto tariffs

Banks’ loan growth slows for eighth straight month in February, RBI data shows

MUMBAI, March 27 (Reuters) – Loan growth at banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India. The data showed that banks’ credit increased by 12% year-on-year last month, slower than the 16.6% rise a year earlier, excluding the impact of HDFC Bank’s merger with parent Housing Development Finance Corp. Including the merger impact, loans grew 11% in February, compared with 20.5% in the year-ago period. The loan growth rate slowed to 12.5% in January,

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