Others News

RBI to Inject Rs 1 Lakh Crore via OMO, Announces $10 Billion Forex Swap to Manage Liquidity

06 March 2025 at 08:41

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

Posted in Others | 231 Views

49th Civil Accounts Day: FM Highlights PFMS's Role in Digital Governance

03 March 2025 at 08:43

The Civil Accounts Day 2025 was celebrated in New Delhi today to mark the 49th foundation day of Indian Civil Accounts Service (ICAS) with the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presiding over as Chief Guest.

Posted in Others | 273 Views

RBI: 98.18% of Rs 2000 Notes Returned, Rs 6,471 Crore Still Circulating

03 March 2025 at 08:42

The Reserve Bank of India (RBI) has provided an update on the withdrawal of ₹2000 denomination banknotes, revealing that as of February 28, 2025, only ₹6,471 crore worth of these notes remain in circulation.

Posted in Others | 291 Views

Lok Sabha Speaker Highlights Legal & Financial Reforms at ICAI Symposium on Viksit Bharat 2047

03 March 2025 at 08:41

Lok Sabha Speaker Shri Om Birla stressed that the recent initiatives in simplification and transparency in financial laws have provided an enabling environment for investment in India.

Posted in Others | 405 Views

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 | 453 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 | 321 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 | 486 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 | 360 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 | 411 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 | 465 Views