UPI’s international linkages show it can be global model for cross-border payments: RBI governor Das
RBI Governor Shaktikanta Das. PTI The linkage of the India’s Unified Payments Interface and the fast payment systems of a few other countries drives home the potential of the UPI to become an international model for cross-border payments, Reserve Bank…
Reliance Foundation partners with NSDC to skill 500,000 youth for future-ready careers
The MoU exchange event happened in the presence of Union Minister Dharmendra Pradhan, Minister of Education and Minister of Skill Development and Entrepreneurship, and Jagannatha Kumar, CEO, Reliance Foundation. Source: X/@ril_foundation To prepare 500,000 Indian youths with future ready skills…
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Reliance Industries Ltd becomes India’s first to surpass Rs 20 lakh crore in market capitalisation
Reliance Industries Ltd became India’s first company to surpass Rs 20 lakh crore in market capitalisation on Tuesday, after shares of Mukesh Ambani-backed firm rallied over 14 per cent till date in 2024. Reliance Industries Ltd stock hit a new…
India narrows gap with China in MSCI Global standard index with weightage hitting all time high of 18.2%
The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS. India has narrowed the gap with China in MSCI’s Global Standard index, which tracks emerging market stocks for investors, after the latest revision. Index provider MSCI raised,…
Gold prices tepid as focus turns to US Fed in data-packed week
Representational image. Reuters In trading that was slack due to the holidays, gold prices remained unchanged on Monday as investors anticipated comments from many US Federal Reserve officials during a week full of data. As of 0523 GMT, spot gold…
India’s UPI launched in Sri Lanka, Mauritius; first transaction successfully conducted in both nations
India’s Unified Payment Interface (UPI) has been launched in Sri Lanka and Mauritius on Monday, 12 February. The rollout of India’s UPI was done via video conferencing in the presence of Prime Minister Narendra Modi, Sri Lankan President Ranil Wickremesinghe…
RBI retains repo rate at 6.5 pc for sixth consecutive time
RBI Governor Shaktikanta Das. ANI The Reserve Bank of India on Thursday decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in…
RBI Monetary Policy Committee projects GDP growth at 7% for next fiscal
RBI Governor Shaktikanta Das. ANI The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal. Announcing the…