India, Saudi Discuss Rupee-Riyal Trade, UPI Payment System
New Delhi- India and Saudi Arabia have held discussions on the feasibility of institutionalising Rupee-Riyal trade, and introduction of UPI and Rupay cards in...
Currency In Circulation Rose In Value, Volume During 2022-23: RBI
Mumbai- The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent, respectively, during 2022-23 as compared with...
FM Sitharaman Asks Banks To Be More Customer-Friendly
Mumbai- Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit...
RBI To Soon Start Pilot Launch Of E-Rupee For Specific Use Cases
Mumbai- The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to...
Equity Investors Poorer By Over Rs 6.57 Lakh Crore In Two Days
Mumbai- A decline in equities for two sessions has eroded investors' wealth by more than Rs 6.57 lakh crore.
The 30-share BSE Sensex tumbled 872.28...
RBI Likely To Raise Key Policy Rate By At Least 35 Bps To Check...
Mumbai- Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by at...
Retail Inflation Dips To Over 2-Year Low Of 4.25% In May
New Delhi- Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and...
Indian GDP To Grow 7.8% In Q2, 9.4% In FY22: Report
MUMBAI- Official data print on the GDP will show a 7.8 per cent expansion on a year-on-year basis for the September 2021 quarter, according...
Aim To Make Indian Automobile Sector No. 1 In World: Gadkari
New Delhi- Union Minister of Road Transport and Highways Nitin Gadkari on Friday said his aim was to make the Indian automobile industry number...
Eight Of Top 10 Firms Lose Rs 1 Lakh Crore In Mcap; Infosys, HDFC...
NEW DELHI- Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with...