The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively from the financial year 2023-24.
US President Joe Biden announced that America will pledge USD 4 Billion over the period of next 3 years to replenish the World Bank's International Development Association.
New Delhi [India] November 19: MMAD Communications, a leading technology solutions provider in digital payments, announced that it is launching a new payment aggregator brand 'Mpay', post its receiving final authorization to this effect from the Reserve Bank of India (RBI). Mpay will enable
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI.
The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barclays Bank.
New Delhi [India], November 19: SEBI's new rules on equity index derivatives are all set to hit the market on November 20, 2024. The three new rules on index options and futures have been introduced to protect the small traders who have made alarming losses in the past. So, let's know in det
Roberta Gatti, Chief Economist of the Middle East and North Africa (MENA) region of the World Bank, emphasised confidence in the continued growth of the UAE's economy during 2024 and 2025.
The banking community should view MSMEs not merely as a sector of risk but as a sector brimming with opportunity, Finance Minister Nirmala Sitharaman said on Monday and noted that cash flow-based lending has the transformative potential to address the working capital requirements of MSME uni
State owned banking PSU, State Bank of India (SBI) will open 500 new branches in the financial year (FY) 2025, Union Finance Minister Nirmala Sitharaman said on Monday.