Rupee Appreciated by 8 Paise, to INR 83.44 Against the US Dollar
The Indian rupee’s value against the US dollar increased by 8 paise to 83.44 in early trade on Thursday. This happened because the US dollar’s...
Category : ECONOMY
RBI Proposed New Rules For Projects Funded Via Project Finance
The Reserve Bank of India (RBI) has proposed new rules for lending to projects that are still under construction. These new norms will help the...
GST on Corporate Guarantees Temporily Ceased for Holding Companies in India
The Punjab & Haryana High Court has temporarily stopped a circular that made corporate guarantees subject to Goods and Services Tax (GST). This is good...
India Allowed the Export of Non-Basmati White Rice to Mauritius Through National Cooperative Exports
The Indian government has permitted the export of 14,000 tonnes of non-basmati white rice to Mauritius, according to an official notification. The exports are allowed...
First RBI MPC Meeting in 2024: Repo Rate Unchanged at 6.5%, Real GDP Growth in FY25 Projected at 7%
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5%, in line with widespread expectations. This decision came...
Budget 2024 Railway Updates: Rs 2.55 Lakh Crore Capex, 3 new Corridors, 40,000 bogies to be upgraded
Under the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on February 1, 2024, at 11 am in the Parliament, three economic railway corridors...
Interim Budget 2024 Live Updates
Union Finance Minister Nirmala Sitharaman delivered the Interim Budget 2024-25 at the Parliament at 11 am on February 1, 2024. The newly-elected government will present...
US Fed Keeps Benchmark Rate Unchanged, Signals Cool Down in Hike Cycle
The United States Federal Reserve held its key interest rate steady for the third straight time. The Federal Open Market Committee voted unanimously to keep...
RBI Concludes MPC Meet, Repo Rate Remains Unchanged at 6.5% for 5th Time in a Row
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) concluded its bi-monthly meeting on December 8, keeping its key interest rate unchanged for the...
RBI Modifies Norms for Classification, Valuation of Banks’ Investment Portfolios
On Tuesday, September 12, the Reserve Bank of India (RBI) issued revised norms for the classification, valuation, and operation of investment portfolios of commercial banks....