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Economy News

RBI

RBI asks Mahindra Financial services to cease immediately from using recovery agents

In other words, the company was directed not to use services of any outside agency for loan recovery purpos Sep 23, 2022
I2U2 diplomats meet to review projects, discuss cooperation

I2U2 diplomats meet to review projects, discuss cooperation

The participants expressed their countries' "commitment to deepening the economic partnership among the four countries", according to the State Department. Sep 21, 2022
CBDT meets officials to dispel doubts on faceless tax assessment.

Gross direct tax collections rise 30% in 2022-23, net direct tax collections up 23%

Net direct tax collections stood at Rs 7.01 lakh crore for the current fiscal till September 17, showing a 23 per cent rise over the corresponding period of last year. Sep 18, 2022
RBI

What's Card Tokenisation? New RBI norms come into effect from Oct 1

Several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for future payments. Sep 17, 2022
West Bengal Chief Minister Mamata Banerjee

Tata Group is not investing in West Bengal; 'slip of tongue' by CM, says state chief secretary

Tata Group's investment announcement in Bengal was 'slip of tongue' by CM: CS Dwivedi Sep 13, 2022
rupee

Experts predict volatility in Indian rupee likely to persist in the short term

Sujan Hajra, Chief Economist and Executive Director, Anand Rathi Shares and Stock Brokers, said from Rs 73 per dollar in April 2021, recently rupee moved below Rs 80 per dollar Sep 10, 2022
Indian Rupee

India all set to demolish illegal loan apps; RBI to create 'whitelist' of digital lending apps

Post the Covid pandemic, digital lending platforms have gained huge popularity in India Sep 10, 2022
Karnataka seeks Centre's cooperation for mineral deposits exploration

Karnataka seeks assistance from the Centre's for mining operations in state

The National Mining Ministers Conference, which began in Hyderabad on Friday he said after independence, no government has ever taken such transparent and environment-friendly measures in the mining sector as it. Sep 10, 2022
Meeting of the India-Pacific Economic Forum (IPEF) in Los Angeles

Los Angeles: Piyush Goyal attends ministerial meeting of Indo-Pacific Economic Forum

US to work closely with India to boost resilient supply chains and to further the goal of self-reliance: Goyal Sep 9, 2022
K. T. Rama Rao

Every Indian has debt of Rs 1.25 lakh: KTR

The deceased, Balamanikandan was a Class 8 student in a private school at Nehru Nagar, Karaikkal and had topped the class. Sep 4, 2022
Sensex

After a volatile week expect markets to remain rangebound [details inside]

The Indian Rupee gained 6 paisa or 0.08 per cent to close at Rs 79.80 to the US Dollar. Dow Jones continued to remain under pressure and lost on four of the five trading sessions. Sep 4, 2022
Nirmala Sitharaman

India set to become 3rd largest economy by 2029 as nation witnesses rapid economic growth

Recently, India surpassed the United Kingdom to become the fifth largest economy in the world Sep 4, 2022
the-paralympic-24-hour-torch-relay

Britain slips behind India, ranks 6th biggest economy now as per IMF data

The calculation is based in US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund. Sep 3, 2022
Forex

Forex reserves dip by $3 billion, fall in foreign currency assets cited

Foreign currency assets fell by $2.571 billion to $498.645 billion during the reporting week. Sep 3, 2022
Nirmala Sitharaman

TRS criticizes Sitharaman for "unruly conduct" with District Collector over not displaying PM flexy

During a visit to Birkur village in Kamareddy district on Friday, the Union minister publicly expressed anger at District Collector Jitesh V. Patil as the Prime Minister's flexi was not displayed at the shop. Sep 3, 2022
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