Tag: RBI

UPI Records 6 Billion Transactions In July, Highest Ever Since 2016

UPI crossed 1 billion transactions for the first time in October 2019,…

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RBI May Be Back To Spot Intervention Following Rupee Slide

Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion…

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Indian Economy Relatively Better Placed Amid Grim Global Scenario: RBI Governor

-"RBI has been supplying US dollars to the market to ensure adequate…

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RBI Wants Govt To Prohibit Cryptocurrencies: Sitharaman Tells Parliament

The RBI mentioned that cryptocurrencies are not a currency because every modern…

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Retail Inflation Eases To 7.04% In May, But Remains Above RBI’s Target Band

Inflation in the food basket was 7.97% in May 2022, marginally lower…

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World Bank Cuts India’s FY23 GDP Forecast To 7.5% Amid Rising Inflation

New Delhi, NFAPost: The World Bank cut its 2022-23 (FY23) realgross domestic…

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RBI Raises Repo Rate To 4.9%; Expects Inflation To Hurt For 3 Quarters

Inflation forecast increased to 6.7% for FY23; GDP forecast retained at 7.2%…

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PM Modi Inaugurates ‘Iconic Week’ Celebrations, Launches Jan Samarth Portal

PM Modi kick-started the "iconic week" celebrated between June 6 and June…

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Policy Tightening To Pressure FY23 Numbers, Deficit Seen At 6.7%: UBS

The government has pegged the combined fiscal shortfall at 9.8 per cent…

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