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With credit disbursals picking up and the RBI increasing its lending rates to the banks banks and others are now offering higher interest rates on fixed deposits.
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Growth data of domestic economy show optimism which will provide strong impetus too
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Foodgrain production in Telangana is estimated to have hit nearly 2.03 crore tonnes including paddy production of around 1.5 crore tonnes.
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Finance Minister T Harish Rao Directs them to return extra amounts within a month
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An inflation-targeting central bank like ours should have a credible inflation measure, and like every other key fiscal or monetary parameter, this too needs a check.
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The sharp measures outlined in the December MPC review clearly indicate that fight against inflation will continue.
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According to Chowdhury, the fall in retail inflation has been due to the quick drop in vegetable prices which is a seasonal phenomenon apart from the continuing softness in edible oil prices.
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Reddy said, "The instant loan app threatens to leak sensitive information and the government should take note of this as most of the apps are operated by Chinese companies. "
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In order to protect their people from investing in volatile cryptocurrencies, curb fake currency circulation, and reduce costs associated with physical cash management, countries across the globe are looking towards digital currencies.
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Home loans to get dearer; EMIs, tenure to increase
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The bank holidays list for December includes Christmas, four Sundays, and the second, and fourth Saturdays.
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Telangana is only in 11th place in terms of outstanding liabilities of all the States whereas several BJP-ruled States are in top 10 with heavier liabilities.
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Fish stock imports from other States decrease for first time since 2014 as TRS govt’s novel initiatives boost pisciculture.
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Telangana State power utilities have appealed to the Power Finance Corporation not to insist on government guarantee for the loans given
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Mumbai: Currency with the public has jumped to a new high of Rs 30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight […]
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The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
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Mumbai: The Reserve Bank said the first pilot of the Central Bank Digital Currency — Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities. The use case for the pilot is settlement of secondary market transactions in government securities, the RBI said in a statement on Monday. Nine banks — […]
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The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
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Various factors such as inflation, interest rates, quantum of public debt and current account deficit influence the dollar-rupee exchange rate to a great extent.
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The buzzword of the day is ‘CBDC’ or Central Bank Digital Currency (e-rupee) as indicated by the Reserve Bank of India (RBI) in a recent concept paper.