Govt Bonds Worth Rs 30,000 Crore To Come Up For Auction On April 12
The government will have the option to retain additional subscriptions up to Rs 2,000 crore against each of these securities.
Apr 08, 2024, 19:58 PM IST
Chocolate Lovers Beware: Amul Eyes Price Hike Amid Cocoa Price Surge
Amul in India is considering raising prices for its chocolate range by 10% to 20%.
Apr 08, 2024, 18:03 PM IST
Big Setback For States Providing Free Electricity? Power Minister Warns Of Debt Trap
However, states with already high debt are resorting to such populist measures.
Apr 07, 2024, 14:37 PM IST
India's Food Processing Sector Poised To Reach USD 535 Billion By 2025-26
Praveen also addressed the pressing issue of food wastage, emphasising the need for comprehensive waste management strategies at every stage, from farm to fork.
Apr 07, 2024, 12:39 PM IST
FPIs Withdraw Rs 325 Crore From Indian Equities So Far In April
FPIs have made a net investment of Rs 1,215 crore in the debt market during the period under review.
Apr 07, 2024, 11:26 AM IST
Oil Prices Hit 6-Month High, Sparking Inflation Worries And Economic Uncertainty
The global standard, Brent crude, hasn't reached these levels since October, primarily due to increasing tensions in the volatile Middle East.
Apr 06, 2024, 14:38 PM IST
India's Reserve Bank Leads Surge In Gold Reserves Amid Global Central Bank Slowdown
While India remains a significant player in the global gold market, other central banks also contributed to the accumulation in February.
Apr 06, 2024, 12:38 PM IST
Veg Thali Becomes Expensive In March, Non-Veg Cheaper: Check Rates
The report disclosed that the price of a vegetable thali rose to Rs 27.3 per plate in March.
Apr 06, 2024, 12:35 PM IST
RBI Cancels Registration Of Four Non-Banking Financial Companies
According to an RBI release, this penalty has been imposed in the exercise of powers vested in RBI under the Banking Regulation Act, of 1949.
Apr 05, 2024, 20:40 PM IST
India To Stop Importing Urea By 2025 End: Mansukh Mandaviya
The minister highlighted that the government has revived four closed urea plants and is reviving one another factory.
Apr 05, 2024, 14:11 PM IST
RBI To Soon Launch App To Enable Retail Investors To Participate In Govt Bonds
RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities.
Apr 05, 2024, 12:21 PM IST
RBI To Launch New NRI Scheme For Sovereign Green Bonds In IFSC
RBI would launch a mobile app for accessing the Retail Direct portal to widen the reach of the RBI Retail Direct Scheme which was launched in November 2021.
Apr 05, 2024, 12:19 PM IST
RBI Projects GDP Growth At 7% For 2024-25, Retail Inflation Seen At 4.5%
Announcing the outcome of the RBI Monetary Policy, RBI Governor Shaktikanta Das said, "Growth has continued to sustain its momentum, surpassing all projections.
Apr 05, 2024, 11:41 AM IST
RBI Maintains Status Quo For The 7th Time; Repo Rates Unchanged At 6.5%
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
Apr 05, 2024, 10:06 AM IST
Rupee Rises 11 Paise To 83.42 Against US Dollar In Early Trade
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 104.19.
Apr 04, 2024, 11:49 AM IST
World Bank Raises India's GDP Growth Forecast To 7.5% For 2023-24
The World Bank has raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia.
Apr 03, 2024, 10:07 AM IST
SBI Forecasts 15% Growth In Deposits For FY25; Expects RBI Rate Cut Only In Q3FY25
RBI's Monetary Policy Committee (MPC) meeting is scheduled from April 3-April 5.
Apr 02, 2024, 12:17 PM IST
97.69 Pc Of Rs 2000 Currency Notes Returned: RBI
Public and private entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30, 2023.
Apr 01, 2024, 20:10 PM IST
GST Collections Creates Another Record With Rs 1.78 Lakh Crore-Mark In March
The Ministry of Finance stated that the increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country
Apr 01, 2024, 18:49 PM IST
PM Lauds RBI, Says India Must Become Financially 'Atmanirbhar' In 10 Years
PM Modi said that the country's economy has risen in the last few years from the inherited mess of 2014 when the BJP government took office and is now poised for take-off.
Apr 01, 2024, 14:23 PM IST
