Mumbai, Dec 6 (IANS) The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings.
Mumbai, Dec 6 (IANS) More than 3 lakh homes worth Rs 510,000 crore across 485 million square feet are expected to be sold by the end of this year, according to a new report.
Mumbai, Dec 6 (IANS) As the dust seems to have settled around Adani Group bonds after the recent US-related developments, global brokerage JP Morgan has said that Adani bond portfolio's liquidity is stable, giving an Overweight (OW) rating on four bonds of the Adani Group firms.
Mumbai, Dec 6 (IANS) The RBI has decided to constitute a committee to develop a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial sector, RBI Governor Shaktikanta Das announced here on Friday.
New Delhi, Dec 6 (IANS) The production-linked incentive (PLI) for the food processing industry has generated employment of more than 2.89 lakh (as of October 31), the government said on Friday.
New Delhi, Dec 6 (IANS) The Reserve Bank has scaled down its forecast for India’s GDP growth for 2024-25 to 6.6 per cent from 7.2 per cent earlier, RBI Governor Shaktikanta Das announced on Friday.
New Delhi, Dec 6 (IANS) The RBI’s decision to cut the cash reserve ratio (CRR) by 50 bps would help support growth, after the revision in the GDP forecast for FY25, industry experts said on Friday.
Mumbai, Dec 6 (IANS) The Reserve Bank of India (RBI) on Friday slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to make more funds available for lending to spur economic growth, but kept the key policy repo rate unchanged at 6.5 per cent with an eye on inflation.
New Delhi, Dec 6 (IANS) Over 30.43 crore unorganised workers have registered on the government's eShram portal (as of December 1), the Parliament was informed.
New Delhi, Dec 6 (IANS) The food processing sector in India received foreign direct investment (FDI) worth $368.37 million this fiscal (till September), the Parliament was informed.
