Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on the whole, the Reserve Bank of India (RBI) on Wednesday has capped merchant discount rate (MDR) and will create a framework for asset-light acceptance infrastructure.
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
New Delhi [India], Nov 21 (ANI): Credit rating agency, ICRA, on Tuesday said that it expects the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms to record a sequential recovery to 6.3 percent in Q2 FY2018 from 5.6 percent in Q1 FY2018.
Sivaganga (Tamil Nadu) [India], June 2 (ANI): Following the release of the Gross Domestic Product (GDP) Gross Value Added (GVA) figures for 2016-17 showing sliding of the economy by 1.3 percent, former finance minister P. Chidambaram on Friday trained the guns on the Centre for ridiculing th
New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.
New Delhi,[India] Jan.7 (ANI):"The advance estimates for Gross Domestic Product (GDP) as well as Gross Value Added (GVA) growth for FY17 released today are in line with the estimates of the RBI, pointing towards slow growth " said Mr. Pankaj Patel, President, FICCI.