EPFO to Credit 8.25% Interest for FY 2025-26 by July 15
AMN The Employees’ Provident Fund Organisation (EPFO) will complete the credit of 8.25 percent interest for the financial year 2025-26 into nearly 34 crore EPF accounts by 15th of July.…
Rupee appreciates by 44 paise to close at 94.96 against US dollar
In the forex market today, the rupee appreciated by 44 paise to close at 94 rupees and 96 paise against the US dollar. The dollar index, which indicates the US…
RBI to auction Rs 32,000 crore government bonds on July 10
BIZ DESK The Reserve Bank of India (RBI) today said the Government of India will auction 32,000 crore rupees worth of dated government securities on July 10 to raise funds,…
Sahkar Se Samriddhi: Five years of reforms reshape India’s cooperative movement
AMN The Ministry of Cooperation has completed five years of its journey with a renewed focus on strengthening India’s cooperative movement. Marking its fifth Foundation Day with the vision of…
FM Sitharaman Holds Talks with French Banking, Aviation Leaders to Boost Investment Ties
AMN / BIZ DESK INDIA’S Union Finance Minister Nirmala Sitharaman, currently on an official visit to France, held a series of high-level meetings with leading French business executives on Thursday,…
RBI Reiterates Opposition to Crypto: Warns of Risks to India’s Monetary Sovereignty
Special Correspondent / New Delhi The Reserve Bank of India (RBI) has firmly reiterated its opposition to legitimizing private cryptocurrencies, warning that their formal integration could severely threaten the nation’s…
Rupee depreciates by 57 paise to close at 95.24 against US dollar
In the forex market today, the rupee depreciated by 57 paise to close at 95 rupees and 24 paise against the US dollar. The dollar index, which indicates the US…
RBI names Ravi Shankar as Executive Director
BIZ DESK The Reserve Bank of India (RBI) on Wednesday appointed Ravi Shankar as its new Executive Director (ED), with effect from July 1. Prior to his elevation, Shankar served…
RBI Data: Bank Credit Ticks Up to ₹220.59 Lakh Crore, Sequential Deposits Slip
Our Banking Correspondent Amid fluctuating systemic liquidity, bank credit in India edged marginally higher while aggregate deposits recorded a slight sequential contraction during the fortnight ended June 15, according to…
Eurobank launches UPI-based remittance service for cross-border transfers from Greece to India
AMN The Eurobank has launched the UPI-based remittance service for cross-border transfers from Greece to India. The initiative is part of the bank’s strategic collaboration with the National Payments Corporation…