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Directorate General of Foreign Trade issues details of interest subvention
Updated : 2 months, 1 week ago IST
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
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DFS Secretary chairs Inter-Departmental Committee meeting to consider fore
Updated : 2 months, 1 week ago IST
It was attended by member ministries or departments, i.e., the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA), the Department of Commerce (DoC) and the Reserve Bank of India (RBI), according to an official release by the Ministry of Finance.
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"Increased police patrolling, cleaner and safer environment": Karti P Chid
Updated : 2 months, 1 week ago IST
Congress MP Karti P Chidambaram on Friday outlined governance priorities for 2026, calling for stronger police patrolling and better civic infrastructure to improve daily life.
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"Will push them back within a week of being declared foreigner:" Assam CM
Updated : 2 months, 1 week ago IST
Assam Chief Minister Himanta Biswa Sarma on Thursday said that the state government will push back a person within one week of being declared a foreigner by the tribunal.
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Indian economy remains sound amid persistent global challenges: RBI
Updated : 2 months, 2 weeks ago IST
Benign inflation in India, fiscal consolidation, and prudent macroeconomic policies have enhanced economic resilience, the RBI report noted on Wednesday.
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President Droupadi Murmu to grace SOAR programme and confer AI certificate
Updated : 2 months, 2 weeks ago IST
President Droupadi Murmu will grace a special programme under SOAR - Skilling for AI Readiness, an initiative of the Skill India Mission, on Thursday, January 1, 2026, at 11:00 AM at the Rashtrapati Bhavan Cultural Centre (RBCC), New Delhi.
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RBI grants BRISKPE final PA authorisation under Cross-Border Inward & Outw
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 30: BRISKPE, the Prosus-backed cross-border payments platform, today announced it has received the Reserve Bank of India's final authorisation to operate as a Payment Aggregator-Cross Border (PA-CB) under the Payment and Settlement Systems Act, 2007, en
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Govt announces weekly treasury bill auctions worth Rs 3.84 lakh crore for
Updated : 2 months, 2 weeks ago IST
The Government of India, in consultation with the Reserve Bank of India (RBI), released the auction calendar for Treasury Bills for the quarter ending March 2026, outlining the schedule and notified amounts for various short-term Government of India securities.
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RBI releases Comprehensive Statistical Tables on Indian banking sector for
Updated : 2 months, 2 weeks ago IST
The Reserve Bank of India (RBI) on Monday released its latest web publication titled 'Statistical Tables relating to Banks in India: 2024-25', which provides a detailed look at the activities of the country's banking sector.
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Indian commercial banking sector remained resilient during 2024-25: RBI Re
Updated : 2 months, 2 weeks ago IST
The Indian banking sector showed a strong and steady performance during the 2024-25 period, according to a recent report released by the Reserve Bank of India (RBI). The banking industry maintained its strength through a healthy expansion of its balance sheets, which measures the total value
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RBI rate cuts, reforms to support India's growth in 2026: Invesco Report
Updated : 2 months, 2 weeks ago IST
However, in terms of Emerging Market (EM) Equities, Invesco report said the EM equities have the most attractive valuations relative to other regions, albeit with wide variation within EM. "We anticipate Chinese stocks to continue to outperform while India may struggle."
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Rupee stabilises after breaching 90 mark, worst phase may be over: Report
Updated : 2 months, 2 weeks ago IST
The Indian rupee, which breached the psychological level of 90 against the US dollar earlier this month, has shown signs of stabilisation, with recent movements indicating that the worst phase of depreciation may be behind, according to a market report by Invesco Mutual Fund.
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