GST Council Faces Tough Choices as Revenue Warnings Cloud Reform Plans
By R. Suryamurthy Prime Minister Narendra Modi’s ambitious announcement from the Red Fort to unveil a major revamp of the…
Category: BANKING
UPI records all-time high with 1,947 cr transactions worth ₹25.1 lakh cr in July
Sudhir Kumar India’s digital payment backbone, Unified Payments Interface (UPI), posted a fresh record in July 2025 with 1,947 crore…
India’s Digital Payments Index Jumps to 493.22, Marking New Milestone in Cashless Revolution
India’s digital economy continues its strong upward momentum, with the Reserve Bank of India (RBI) announcing that its Digital Payments…
Indian Rupee shows short-term strength backed by improved trade data: Emkay Report
According to Emkay Wealth Management’s latest report, the Indian Rupee has shown short-term strength, partly supported by improved trade data,…
RBI’s financial inclusion index shows growth across all segments in FY25
AMN / BIZ DESK The Reserve Bank of India has informed that the Financial Inclusion Index of the FI index…
Gross non-performing assets of Public Sector Banks decline by over 6.5% in last 5yrs
AMN Gross non-performing assets of public sector banks have witnessed significant decline in the last five financial years. The NPAs…
Gita Gopinath to Step Down as IMF’s No. 2, Return to Harvard
AMN Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), will step down at the end…
India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMF
India Emerges as Global Powerhouse in Fast Digital Payments with UPI Leading the Charge: IMFIn a resounding validation of India’s…
Rupee appreciates by 17 paise to close at 85.81 paise against US dollar
In the Forex market, the rupee today appreciated by 17 paise to close at 85 rupees and 81 paise against…
Disinflation Deepens in India: June CPI at 2.1%, Debate Over RBI’s Next Move Intensifies
R. Suryamurthy India’s retail inflation in June unexpectedly plummeted to its lowest level since January 2019, rekindling speculation about further…