Google Pay introduces convenience fee
The widely used UPI platform Google Pay, popularly known as GPay, has begun charging convenience fees for certain payments made using credit and debit...
RBI to Conduct $10 Billion Dollar-Rupee Swap Auction on 28th February
The Reserve Bank has announced a long-term dollar-rupee swap auction for ten billion dollars on 28th February 2025. According to an official press rel...
RBI imposes monetary penalty of Rs 39 lakh on Citibank
The Reserve Bank of India, RBI has imposed a monetary penalty of thirty nine lakh rupees on Citibank for non-compliance with certain directions relate...
India’s Forex Reserves Dip by $2.54 Billion After 3 Weeks of Growth: RBI
India’s foreign exchange reserves dropped by 2.54 billion dollars, reaching over 635.7 billion dollars in the week ending February 14, according to th...
17 Lakh New Employees Enrolled Under ESIC in December 2024
The government has said that around 17 lakh new employees have been enrolled under the Employees’ State Insurance Scheme (ESIC) in the month of Decemb...
RBI Deputy Governor Warns Against Excessive Borrowing & Market Euphoria
Reserve Bank of India (RBI) Deputy Governor Rajeshwar Rao has raised concern over excessive borrowing in unsecured loans and the euphoria in derivativ...
FDI from Japan has exceeded 43 billion dollars between 2000 and 2024: Union Minister Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal has said that Japan has been a key ally in India’s economic growth and is the 5th largest source of ...
NHAI Refutes Claims of FASTag Rule Changes
The National Highways Authority of India (NHAI) refuted the claims regarding the change of FASTag rules declining transactions, as reported by some me...
India, Qatar ink MoUs to strengthen economic ties
On the sidelines of the visit of the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, to India, the two nations signed two Memorandums of Understanding...
India’s Circular Economy to Reach $2 Trillion by 2050, Creating 10 Million Jobs: Minister Bhupender Yadav
Environment, Forest, and Climate Change Minister Bhupender Yadav has emphasised the need to promote the reuse and recycling of products. Addressing th...
Finance Minister Nirmala Sitharama launches Mutual Credit Guarantee Scheme for MSMEs
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman yesterday launched the Mutual Credit Guarantee Scheme for MSMEs in Mumbai. The fin...
India’s Exports Grow by 7.21% in April-Jan 2024-25: Commerce Ministry
India’s total exports during April-January 2024-25 logged growth of 7.21 percent as compared to the same period in last fiscal. On the other hand, tot...
FM Nirmala Sitharaman underscores the government’s focus on reducing trade barriers and fostering domestic production
Union Finance and Corporate Affairs Minister Nirmala Sitharaman today emphasised India’s ongoing efforts to reduce duties and enhance self-reliance du...
Elon Musk’s $97.4 billion proposal gets rejected by OpenAI board
San Francisco: OpenAI says its board of directors has unanimously rejected a $97.4 billion takeover bid by Elon Musk. “OpenAI is not for sale, and the...
India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark
India’s foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7, accordin...
RBI Appoints Administrator for New India Cooperative Bank
The Reserve Bank of India (RBI) has appointed Mr. Shreekant, former Chief General Manager of State Bank of India (SBI), as Administrator of New India ...
BSNL registers profit of Rs 262 crore in third quarter of 2024-25
The Government-owned Bharat Sanchar Nigam Limited (BSNL) has registered a profit of 262 crore rupees in the third quarter of 2024-25. This achievement...
Income-Tax Bill 2025 introduced in Lok Sabha
The Income-Tax Bill 2025 was introduced in the Lok Sabha on Thursday. The Bill aims at consolidating and amending the law relating to income tax. Fina...
Government has not cut down on any sectoral allocations in Union Budget: FM Sitharaman
Finance Minister Nirmala Sitharaman said that the government has not cut down on any sectoral allocations in the Union Budget 2025-26. Replying to the...
RBI Lifts Business Restrictions on Kotak Mahindra Bank
The Reserve Bank of India (RBI) has lifted the business restrictions imposed on Kotak Mahindra Bank Limited after the bank addressed supervisory conce...
RBI to Issue New ₹50 Notes With Governor Sanjay Malhotra’s Signature
The Reserve Bank of India (RBI) has announced that it will soon issue ₹50 denomination banknotes in the Mahatma Gandhi (New) Series bearing the signat...
India’s CPI Inflation Drops to 4.31% in January, Lowest in 5 Months
India’s retail inflation eased to a five-month low of 4.31 percent in January from 5.22 percent in December, as the rate of increase in food prices sl...
India’s Industrial Production Growth Slows to 3.2% in December
India’s industrial production growth, measured by the Index of Industrial Production (IIP), slowed to 3.2 percent in December as compared to 5.2 perce...
RBI Directs Banks to Remain Open for Govt Transactions on March 31
The Reserve Bank of India (RBI) has advised all agency banks to keep all their branches dealing with government business open on March 31, 2025. RBI s...
Equity Mutual Funds See ₹39,687 Cr Inflows in January
Equity mutual funds saw net inflows of over 39,687 crore rupees in January. According to data from the Association for Mutual Funds in India (AMFI) re...
ADNOC Gas secures $7-9 billion LNG deal with Indian Oil for 14 years
ADNOC Gas has finalized a major long-term agreement to supply liquefied natural gas to Indian Oil Corporation Ltd, marking a significant expansion of ...
TRAI Strengthens Consumer Protection with Amendments to Telecom Commercial Communications Regulations
The Telecom Regulatory Authority of India (TRAI) has amended the Telecom Commercial Communications Customer Preference Regulations 2018 to further str...
Sensex slumps 777.07 points on trade war fears
Mumbai: Benchmark indices Sensex and Nifty slumped in initial trade on Wednesday, February 12, as unabated foreign fund outflows and trade war fears c...
Govt Utilizing Borrowed Resources for Capital Expenditure as Fiscal Deficit Stands at 4.4% of GDP: FM Sitharaman
Finance Minister Nirmala Sitharaman has asserted that the government is focusing on bringing prosperity to the villages along with making agriculture,...
Gold & Silver Prices Decline in Indian Bullion Market
In the Indian Bullion Market, 24 Karat Gold was trading over 0.9 percent down at 85,210 rupees per 10 grams, and Silver 999 Fine was also trading over...
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