India’s Economy Set For 7.2% GDP Growth In 2024-25, Says RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das announced India’s GDP growth is set at 7.2% for 2024-25, fueled by rising consumption and investment.
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 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.
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%.
RBI Grants Central Government Record Dividend Of Rs 2.11 Lakh Crore
The Reserve Bank of India (RBI) has approved a historic transfer of Rs 2,10,874 crore as surplus to the Central government for the accounting year 2023-24.
G20 Recognises Risk Attached, Agrees To Discuss IMF-FSB Paper On Crypto Assets In Upcoming Meetings
India hopes to broaden the G20 discussion on crypto assets beyond financial integrity concerns and capture the macroeconomic implications and widespread crypto adoption in the economy