Power Finance Corporation Faces Scrutiny Over Massive Loan To Shapoorji Pallonji Group
Independent directors question why PFC, which typically does not finance infrastructure businesses, sanctioned this loan
India’s Equity Indices Drop After RBI Governor’s Monetary Policy Outlook
India's equity indices closed lower on Thursday after the RBI governor's outlook in the latest monetary policy announcement.
RBI Proposes More Frequent Credit Reporting To Improve Transparency
RBI is considering a proposal to increase the frequency of credit information reporting to CICs to every two weeks or even shorter intervals.
RBI Boosts UPI Tax Payment Limit To Rs 5 Lakh, Introduces New Payment Feature
The Reserve Bank of India (RBI) has announced a substantial increase in the limit for tax payments via the Unified Payments Interface (UPI).
RBI To Create Open Database Of Online Lending Apps To Curb Scams
To tackle issues with unauthorized online lending apps (DLAs), the Reserve Bank of India (RBI) will create a public repository.
RBI Plans Major Overhaul To Speed Up Cheque Clearing Process
RBI is set to significantly accelerate cheque clearing times, with plans to reduce the process to just a few hours.
Elon Musk Sounds Alarm On Accelerating Global Population Decline
Elon Musk has once again highlighted the urgent issue of global population decline, citing alarming trends observed in recent data.
Rising Urban, Rural Demand To Take GDP To 7.2 PC: RBI Forecasts
India’s economy is showing strong growth 7.2 in GDP, supported by investment demand, steady urban consumption, and rising rural consumption, according to RBI Governor Shaktikanta Das.
RBI Maintains Repo Rate At 6.5% Amid Balancing Act Between Growth & Inflation
In a move to sustain economic growth while keeping inflation in check, the RBI opted to maintain the key policy repo rate at 6.5%.
Indian Equity Indices Dip Ahead Of RBI MPC Announcement
Indian stock markets opened cautiously Thursday, with equity indices trending downward as investors awaited the RBI MPC decisions.
