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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
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No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
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Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
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How Rajasthan Gang Used UPI To Dupe Hyderabad Electronics Chain Of 4 Crore
Thirteen people have been arrested for allegedly cheating an electronics retail chain in Hyderabad of Rs 4 crore by using UPI as a mode of payment and then lodging a complaint with the bank to reverse the amount
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eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
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Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
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Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
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Cyber Outage Hits Government, Media And Telcos In Australia, New Zealand
A cyber outage related to an issue at global cybersecurity firm Crowdstrike and Microsoft hit media, retailers, banks, airlines and telecoms companies across Australia and New Zealand on Friday.
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NPCI International Collaborates With Qatar National Bank to Launch QR Code-Based UPI Payments
NPCI International Payments Limited (NIPL), the international arm of the payments organisation, has signed an agreement with Qatar National Bank (QNB) to launch QR code-based Unified Payments Interface (UPI) payments across the country. With this move, Indian tourists and travellers can scan QR codes to make UPI payments across multiple retail touc...
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India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
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Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI
The rapid rise in Futures and Options (F&O) trade volumes in recent years could pose several challenges as retail investors not following proper risk management could be impacted by sudden movements in markets, said a Reserve Bank report.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
Here's How Amazon is Making Purchase Experience Better for Customers Ahead of Great Indian Festival Sale
The festive season is upon us, and with it comes the most anticipated sales event of the year: Amazon’s Great Indian Festival. In its 2024 edition, the online retail giant is not just rolling out massive discounts but redefining how consumers shop, upgrade, and enjoy their purchases. Through strategic partnerships, innovative financing options, a...
-
Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
-
How Rajasthan Gang Used UPI To Dupe Hyderabad Electronics Chain Of 4 Crore
Thirteen people have been arrested for allegedly cheating an electronics retail chain in Hyderabad of Rs 4 crore by using UPI as a mode of payment and then lodging a complaint with the bank to reverse the amount
-
eRupee CBDC Has Amassed 5 Million Users in Retail Pilot, Set for More Programmability: RBI Governor
RBI Governor Shaktikanta Das claimed on Monday that in its pilot stage, the eRupee had managed to amass five million users. Das was speaking at a conference in Bengaluru.
-
Retail Inflation Eases To 3.54% In July, At Nearly 5-Year Low
Retail inflation declined to 3.54 per cent in July, slipping below the Reserve Bank's targeted 4 per cent for the first time in nearly 5 years, as food prices cooled, government data showed on Monday.
-
Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
-
Cyber Outage Hits Government, Media And Telcos In Australia, New Zealand
A cyber outage related to an issue at global cybersecurity firm Crowdstrike and Microsoft hit media, retailers, banks, airlines and telecoms companies across Australia and New Zealand on Friday.
-
NPCI International Collaborates With Qatar National Bank to Launch QR Code-Based UPI Payments
NPCI International Payments Limited (NIPL), the international arm of the payments organisation, has signed an agreement with Qatar National Bank (QNB) to launch QR code-based Unified Payments Interface (UPI) payments across the country. With this move, Indian tourists and travellers can scan QR codes to make UPI payments across multiple retail touc...
-
India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
-
Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI
The rapid rise in Futures and Options (F&O) trade volumes in recent years could pose several challenges as retail investors not following proper risk management could be impacted by sudden movements in markets, said a Reserve Bank report.
