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Household consumption to surge in Q2 as inflation eases, rural demand revives

Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…

ANI   


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1 min read

Union Finance Minister Nirmala Sitharaman reviews performance of RRBs in North East

Union Finance Minister Nirmala Sitharaman chaired a meeting to review the performance of 7 Regional…

ANI   


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3 mins read

Indian economy relatively slowed in Q1-FY25, here's what experts have to say

The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…

ANI   


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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

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India accounts for nearly half of the global digital payments, highlights RBI report

India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…

ANI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank

The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …

PTI   


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Unemployment rate of tribals declines to 1.8% in 2022-23 from 5.3% in 2017-18

The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.…

ANI   


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As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?

The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…

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3 mins read

Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

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SBI Q1 profit jumps over two-fold to Rs 16,884 cr

The country's biggest bank SBI on Friday posted over two-fold jump in standalone net profit at Rs 1…

PTI   


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Indian economy remains in bright spot: Ministry of Finance

In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…

ANI