Search For "monetary"
Strong economic growth gives RBI more room to hike interest rates: Report
Updated : 3 years, 6 months ago IST
New Delhi [India], August 25 (ANI): Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS Group Research said in a report on Thursday.
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Pakistan government imposes PKR 36 billion tax on cigarettes
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 23 (ANI): The Pakistan government on Monday imposed an additional PKR (Pakistani Rupees) 36 billion new tax on cigarettes and PKR 2 billion tax on tobacco processing to get an additional Rs38 billion in taxes.
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Crypto trade growing in Asia, need regulatory frameworks to protect invest
Updated : 3 years, 6 months ago IST
New Delhi [India], August 23 (ANI): Digitalization of the payment system can aid in the transition to the environmentally-conscious method of payments and also foster financial inclusion but at the same time crypto assets can pose risks to financial stability, the International Monetary Fund
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RBI imposes monetary penalty on Swagatam Marketing
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 22 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Swagatam Marketing Private Limited, Kolkata, for non-compliance with NBFC-related norms.
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IMF delegation to visit Sri Lanka next week
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], August 20 (ANI): A delegation of the International Monetary Fund (IMF) is all set to visit Sri Lanka next week.
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Inflation remains unacceptably and uncomfortably high: RBI Governor at MPC
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee
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Jaipur woman succumbs to injuries after being set on fire
Updated : 3 years, 7 months ago IST
Jaipur (Rajasthan) [India], August 18 (ANI): A woman succumbed to her injuries after she was set ablaze by a group of people over a monetary dispute in Jamwa Ramgarh in Jaipur district on August 16. The victim was a teacher in a private school in Ramgarh.
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Why Blame China for lending money to the needy
Updated : 3 years, 7 months ago IST
London [UK], August 17 (ANI): Whether the World Bank (WB), International Monetary Fund (IMF), or the United States of America, (USA) like it or not, today China is the world's largest official creditor. Beijing is walking the distance where needed donning the mantle of the Modern-Day Good Sa
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Pak Army Chief Bajwa likely to visit US, says report days after he seeks U
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 16 (ANI): Days after Pakistan's Army Chief General Qamar Bajwa requested Washington for help in securing an early disbursement of funds from the IMF, Islamabad's most influential man Bajwa is likely to visit US, media reports said citing diplomatic sources.
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Soneva expands into the world of cryptocurrencies
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 16 (ANI/NewsVoir): Luxury hospitality pioneer Soneva is now accepting Bitcoin and Ethereum cryptocurrencies across each of its resorts in the Maldives and Thailand. Continually welcoming innovation to allow guests to personalise their bespoke experience b
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Gold -- a source of return on investments amid monetary policy tightening:
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Against the backdrop of monetary policy tightening by several central banks including the Reserve Bank of India, gold as an asset may offer investors a source of return on their investments and effective diversification of the portfolio, said World Gold Co
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RBI imposes monetary penalty on Goa State Co-operative Bank
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 2.51 lakh on the Goa State Co-operative Bank Ltd, Panaji, for non-compliance with certain provisions of the Banking Regulation Act.
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