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RBI State of the Economy Report (March 2024)

The Reserve Bank of India (RBI) released its ‘State of the Economy’ report in March 2024, providing insights into the country’s economic performance and outlook. The report, authored...

March 20, 2024

Electoral Bonds Data

The Election Commission of India (ECI) has released detailed data on electoral bonds, following a directive from the Supreme Court. The information, sourced from the State Bank of...

March 16, 2024

India’s Retail Inflation Eases to 5.09% in February 2024

India’s consumer price index (CPI)-based inflation eased to 5.09 percent in February 2024, according to data released by the Ministry of Statistics and Programme Implementation. Inflation Remains Within...

March 15, 2024

India Signs Free Trade Agreement with EFTA Bloc

Recently, India signed a landmark free trade agreement (FTA) with the European Free Trade Association (EFTA), a bloc consisting of Switzerland, Norway, Liechtenstein, and Iceland. The Trade and...

March 11, 2024

India Extends RoDTEP Scheme to Boost Exports

In a significant move to bolster India’s exports amidst global economic uncertainties and supply chain disruptions, the government has extended the Remission of Duties and Taxes on Exported...

March 11, 2024

Government to Divest 7% Stake in NLC India

The Government of India is set to offload a 7% stake in state-run lignite producer NLC India Ltd. through the offer-for-sale (OFS) route, which includes a green shoe...

March 8, 2024

RBI Directs Card Issuers to Provide Multiple Network Options 

In a significant move to promote customer choice and fair competition, the Reserve Bank of India (RBI) has issued directions to card issuers, instructing them not to enter...

March 7, 2024

RBI Pushes for Rupee Payments in Oil Imports

 The Reserve Bank of India (RBI) has instructed India’s major state-owned refiners to press Persian Gulf oil suppliers to accept at least 10% of oil payments in rupees...

March 6, 2024

RBI Approves Interoperable Net Banking Payments for Merchants

The Reserve Bank of India (RBI) has given the nod for implementing an interoperable payment system for internet banking transactions. This move is expected to streamline the digital...

March 5, 2024

Moody’s Raises India’s GDP Growth Forecast for 2024

Recently, Moody’s, a prominent global credit rating agency, revised its forecast for India’s GDP growth in 2024 upwards from 6.1% to 6.8%. The agency’s decision reflects both global...

March 5, 2024

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