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India’s forex reserves perks up to $429.91 bn

India’s forex reserves perks up to $429.91 bn

Mumbai: As per the official data, India''s foreign exchange reserves increased by $2.232 billion during the week ended July 5. According to the Reserve Bank...
I do not want a single rupee for my fiscal: Jaitley

I do not want a single rupee for my fiscal: Jaitley

New Delhi: Speaking about the Reserve Bank of India surplus, Finance Minister Arun Jaitley said that he do not want a single rupee form...
Are you a debit/credit card user? Here’s a warning!

Are you a debit/credit card user? Here’s a warning!

According to the directive issued by the Reserve Bank of India, all the debit and credit cards which are magnetic stripe cards will soon...
Why Mahatma Gandhi’s picture feature on Indian currency?

Why Mahatma Gandhi’s picture feature on Indian currency?

From being taught in the school about the legendary freedom fighter Mahatma Gandhi, everyone grew up studying history and especially studying the efforts that...
Rupee crashes to its lowest ever, we are very concerned: Mamata Banerjee

Rupee crashes to its lowest ever, we are very concerned: Mamata Banerjee

New Delhi: Showing her concern for the decreasing value of rupee, West Bengal Chief Minister Mamata Banerjee said that rupee crashes to its lowest...
India’s May wholesale inflation mounts to 4.43 percent

India’s May wholesale inflation mounts to 4.43 percent

As per the Commerce Ministry data, a major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for...
Repo rate hiked by 25 basis points to 6.25 percent by RBI

Repo rate hiked by 25 basis points to 6.25 percent by RBI

A central bank statement today said that subsequent to a cycle of rate cuts begun in January 2015, the RBI today raised its key...
India’s foreign exchange reserves plunge by $2.23 bn

India’s foreign exchange reserves plunge by $2.23 bn

Official data showed that India's foreign exchange (Forex) reserves plunged by $2.23 billion as on May 25 and as per the Reserve Bank of...
Country’s growth is expected to accelerate next fiscal: RBI governor

Country’s growth is expected to accelerate next fiscal: RBI governor

Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal and sssertedg that the Indian...

It is better to do mergers when banks are healthy: Raghuram Rajan

The Reserve Bank of India’s former governor Raghuram Rajan today stated that it is only better to do mergers when banks are healthy than...

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