RBI extends UPI credit line linking to Small Finance Banks, introduces an AI ethics framework, and launches AI-driven fraud detection to strengthen the financial system.
06 December,2024 12:31 PM IST | New Delhi
The Reserve Bank of India maintains the repo rate at 6.5 percent and revises GDP growth for FY25 down to 6.6 percent. Inflation forecast is raised to 4.8%.
06 December,2024 10:54 AM IST | New Delhi
Morgan Stanley has revised India’s GDP growth forecast for FY25 from 6.7 percent to 6.3 percent, citing a slowdown in the July-September quarter. However, signs of recovery in October and November indicate a rebound in the latter half of the fiscal year
03 December,2024 12:36 PM IST | Mumbai
Bank of Baroda’s report highlights India’s resilience in handling current rupee challenges, citing strong macroeconomic fundamentals, controlled deficits, and robust foreign exchange reserves.
18 November,2024 08:44 AM IST | New Delhi
Bank of Baroda projects India’s GDP growth at 6.9 percent for Q2 FY25, citing strong domestic demand and positive economic indicators. The festive season and increased government spending are expected to support sustained growth, though inflationary pressures may affect future policy decisions.
12 November,2024 12:37 PM IST | New Delhi
Commerce and Industry Minister Piyush Goyal said that India moved from the “fragile five” economy in 2014, when the BJP-led NDA came to power at the Centre
08 November,2024 04:53 PM IST | Panaji, Goa | mid-day online correspondent
SBI projects India's GDP growth at 6.5 percent for Q2 FY25, with a positive outlook for the second half, potentially bringing annual growth closer to 7 percent. Rural demand is expected to drive recovery.
06 November,2024 11:12 AM IST | New Delhi
FICCI said that the median growth forecast for agriculture and allied activities will likely be at 3.7 per cent for 2024-25.
18 July,2024 12:40 PM IST | Delhi | ANI
The report said the agriculture and allied activities sector growth was only 1.9 per cent because it was hit by the scarcity situation.
28 June,2024 06:01 AM IST | Mumbai | A Correspondent
Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.
07 June,2024 11:43 AM IST | Mumbai | mid-day online correspondentADVERTISEMENT
