Others News

RBI: Tax Cuts and Moderating Inflation to Boost Household Consumption

22 February 2025 at 09:00

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, 2025, highlighted that the tax relief measures announced in the Union Budget 2025-26 and easing inflation are set to strengthen household consumption and investments.

Posted in Others | 456 Views

DRI Busts Seven Fake Currency Modules Across Four States, Nine Arrested

22 February 2025 at 08:58

In its drive against facilities engaged in the printing of Fake Indian Currency Notes (FICN), DRI busts seven more modules in Maharashtra (4), Haryana (1), Bihar (1) and Andhra Pradesh (1); nine arrested

Posted in Others | 333 Views

RBI Launches 'RBIDATA' App for Seamless Access to Economic and Financial Data

21 February 2025 at 08:46

Reserve Bank of India launched RBIDATA, a Mobile App, that offers macroeconomic and financial statistics relating to the Indian economy in a user-friendly and visually engaging format.

Posted in Others | 495 Views

FM Sitharaman Expects Durable Consumption Recovery

10 February 2025 at 08:49

Finance Minister Nirmala Sitharaman on Saturday expressed optimism about a durable recovery in consumption, driven by fiscal and monetary policy measures.

Posted in Others | 375 Views

RBI Cuts Repo Rate by 25 bps to 6.25% After 5 Years

08 February 2025 at 08:52

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. Consequently, the Standing Deposit Facility (SDF) rate is set at 6.00%,

Posted in Others | 420 Views

RBI Reports Rs 2000 Note Circulation Down to Rs 6,577 Crore, 98.15% Withdrawn

07 February 2025 at 08:47

The Reserve Bank of India (RBI) has reported a significant reduction in the circulation of ₹2000 denomination banknotes, with 98.15% of the total Rs 2000 notes withdrawn since their withdrawal was announced on May 19, 2023.

Posted in Others | 483 Views

Finance Ministry Directs Staff to Avoid AI Tools Like ChatGPT, DeepSeek Over Data Security Risks

06 February 2025 at 09:02

The Finance Ministry has issued a directive prohibiting officers and staff from using AI tools such as ChatGPT and DeepSeek on office computers, citing risks to the confidentiality of government data and documents.In a note dated January 29, the Depa

Posted in Others | 2367 Views

RBI Announces Measures to Boost Liquidity

28 January 2025 at 08:43

On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system

Posted in Others | 495 Views

Unified Pension Scheme for Central Government Employees: Key Highlights and Benefits

27 January 2025 at 09:04

The Ministry of Finance, on January 24, 2025, unveiled a groundbreaking "Unified Pension Scheme" (UPS) for Central Government employees under the National Pension System (NPS)

Posted in Others | 1017 Views

RBI Announces Daily Variable Rate Repo (VRR) Auctions to Manage Liquidity

16 January 2025 at 08:54

In a significant move to manage liquidity in the banking system, the Reserve Bank of India (RBI) has decided to conduct Variable Rate Repo (VRR) auctions on all working days in Mumbai.

Posted in Others | 714 Views