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Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.
Updated : 2 years, 3 months ago IST
According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets, amounting to USD 40.7 billion, outpacing the increase in foreign-owned assets within India, which stood at USD 28.5 billion.
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Only one in ten MSMEs claim to have expertise about the benefits of sustai
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], March 27: The SIDBI - D&B Sustainability Perception Index (SPeX), also known as the 'green pulse indicator,' increased by around 5% to 55 during October-December 2023 compared to the previous quarter, primarily on account of improved willingness of MSMEs to
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Maharashtra, Uttar Pradesh spearhead India's post-pandemic growth: SBI rep
Updated : 2 years, 3 months ago IST
According to the latest findings from the State Bank of India (SBI) Research, out of the 235 basis point (bp) growth, Maharashtra and Uttar Pradesh emerged as frontrunners, contributing 56 and 40 bps respectively, while the remaining 90 bps stemmed from other states.
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Innoviti Receives RBI's Final Authorization to Operate as an Online Paymen
Updated : 2 years, 3 months ago IST
Bengaluru (Karnataka) [India], March 27: Innoviti Technologies Pvt. Ltd., India's largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it has received the final authorization from the Reserve Bank of India (RBI) to operate a
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"38 corporates donated Rs 2,004 cr to BJP through electoral bonds": Priyan
Updated : 2 years, 3 months ago IST
Congress leader Priyanka Gandhi Vadra on Sunday hit out at the BJP over the electoral bond scheme, saying never in the history of the country did any government gave legal validity to corruption.
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At USD 642.49 billion, India's foreign exchange reserves hit all-time high
Updated : 2 years, 3 months ago IST
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week that ended on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion.
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RBI offices to remain open for greater convenience of taxpayers on March 3
Updated : 2 years, 3 months ago IST
In a statement on special measures for the current financial year (2023-24) and in the wake of the annual closing of government accounts, the Reserve Bank said that electronic transactions can be done till the stipulated time on both days (March 30 and March 31).
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EC releases fresh electoral bonds data, includes unique alphanumeric code
Updated : 2 years, 3 months ago IST
The Election Commission on Thursday published the complete electoral bond data submitted by the State Bank of India on the orders of the Supreme Court. The frresh data includes alpha-numeric numbers that can help match the purchasers of the bonds with the political parties that encashed t
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Rahul Gandhi should clarify from where he got his 'hafta vasooli' : Amit S
Updated : 2 years, 3 months ago IST
Responding to Rahul Gandhi's reference to electoral bonds as 'hafta vasooli', Union Home Minister Amit Shah, on Wednesday said that Rahul Gandhi needs to clarify where he obtained Rs 1,600 crore termed as 'hafta vasooli'.
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Government requests all agency banks to remain open for public on March 31
Updated : 2 years, 3 months ago IST
According to Reserve bank of India, this decision comes with the objective of ensuring that all government transactions related to receipts and payments for the fiscal year 2023-24 are accounted for within the stipulated timeframe.
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Disclose all details in possession, including the Electoral Bonds' unique
Updated : 2 years, 3 months ago IST
The Supreme Court on Monday directed the State Bank of India (SBI) to disclose all details in its possession including the Electoral Bonds' unique alphanumeric numbers to the Election Commission corresponding to each bond.
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SC asks SBI to disclose Electoral Bonds' numbers forthwith; ask chairman t
Updated : 2 years, 3 months ago IST
Further, he mentioned that bank chairman will have to submit an affidavit, saying that he has disclosed all the details related to bonds.
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