Tag: RBI

Economy
bg
Govt keeping PPF interest rate lower than what formula says due to tax benefit

Govt keeping PPF interest rate lower than what formula...

The interest rate on the Public Provident Fund, one of the most popular small savings...

Economy
bg
Interview: Shaktikanta Das good at short-term fixes, says ex-finance secy Subhash Garg

Interview: Shaktikanta Das good at short-term fixes, says...

After the release of his new book 'We Also Make Policy', the former finance secretary...

Montery Policy
bg
RBI Policy | Higher for longer remains relevant not only for the world but also for India, says Indranil Pan

RBI Policy | Higher for longer remains relevant not only...

According to Indranil Pan of YES Bank, the RBI is unlikely to lower the policy rate...

Economy
bg
India, Saudi Arabia to explore trade in local currencies

India, Saudi Arabia to explore trade in local currencies

The two nations have also reached an agreement to hasten the process of negotiating...

Economy
bg
G20 Summit: RBI to launch wholesale CBDC for call market by October

G20 Summit: RBI to launch wholesale CBDC for call market...

The RBI piloted its wholesale central bank digital currency in November. Although...

Economy
bg
India very ambitious about UPI, wants to internationalise it, sources say

India very ambitious about UPI, wants to internationalise...

In the previous year, Indian authorities have aggressively promoted India's digital...

Banking/Finance
bg
RBI allows pre-sanctioned credit lines through UPI

RBI allows pre-sanctioned credit lines through UPI

The Reserve Bank on Monday said the UPI System will also include pre-sanctioned...

Economy
bg
Rupee in gradual descent; targeting 84 over next six months amid dollar strength, says Finrex’s Bhansali

Rupee in gradual descent; targeting 84 over next six months...

The Finrex Treasury Advisors treasury head and executive director suggested allowing...

Montery Policy
Recent inflation surprise pushes out expectation for rate cut into FY25: Indranil Pan

Recent inflation surprise pushes out expectation for rate...

There were no surprises in the policy, and contrary to market expectations, the...

Economy
RBI policy less hawkish, interest rates to remain high for next few months: Unmesh Kulkarni of Julius Baer India

RBI policy less hawkish, interest rates to remain high...

The Reserve Bank of India (RBI) has maintained its stance that it will keep liquidity...

Financial Literacy
RBI’s worry on inflation can impact debt funds. Here is what investors should do

RBI’s worry on inflation can impact debt funds. Here is...

In June 2023, liquid money market funds received substantial net inflows. These...

Economy
Forex reserves drop by $3 billion to $603.87 billion in 2nd consecutive weekly decline

Forex reserves drop by $3 billion to $603.87 billion in...

Foreign currency assets, a major component of reserves, fell $2.416 billion to $535.337...

Economy
MC Explains: How India's crypto fight could bear fruit at G20 Leaders' Summit

MC Explains: How India's crypto fight could bear fruit...

India wants worldwide crypto regulation. While crypto hazards are becoming more...

Industry
Paytm to generate free cash flow by year end: CEO Vijay Shekhar

Paytm to generate free cash flow by year end: CEO Vijay...

When compared to the June 2022 quarter, Paytm's reported revenue from operations...

Economy
India and the UAE will make a plan to settle deals in their own currencies.

India and the UAE will make a plan to settle deals in their...

India's UPI and the UAE's Instant Payment Platform are also linked by an MoU between...

Fiscal Policy
RBI governor stresses on fiscal consolidation

RBI governor stresses on fiscal consolidation

"He emphasized on the need for states to focus on fiscal consolidation, improving...