August 30, 2024 10:52 AM
Indian stock markets opened on a positive note in the final trading session of August, driven by a global rally in stocks following strong GDP numbers from the U.S. economy. The Nifty 50 gained 0.39% to open at 25,249.70, while the BSE Sensex rose 0...
August 21, 2024 1:27 PM
Reserve Bank of India (RBI) Governor Shaktikanta Das has received an "A+" rating in the Global Finance Central Banker Report Cards for the second consecutive year. Prime Minister Narendra Modi congratulated Governor Das for achieving the highest rati...
August 15, 2024 10:31 AM
In his address marking the 78th Independence Day, Prime Minister Narendra Modi praised the reforms in India's banking sector from the ramparts of the Red Fort. He emphasized that these reforms have significantly strengthened the country's banking sys...
August 8, 2024 5:35 PM
The Reserve Bank of India (RBI) has provided major relief to UPI consumers. The central bank has increased the limit for making payments through UPI from Rs 1 lakh to Rs 5 lakh. Addressing the media after the three-day bimonthly Monetary Policy Comm...
August 8, 2024 12:09 PM
The Reserve Bank of India (RBI) announced on Thursday that it will maintain the repo rate at 6.5%, marking the ninth consecutive time the central bank has kept the key interest rate unchanged. The decision reflects the RBI's cautious stance amid ongo...
July 12, 2024 10:29 PM
India's retail inflation rate has broken its recent trend of moderation, climbing above 5% in June 2024, primarily due to rising food prices. This uptick poses fresh challenges for policymakers who have been working to manage inflationary pressures. ...
July 12, 2024 9:08 PM
The Reserve Bank of India (RBI) reported on Friday that for the week ending July 5, the nation's forex reserves surged by $5.158 billion, touching an unprecedented $657.155 billion. This figure surpasses the previous record of $655.817 billion set ju...
July 11, 2024 8:12 PM
Union Minister Piyush Goyal on Thursday praised the Indian government's job creation efforts, citing recent data from the Reserve Bank of India (RBI) that indicates substantial employment growth in the 2023-2024 financial year. According to the RBI ...
July 8, 2024 9:05 PM
The Indian government has strongly refuted a recent Citigroup report on the state of employment in India, calling into question its credibility and methodology. In a statement released Monday, the Ministry of Labour and Employment criticized the repo...
June 10, 2024 10:19 AM
Indian stock indices continued their uptrend from the past week and opened at fresh record highs at the opening bell on Monday, a day after Prime Minister Narendra Modi and his Union Council of Ministers took oath to office. A smooth transition in th...
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