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RBI Governor makes  significant announcements during policy meeting concerning repo rate, GDP growth forecast, and more.

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RBI policy meet: The governor of the Reserve Bank of India (RBI) announced that the repo rate will remain unchanged at 6.5 percent.  Additionally, the...
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RBI Monetary policy: Repo rate steady at 6.5%, FY24 inflation forecast unchanged at 5.4%; check for 10 key highlights

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RBI Monetary policy: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday decided to keep its key policy rates unchanged. RBI...
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The RBI has provided a list of 442 digital lending apps to the IT Ministry, which has been shared with Google. 

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This review has resulted in the removal of 2,200 apps from Google's app store. Around 3,500 lending apps remain after the review.  The government is...
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PhonePe, Google Pay or BHIM? Check out which payment app gained the most due to Paytm crisis

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In a shocking decision last week, the Reserve Bank of India had ordered Paytm Payments Bank not to accept fresh deposits or top-ups in...
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The government aims to sell 40-45 tonnes of Sovereign Gold Bonds (SGBs) in the fiscal year 2025. 

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These bonds are considered part of the government's borrowing, and their liabilities are calculated based on the market price of gold at the time...
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Oil sector needs $14 trillion investments globally by 2045: OPEC

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Prime Minister Narendra Modi said that India’s own energy demand will double by 2045 to 38 million barrels per day from current 19 million...
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FM Nirmala Sitharaman states that the government’s measures have resulted in an inflation rate within the acceptable range.

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The finance minister, Nirmala Sitharaman, has stated that the government's efforts to control the rise in prices of essential commodities, particularly perishable goods, have...
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‘Misleading and malicious’: Paytm rejects reports of money laundering, FEMA violation probes by ED

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Paytm issued a statement saying that no probe has been launched against the firm or its founder Vijay Shekhar Sharma amid the RBI crackdown. Fintech...
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Indian startup founders write to PM Modi, RBI on Paytm: What report claims

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Paytm Crisis: This comes as the Reserve Bank of India launched a major clampdown on Paytm Payments Bank. A group of Indian startup founders wrote...
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The government has stated that moderation in agriculture and services sectors has led to a slowdown in private consumption growth in the current financial...

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The Minister of State for Finance, Pankaj Chaudhary, explained that the growth of private final consumption expenditure (PFCE) in Q2 FY24 was estimated at...
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