In a major development, the Reserve Bank of India on Friday announced to enable the Bharat Bill Payment System (BBPS) process to facilitate families of NRIs to easily accept payments from foreign countries while sitting in the comfort of their homes.
Aug 05, 2022
Several banks have already raised their borrowing rates and some will again increase their rates after this hike by the central bank.
Aug 05, 2022
By 1 p.m., Sensex was trading up 175.73 points or 0.30 per cent at 58,475.53, and Nifty was trading 45.75 points or 0.26 per cent higher at 17,427.75.
Aug 05, 2022
Announcing the decision of the Monetary Policy Committee (MPC) during its three-day meeting, Das said it has been decided to increase the policy rate by 50bps to 5.4 per cent with immediate effect.
Aug 05, 2022
Experts are of the view that the RBI would raise the benchmark rate to at least the pre-pandemic level this week and even further in later months.
Aug 01, 2022
The Reserve Bank of India (RBI) has invited applications from eligible candidates belonging to Other Backward Classes (OBC) category to fill up one post of Bank’s Medical Consultant (BMC) on contract basis, with fixed hourly remuneration for RBI Dispensary, main office premises, Guwahati, Assam.
Jul 31, 2022
The bench, also comprising Justices Dinesh Maheshwari and C T Ravikumar, said it is enough if the ED discloses grounds at the time of arrest.
Jul 27, 2022
In the other arbitration case, Dhoni against Amrapali Homes Projects Private Ltd, Justice Veena Birbal, a former high court judge, has been appointed as sole arbitrator to adjudicate the disputes between the parties.
Jul 25, 2022
Days after the domestic currency breached the 80-level against the dollar, Das said Reserve Bank of India (RBI) has zero tolerance for volatile and bumpy movement in the rupee and added that the central bank actions have helped in smoother movement.
Jul 22, 2022
The RBI mentioned that cryptocurrencies are not a currency because every modern currency needs to be issued by the central bank or the government, she said.
Jul 18, 2022
RBI needs 100 acre land for the project at two places.
Jul 12, 2022
Katana is powered by a 999cm3 four-stroke, liquid-cooled, DOHC, inline-four engine which delivers 112 kW (152 PS) / 11,000 RPM power and 106 N-m / 9,250 RPM torque.
Jul 09, 2022
Das said the benefits of globalisation come with certain risks and challenges.
Jul 09, 2022
India's foreign exchange reserves stood at $593.3 billion as on June 24, 2022, supplemented by a substantial stock of net forward assets, it said.
Jul 06, 2022
It referred to the collapse of TerraUSD and Luna cryptocurrencies that threw many investors into a panic in May.
Jul 01, 2022
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