Mumbai, Oct 1 (IANS) The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex earnings, to counter growing uncertainties in global trade.
New Delhi, Oct 1 (IANS) Bankers on Wednesday welcomed the Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.5 per cent with a neutral stance, saying the move reflects a balanced approach in supporting growth and ensuring price stability.
New Delhi, Oct 1 (IANS) The Father of the Nation, Mahatma Gandhi, who secured India its political freedom, was far ahead of his time when he said, ‘Sanitation is more important than independence’. For Gandhi, a truly free India was not just politically independent but also socially awakened, where hygiene and dignity walked hand in hand.
New Delhi, Oct 1 (IANS) As the Rashtriya Swayamsevak Sangh (RSS) gears up to mark its centenary year from Vijayadashami 2025 to 2026, Jamal Siddiqui, National President of the BJP Minority Morcha, has written to President Droupadi Murmu, requesting that Dr. Keshav Baliram Hedgewar, the founder of the RSS, be posthumously awarded the Bharat Ratna, India’s highest civilian honour.
New Delhi, Oct 1 (IANS) Prime Minister Narendra Modi on Wednesday participated in the centenary celebrations of the Rashtriya Swayamsevak Sangh (RSS) and said the organisation is the "virtuous incarnation" of an "eternal national consciousness", which has touched every aspect of the nation.
Mumbai, Oct 1 (IANS) The RBI’s monetary policy committee (MPC) on Wednesday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2.6 per cent from 3.1 per cent in August primarily on account of the GST rate cuts and benign food prices.
Mumbai, Oct 1 (IANS) The RBI has raised its projection of India’s GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the external headwinds, Reserve Bank Governor Sanjay Malhotra said on Wednesday.
New Delhi, Oct 1 (IANS) The Navi Mumbai International Airport, set to open next week, is a monument shaped by thousands of hands and hearts, said Gautam Adani, Chairman of the Adani Group, on Wednesday.
Mumbai, Oct 1 (IANS) RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, and stick to the “neutral” policy stance.
New Delhi, Oct 1 (IANS) The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September — with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on Wednesday.
