RBI Lays Out Criteria For Small Finance Banks To Achieve Universal Banks License
The bank intending to transit must have their shares listed on a recognized stock exchange.
Apr 27, 2024, 11:29 AM IST
India's Forex Reserves Dip By $2.83 Billion To $640.3 Billion
Market analysts attribute the decline in foreign currency assets to the RBI actively releasing dollars in the market to curb the volatility in the rupee.
Apr 26, 2024, 19:53 PM IST
10 Things About PM-KUSUM Scheme And How It Is Empowering Indian Farmers
The main objectives of the PM KUSUM Scheme include to de-dieselize the farm sector, to provide energy and water security to farmers and enhance their income, and reduce environmental pollution.
Apr 26, 2024, 10:36 AM IST
RBI Lists 6 Factors Powering India’s Take-off To Become World’s 3rd Largest Economy
According to the RBI bulletin, the “tailwinds likely to power India’s take-off” are as follows:
Apr 24, 2024, 10:43 AM IST
RBI Sees India's GDP Growth Trend Surging Past 7%
It also points out that the global growth momentum has been sustained in the first quarter of 2024 and the outlook for global trade is turning positive.
Apr 23, 2024, 18:27 PM IST
CCI Invites Proposal For Launching Market Study On Artificial Intelligence And Competition In India
The proposed study will be a knowledge building exercise to develop an in-depth understanding of the emerging competition dynamics in the development ecosystems of AI systems and implications of AI
Apr 23, 2024, 13:14 PM IST
Govt Oil Companies Conducts Free Safety Checks For All LPG Connections
During this inspection, the delivery man will also check all the gas equipment so that there is no possibility of any kind of leakage.
Apr 21, 2024, 17:16 PM IST
Global Oil Prices Rise Amid Increasing Middle East Conflict
India imports over 85 per cent of its crude oil requirement and a substantial spike in global oil prices could raise the country’s oil import bill.
Apr 19, 2024, 14:31 PM IST
What Will Be The Impact Of Iran-Israel Conflict On Indian Economy? Expert Highlights 5 Potential Impact
On Saturday, Iran launched several drones and missiles towards Israel in retaliation for an alleged Israeli air strike on its consulate in Syria, resulting in the killing of three top Iranian
Apr 19, 2024, 09:38 AM IST
IMF Backs Modi Government's Economic Policies; Expects India To Rev Up Global Growth As China Falters
The IMF’s World Economic Outlook report, released on Tuesday, has not only raised India's growth forecast by 0.3 percentage points to 6.8 per cent for 2024-25 but also sees the country as a bright
Apr 18, 2024, 08:33 AM IST
Uttar Pradesh now has the most GI-Tagged items in India
Uttar Pradesh has total of 75 GI products while Tamil Nadu follows behind with 58 GI products.
Apr 17, 2024, 10:24 AM IST
Morgan Stanley Does Not Expect RBI To Go For A Rate Cut In 2024-25
India's key policy rate is expected to be steady at 6.5 per cent in 2024-25 while real rates should average 200 basis points, according to Morgan Stanley.
Apr 16, 2024, 15:10 PM IST
India Allows 10,000 Tonnes Of Onion Export To Sri Lanka, UAE
This brings the total amount of approved onion exports from India to 79,160 tonnes, surpassing the ban on shipments imposed in December 2023.
Apr 16, 2024, 13:23 PM IST
Banks Must Provide Simple Key Facts Statement To Borrowers On Terms Of Loans: RBI
The RBI has decided to harmonise all instructions on KFS and disclosure of the Annual Percentage Rate (APR).
Apr 15, 2024, 21:07 PM IST
Wholesale Inflation Inches Up Marginally To 0.53 Pc In March
However, retail inflation declined to a five-month low of 4.85 per cent in March mainly due to cooling food prices.
Apr 15, 2024, 15:02 PM IST
FPIs Infuse Over Rs 13,300 Crore In Equities In April So Far Amidst Bullish Economic Outlook
According to the data with the depositories, FPIs made a net investment of Rs 13,347 crore in Indian equities this month (till April 12).
Apr 14, 2024, 12:12 PM IST
Govt Simplifies Payment Mechanism For Traders Importing Pulses From Myanmar
The ministry stated that the Indian Mission informed the secretary that starting from January 25 of this year, the Rupee/Kyat Settlement Mechanism has been put into operation.
Apr 13, 2024, 13:46 PM IST
India's Retail Inflation Hits 10-Month Low At 4.85% In March
March witnessed a decrease in food inflation to 8.52 per cent, down from 8.66 percent in February.
Apr 12, 2024, 20:21 PM IST
16th Finance Commission Announces Bumper Job Opening; Salary Upto Rs 1.75 Lakh Per Month --Check Details
The consultants are classified into three categories/grades. Eligible candidates must possess Master's or MBA degree in or with Economics or Finance or similar subjects or ICWA or CA as their
Apr 12, 2024, 17:18 PM IST
India's UPI Transactions Way More Than US Digital Payments: S Jaishankar
The Reserve Bank of India (RBI) proposed enabling users to deposit cash in cash deposit machines (CDMs) through UPI.
Apr 11, 2024, 14:01 PM IST
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