MUMBAI, Jan 17 (Reuters) – India’s economic growth is poised to rebound as domestic demand regains strength, but “stickiness” in food inflation warrants careful monitoring, the RBI (Reserve Bank of India) said in its monthly bulletin released on Friday. In India, there
New Delhi, Sep 4 (PTI) The State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to
New Delhi, Sep 1 (PTI) The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday. The collection from Goods and Services
Mumbai, Aug 26 (PTI) The Reserve Bank of India (RBI) is likely to rely on liquidity management to tackle a spike in vegetable prices which are more temporary in nature, but it could hike rates if cereal inflation begins to pick up,
NEW DELHI, Aug 25 (Reuters) – India’s finance minister on Friday said taming inflation was a priority, and that hiking interest rates was not the only tool available. “Obsession to use interest rates as the only tool to deal with inflation and
