DD India
February 8, 2024 11:27 AM
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent during its recent meeting. They also forecasted India's GDP growth for the upcoming financial year 2024-25 to be 7 percent. Breaking it down, they anticipate a gr...
February 8, 2024 11:27 AM
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent for the sixth time in a row during its February meeting. The repo rate is the interest rate at which RBI lends money to other banks. RBI Governor Shaktikanta Da...
February 8, 2024 11:19 AM
Reserve Bank of India will announce its bi-monthly policy today amid expectations of a continued pause on the key interest rate. RBI Governor Shaktikanta Das will announce at 10 AM the decisions taken during the 3-day meeting of the Monetary Policy C...
February 6, 2024 11:27 AM
In its latest report, the Organization for Economic Co-operation and Development (OECD) has raised India's growth outlook for the fiscal year 2024-25 (FY25) to 6.2%, up from the earlier estimate of 6.1%. This positive change follows a strong performa...
February 1, 2024 5:46 PM
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop all forms of banking services including accepting deposits and processing of payments within a month. The central bank has put a freeze on all basic transaction services...
January 1, 2024 1:20 PM
The National Payments Corporation of India (NPCI) officially introduced 'UPI for Secondary Market' on Monday, enhancing the ease of equity trading in the country. The initiative, approved by the Securities and Exchange Board of India (SEBI) a...
December 27, 2023 8:51 AM
The Reserve Bank of India (RBI) has released a draft- 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. According to RBI release, the focus of the draft norms is on rationalising the authorisation...
December 19, 2023 12:15 PM
India has witnessed an exceptional surge in Unified Payments Interface (UPI) transactions, reaching a staggering 8,572 crore by December 11, 2023, marking a significant shift towards digital transactions. This growth is part of a larger trend, with U...
December 18, 2023 3:54 PM
In a strategic move to channelize domestic savings into financial instruments, the Government of India has launched the Sovereign Gold Bond Scheme 2023-24 (Series III). Stemming from the inaugural scheme in November 2015 under the Gold Monetisation S...
December 8, 2023 11:40 AM
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announced on Friday its decision to keep the repo rate unchanged at 6.50% after a three-day deliberation. "The standing deposit facility rate remains at 6.25%, and the marginal standi...
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Last updated on: 8th Jun 2025
