Category: Economy

RBI Governor highlighted the need for the UCBs to strengthen financial and operational resilience to contribute to the overall financial and banking sector stability.

A recent opinion paper has questioned the scientific authenticity of Nano liquid urea produced by the country’s largest fertiliser manufacturer Indian Farmers and Fertiliser Cooperative (IFFCO).

Reserve Bank of India is hesitant to grant NBFC licenses to neo-banks such as PhonePe, Razorpay, BharatPe, OkCredit, and NiYo.

Donald Trump has raised the issue of high tax by India on certain American products and has threatened to slap with reciprocal tax if voted to power in the 2024 presidential elections.

India and the ASEAN countries reached an agreement on Monday to review their free trade pact for goods by 2025.

Major defence deals with Russia have been delayed as Russia being shut out of the global SWIFT system for money transfers.

Moody’s Investors Service has reaffirmed India’s rating as a long-term local and foreign-currency issuer at Baa3.

The Union Cabinet approved a five-year extension and expansion of the Digital India programme, including the Computer Emergency Response Team, India (CERT-in) expansion.

Government decided to release onions from the 300,000-tonne buffer as part of the price stabilization fund (PSF) to cool onion prices.

RBI plans to enhance UPI with AI-driven conversational features for user-friendliness and wider adoption.

Federal Open Market Committee meeting was determined to raise the targeted federal funds rate to a range of 5.25% to 5.5%.

Standing Committee of Parliament on Chemicals and Fertilizers reports called for ending the import dependence on fertilizers such as urea, diammonium phosphate (DAP), muriate of potash (MOP), and nitrogen, phosphorus, and potassium (NPK).