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Home  India

India

RBI projects GDP growth rate of 10.5% for FY22

RBI projects GDP growth rate of 10.5% for FY22

  • Economic growth will only move upwards: Shaktikanta Das

    The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.
  • Three offers received for PMC Bank resolution, says RBI Governor

    "I have been informed that three final offers have been received. I am given to understand that the PMC Bank itself is evaluating the offers," the RBI governor told
  • One nation one ombudsman: Reserve Bank of India

    The move is intended to make the process of redress of grievances easier by enabling the customers of the banks
  • RBI to restore cash reserve ratio in two phases to 4 per cent

    To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL)
  • ‘RBI internal panel working on model of central bank’s digital currency’

    The government last week moved to ban private cryptocurrencies.
  • Nearly 50 lakh beneficiaries vaccinated against COVID-19

    Uttar Pradesh accounts for 11.9 per cent (5,89,101) of the total beneficiaries vaccinated in India.
  • Man arrested in Puducherry for social media message offering to kill PM

    The man, a resident of neighbouring Aryankuppam village, was arrested on Thursday and produced before a local court which remanded him to judicial custody.
  • BJP defends farm laws, Congress seeks their repeal

    Congress MP Partap Singh Bajwa demanded setting up of a committee headed by a Supreme Court judge for an impartial probe into the January 26 incidents.
  • Google Meet video calls to now adapt to internet speed at home

    The update will help students as they're using the same networks as their parents, guardians and siblings, putting heavy demand on bandwidth.
  • Samsung, udChalo launch exciting Program for Indian Defence Personnel

    This Program will be made available to all udChalo verified customers who will be redirected from the udChalo website to purchase the product from Samsung.com.
  • SC refuses to entertain plea against new WhatsApp privacy policy

    The petitioner had alleged that the updated privacy policy of WhatsApp would adversely impact the citizens' fundamental right to privacy.
  • Indian boy becomes UAE’s youngest hair donor for cancer patients

    The Indian boy, Taksh Jain is "growing his hair until it reaches a good length for donation", said his mother Neha Jain, originally from Kota, Rajasthan.
  • Rupee rises 3 paise to 72.93 against US dollar in early trade

    The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance
  • Tamil Nadu govt announces Rs 12,110 cr farm loan waiver

    Chief Minister K Palaniswami said the scheme would come into immediate effect and the required financial allocation would be made by his government.
  • RBI to look at harmonising regulations for microfinance lenders

    Concerns have been raised about the law, which seeks to "protect and relieve" economically vulnerable groups from usurious interest rates and coercive recovery means
  • Pfizer withdraws Emergency Use Authorisation application in India

    Pfizer will continue to engage with the authority and resubmit its approval request with additional information as it becomes available in the near future.
  • SC grants interim bail to comedian Munawar Faruqui in case lodged in MP

    Faruqui and four others were arrested on January 1 following a complaint by a BJP MLA's son that alleged objectionable remarks about Hindu deities.
  • COVID-19: India records 12,408 new cases, 120 fresh fatalities

    There are 1,51,460 active cases of coronavirus infections in the country which comprises 1.40 per cent of the total cases.
  • Speedcubers eye record for largest 3D Rubik’s Cube mosaic in Asia

    Among the people who wanted to get in on the fun was city-based speedcuber Pavan Akula, who is well-known for his prowess with the Rubik’s cube
  • GAIL bifurcation plan put on hold

    GAIL is India's biggest natural gas marketing and trading firm and owns 60 per cent of the country's 26,284-km gas pipeline network, giving it a stranglehold on the market.
  • Mahindra recalls 1,577 units of diesel Thar to replace faulty engine part

    The Mumbai-based auto major said it would undertake proactive inspection and replacement of camshaft on a batch of 1,577 units of Thar diesel variants
  • NTPC net up 16 per cent at Rs 3,876 crore quarter

    Its consolidated net profit was at Rs 3,351.28 crore in the quarter ended on December 31, 2019, according to a BSE filing.
  • Ultratech to raise up to Rs 3,000 crore

    Ultratech Cement said the proceeds from the issuance will be used to refinance existing rupee debt
  • SEBI ban on Biyani, others won’t impact deal with Reliance

    Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by SEBI
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