Category: Economy

RBI chief says banks, NBFCs in robust health but must stay alert

Mumbai, April 5 (SocialNews.XYZ) RBI Governor Shaktikanta Das said on Friday that the latest data as at end-December 2023 shows…

9 months ago

Bank Nifty edges higher on robust credit growth

Mumbai, April 5 (SocialNews.XYZ) Although the RBI policy meeting unfolded as anticipated on Friday, concerns over food inflation and warnings…

9 months ago

RBI sees price of India’s crude oil imports at $85 a barrel in 2024-25

Mumbai, April 5 (SocialNews.XYZ) The RBI expects the price of the Indian basket of crude oil imports to be around…

9 months ago

Range-bound rupee most stable among major currencies: RBI Governor

Mumbai, April 5, (SocialNews.XYZ) The Indian rupee (INR) has remained largely range-bound as compared to both its emerging market peers…

9 months ago

RBI’s move to maintain current policy rate will stimulate growth in housing, say realty players

Mumbai, April 5 (SocialNews.XYZ) The realty players have said that the RBI’s move to maintain the current policy rate will…

9 months ago

RBI allows cash deposits in CDMs via UPI

Mumbai, April 5 (SocialNews.XYZ) The RBI has decided to allow bank customers to deposit money in Cash Deposit Machines (CDMs)…

9 months ago

RBI to review liquidity coverage ratio norms for banks

Mumbai, April 5 (SocialNews.XYZ) The RBI has decided to undertake a comprehensive review of the liquidity coverage ratio (LCR) framework…

9 months ago

RBI okays use of 3rd party UPI apps for payments from PPI wallets

Mumbai, April 5 (SocialNews.XYZ) The RBI has decided to permit the use of third-party UPI apps for making UPI payments…

9 months ago

RBI to launch new NRI scheme for Sovereign Green Bonds in IFSC

Mumbai, April 5 (SocialNews.XYZ) With a view to facilitating wider non-resident participation in Sovereign Green Bonds, a scheme for investment…

9 months ago

RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc

Mumbai, April 5 (SocialNews.XYZ) India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation…

9 months ago

RBI leaves key repo rate unchanged, focus on keeping inflation in check

Mumbai, April 4 (SocialNews.XYZ) The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5…

9 months ago

RBI retains repo rate at 6.5 pc

Chennai, April 5 (SocialNews.XYZ) Not belying the expectations of senior economists, the Reserve Bank of India's (RBI) Monetary Policy Committee…

9 months ago

HDFC Bank’s ADR jumps over 6 pc post business performance update

New Delhi, April 4 (SocialNews.XYZ) HDFC Bank's ADR jumped by more than 6 per cent on Thursday after the private…

9 months ago

Income Tax Dept throws open e-portal for filing ITRs

New Delhi, April 4 (SocialNews.XYZ) Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file…

9 months ago

Eetretail sets out expansion plans and new leadership

Stanlow, April 4 (SocialNews.XYZ) EET Retail, the retail division of EET Fuels, is pleased to announce the appointment of Narayan…

9 months ago

Several stocks under NSE lens for significant spurt in price, volume

New Delhi, April 4 (SocialNews.XYZ) The National Stock Exchange (NSE) has sought clarifications from several companies following a spurt in…

9 months ago

RBI issues clarification on currency derivatives circular, defers implementation to May 3

Mumbai, April 4 (SocialNews.XYZ) The RBI on Thursday issued a clarification on its exchange traded currency derivatives (ETCD) circular and…

9 months ago

Hero MotoCorp gets Income Tax Dept notice to pay up Rs 605 crore

New Delhi, April 4 (SocialNews.XYZ) Auto giant Hero MotoCorp on Thursday said it has received a notice from the Income…

9 months ago

Broader markets bounce back after sharp correction

Mumbai, April 4 (SocialNews.XYZ) The Nifty has been consolidating in a narrow range at higher levels for the last few…

9 months ago

Nifty, Sensex close at all-time highs ahead of RBI MPC meet

Mumbai, April 4 (SocialNews.XYZ) The Indian benchmark indices climbed to record highs before closing in the green after a volatile…

9 months ago



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