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India's wholesale inflation moderates further to fall below 5 pc
Updated : 3 years, 2 months ago IST
The wholesale price index (WPI)-based inflation had been in double digits for 18 months in a row till September.
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Need to promote energy security to 'oil-proof' Indian economy from adverse
Updated : 3 years, 2 months ago IST
The paper lays thrust on the need for a policy for promoting energy security and sustainability.
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RBI imposes penalty of Rs 30L on Delhi-based Bahadur Chand Investments
Updated : 3 years, 2 months ago IST
This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers, RBI said.
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What experts have to say about further easing retail inflation
Updated : 3 years, 2 months ago IST
India's retail inflation rate based on Consumer Price Index was 5.88 per cent in November from 6.77 per cent during October. Retail inflation in India had remained above 6 per cent till October for over three quarters, which was beyond RBI's comfort zone.
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India's forex reserves dip by USD 1.3 bln in first week of 2023
Updated : 3 years, 2 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined by USD 1.747 billion to USD 496,441 billion.
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Home Loan Interest Rates Are Rising. How Does It Affect You
Updated : 3 years, 2 months ago IST
New Delhi [India], January 13 (ANI/ATK): With rising costs, different financial institutions have increased the interest rate on home loans. This can turn out to be an additional burden on your finances and lead to disruption of your monthly budget. This can lead your family to compromise
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India's retail inflation eases to 5.72 pc in December
Updated : 3 years, 2 months ago IST
Retail inflation in India was above 6 per cent till October, which was beyond RBI's comfort zone.
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EnKash gets RBI's in-principle nod to operate as payment aggregator
Updated : 3 years, 2 months ago IST
Payment aggregators are intermediaries playing an important function in facilitating payments in the online space.
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Government extends term of RBI Dy Governor Michael Patra by one year
Updated : 3 years, 2 months ago IST
As per the RBI statement, Patra has been re-appointed for a further period of one year with effect from January 15, 2023, or until further orders, whichever is earlier.
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RBI imposes Rs 3-lakh penalty on Shirpur Peoples' Co-operative Bank in Mah
Updated : 3 years, 2 months ago IST
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, RBI said.
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RBI imposes monetary penalty on 5 cooperative banks for rules violation
Updated : 3 years, 2 months ago IST
The Reserve Bank of India (RBl) has imposed a monetary penalty on five cooperative banks for some contravention or for non-compliance with varied central bank directions.
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Ocugen announces positive top-line data for Covaxin in US trials
Updated : 3 years, 2 months ago IST
A release said that Covaxin has been demonstrated in clinical trials to generate a broader immune response "against the whole virus covering important antigens such as S-protein, RBD, and N-protein whereas currently approved vaccines in the US target only S-protein antigen"
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