RBI, UAE Central Bank sign 2 MoUs to Promote Local Currencies for Cross-border Transactions, Interlinking Payment and Messaging Systems
July 17, 2023
In a bid to facilitate seamless cross border transactions and payments, and foster greater economic cooperation between the two countries
India Registers Remarkable Reduction In Poverty With 415 Million People Coming Out Of It In 15 Years: UN Report
July 11, 2023
A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the UN said, highlighting the remarkable achievement by the world’s most populous nation.
India Manufacturing PMI Eases to 57.8 in June: S&P Global
July 5, 2023
According to the survey-based S&P Global India Manufacturing Purchasing Managers' Index (PMI), manufacturing growth in June showed a slight moderation.
Cement industry production to grow 7-8 pc; gives ‘stable’ outlook: ICRA
July 3, 2023
The domestic cement industry is expected to have a volumetric growth of 7-8 per cent in FY24, helped by a rise in demand from the housing and infrastructure sector, a report by credit ratings agency, ICRA said, giving a 'stab ...
Piyush Goyal Asks Bankers to Ensure Enhanced and Affordable Credit To MSMEs To Achieve Target of 1 Trillion Dollar Merchandise Exports
June 30, 2023
At a meeting, to discuss the issue of increasing availability of export credit to the MSME exporters.Union Minister of Commerce & Industry,
Swaminathan J appointed as RBI Deputy Governor
June 27, 2023
Swaminathan J has taken charge as the Deputy Governor of Reserve Bank of India. He has been appointed to the post of Deputy Governor
WPI Falls to -3.48% in May, 2023
June 15, 2023
Continuing its downward trend, the annual rate of inflation based on all India Wholesale Price Index (WPI) numbers fell - 3.48% (Provisional) for the month of May, 2023 (over May, 2022) against - 0.92% recorded in April, 202 ...