The United Nations has revised the growth outlook for India for 2024 and expects the economy to expand by nearly 7 percent. The World Economic Situation and Prospects (WESP) report…
Moody’s Analytics pegs the Indian economic growth to slow down to 6.1% for the calendar year 2024 (CY24), a falloff from 7.7% in CY23, on the foot of sluggish recovery…
The Reserve Bank of India (RBI) has imposed further restrictions on Paytm Payments Bank Limited (PPBL), effectively freezing its ability to accept new deposits, top-ups, and offer key banking services…
In a move to strengthen governance and succession planning in private banks, the Reserve Bank of India (RBI) on Wednesday has mandated that they have at least two Whole-Time Directors…
Shaktikanta Das, governor of the RBI, stated on Friday that despite a hostile and uncertain international environment, India’s economy continues to remain resilient, drawing strength from its macroeconomic fundamentals. Das…
RBI Governor Shaktikanta Das on Wednesday said that the e-rupee launch was a landmark moment in the history of currency in the country as it will transform the way business…
Finance Minister Nirmala Sitharaman chaired a meeting on Thursday to discuss the various issues related to ‘illegal loan apps’ which do not fall under purview of the regular banking channels.…
The Reserve Bank of India (RBI) announced increasing its lending rate by 50 basis points to 5.40 percent on Friday. RBI has increased the interest rate for a third consecutive…
India’s apex bank is on the path to bringing ease to prices, but the retail inflation rate is likely to remain above the upper limit of the mandated target band…
India’s current account deficit (CAD) ebbed to $13.4 billion in January-March 2022 as against $22.2 billion in October-December 2021, according to Balance of Payment data released by the Reserve Bank…
