Tag: rbi
Posted in Economy
Retail inflation climbs to 2.1% in August as food prices soar
NEW DELHI: India’s retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data…
Posted in Economy
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…
Posted in Startups
RBI imposes Rs 21 lakh penalty on PhonePe
The Reserve Bank of India on Friday said it has imposed a penalty of Rs 21 lakh on PhonePe Limited for non-compliance with certain norms…
Posted in Economy
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s…
Posted in GST
GST rate: Revised GST rates kick-in today; Here is a list of items that’ll get costlier
Consumers may have to shell out more starting July 18 as several goods and services will cost higher with the Goods and Services Tax (GST)…