Minister for Finance and Corporate Affairs Nirmala Sitharaman today directed all banks to remain fully alert and prepared to deal with any eventuality or crisis, ensuring uninterrupted access to banking…
Reserve Bank of India has relaxed norms for foreign portfolio investors, FPIs investing in corporate debt securities through the general route. In a notification, RBI announced that FPIs will no…
India’s goods and services tax (GST) collections surged by 12.6 percent to an all-time high of 2.37 lakh crore rupees in April in comparison to the same month last year.…
In the Forex market, the rupee today strengthened by 76 paise to close at 84 rupees and 49 paise against the US dollar buoyed by fresh foreign inflows into equities…
R. Suryamurthy The landscape of personal finance in India is undergoing a transformation, with banks, mutual funds, and small savings schemes fiercely vying for the nation’s savings. A recent report…
Union Finance Minister Nirmala Sitharaman has underscored the need to achieve the target of one billion UPI transactions per day within the next two to three years. She has stressed…
Union Minister for Electronics and Information Technology Ashwini Vaishnaw has said that Direct Benefit Trasfer- DBT initiative of Prime Minister Narendra Modi has saved 3.48 lakh crore rupees by reducing…
India’s financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to…
The Government today stated that claims suggesting it is considering levying GST on UPI transactions over two thousand rupees are completely false, misleading, and without any basis. In a statement,…
The Reserve Bank of India (RBI) and Financial Intelligence Unit-India (FIU-IND) today signed a Memorandum of Understanding (MoU) as part of continued coordinated efforts in effective implementation of requirements of…
