RBI makes no change in policy rates, growth rate expected 9.5 %
Reserve Bank of India (RBI) has not made any change in Repo Rate, Reverse Repo Rate, MSF Rate. RBI Governor Shaktikanta Das held a press...
Big decision of RBI, RTGS service now available 24X7
The Reserve Bank of India (RBI) has announced that from 14 December 2020 the real time gross settlement system (RTGS) in the country will start...
RBI directs HDFC Bank to stop selling new credit cards
The Reserve Bank of India has asked a private sector lender, HDFC Bank, to discontinue the new sourcing of credit cards to customers on a...
USA becomes India’s second largest FDI source in first half of FY 2020-2021
According to data provided by the Ministry of Commerce and Industry, the United States emerged as the second largest source of foreign direct investment (FDI)...
India Officially Enters Recession, GDP Contracts By 7.5 Percent In 2020-21 Q2
According to government data released on November 27, 2020, the Indian economy declined by 7.5 percent in the second quarter (July to September) of FY...
Finance Minister Nirmala Sitharaman to announce incentive package soon
On November 03, 2020, Economic Affairs Secretary Tarun Bajaj said that Finance Minister Nirmala Sitharaman will soon announce another stimulus package to speed up the...