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.
With 19.5 Percent Surge Direct Tax Collection Reaches To Rs 5.74 lakh Cr In 2024-25 So Far
Latest figures compiled by Income Tax Department reveals that India’s net direct tax collection observes a robust surge of 19.5 percent as it reaches to Rs 5.74 lakh as on till July 11 of the current financial year (2024-25) compared to the same period of the previous year. From April 1 to July 11, net …
Banking Sector Achieves Decade-High Performance: RBI
As India is soon to become World's third largest Economy, Deputy Governor of RBI claimed that Indian banking sector is undergoing a decade-high performance in financial metrics.
Indian Economy Sees Surge With 46.6 Million New Jobs In 2023-24: RBI Report
RBI recent data stated that the Indian economy saw a significant upturn in employment during FY 2023-24, with 46.6 million new jobs created.
Govt Announces Sale Of Bonds Worth Rs 28,000 Crore For Sale On July 5
Up to 5 per cent of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
RBI Governor foresees 8 Per Cent GDP Growth For India
India's economic development is still accelerating and may get better in the upcoming months. He also stated that the India is on way to 8 per cent GDP growth.
Sensex, Nifty Close At All-Time Highs As RBI Raises GDP Growth Projections
In Asian markets, Singapore, South Korea, Malaysia, Shanghai, and Thailand closed in positive territory, while Tokyo, Hong Kong, Indonesia, and Taiwan ended in negative territory
Markets Rise In Early Trade Ahead Of RBI’s Monetary Policy Announcement
In Asian markets, Singapore, South Korea, Malaysia, Tokyo, and Thailand were trading higher, while Shanghai, Hong Kong, Indonesia, and Taiwan were trading lower
RBI Transfers 100 Tonnes Of Gold From UK To India To Cut Storage Costs
The RBI has repatriated around 100 tonnes of its gold reserves from the United Kingdom to its own vaults in India.
RBI Projects Real GDP Growth For 2024-25 At 7.0 Percent
The projection is cited to enhance activities in real estate, renewable energy, and semiconductors among other sectors.