The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
Riding on the gains from the previous financial year, Indian stock indices kicked off the new fiscal 2024-25 on a bullish note. The benchmark indices - Sensex and Nifty - hit fresh all-time highs on Monday
For promoting ease of doing business, the Excise and Taxation Department, U.T., Chandigarh had included a provision in the new Excise Policy 2024-25 for enabling automated renewal of liquor brand/label registration through an online portal, an official statement said.
The rates of interest on various Small Savings Schemes for the first quarter of FY 2024-25 starting from 1st April, 2024 and ending on 30th June, 2024 shall remain unchanged.
The rate of interest for the Sukanya Samridhi Scheme is 8.2 per cent while for three-year term deposits, the interest rate is 7.1 per cent. Similarly, Public Provident Fund gives one interest rate of 7.1 per cent. Kisan Vikas Patra gives interest rate at 7.5 per cent, annually.
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
Recognised private schools in Delhi that have land allotted by the government must get the prior approval of the Directorate of Education before increasing fees for the 2024-25 academic session, stated an official order by the Delhi government.
The central government has kept the interest rates unchanged on various small savings schemes for the first quarter of the next financial year, beginning April 1.
The central government plans to raise Rs 7.5 trillion through market borrowing in the first half of 2024-25 (April-September), an official release from finance ministry said on Wednesday.
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
Opening batter Quinton de Kock and speedster Anrich Nortje got dropped as Cricket South Africa on Tuesday announced the Proteas men's and women's contracted squad for 2024/25.
S&P Global Ratings forecast rate cuts of up to 75 basis points (100 basis points is equal to 1 percentage point) in India by its central bank in the financial year 2024-25.