Bharat Express

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. 

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.

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.

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.

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

In Asian markets, Singapore, South Korea, Malaysia, Tokyo, and Thailand were trading higher, while Shanghai, Hong Kong, Indonesia, and Taiwan were trading lower

The RBI has repatriated around 100 tonnes of its gold reserves from the United Kingdom to its own vaults in India.

The projection is cited to enhance activities in real estate, renewable energy, and semiconductors among other sectors.

In Asian markets, Singapore, Tokyo, Malaysia, Indonesia, and Taiwan concluded higher, while South Korea, Thailand, Shanghai, and Hong Kong closed lower

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.