Month: April 2023

Shares in Chinese cybersecurity company 360 Security Technology plunged on Thursday after the firm announced that its billionaire founder Zhou Hongyi and his wife were divorcing and that he would … Read More

Reserve Bank Governor Shaktikanta Das today exuded confidence that India’s current account deficit (CAD), a key external sector indicator, is likely to remain moderate in the January-March quarter of 2022-23 … Read More

The Reserve Bank today announced to set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries across various banks. About Rs 35,000 crore unclaimed … Read More

The Reserve Bank of India (RBI) Governor Shaktikanta Das today decided to pause repo rate hikes, maintaining the key benchmark interest rate at 6.5 percent. The central bank has already … Read More

RBI Governor Shaktikanta Das said despite the decision to pause a rate hike, the MPC would not hesitate to raise it in the future | The Hindu

Resurging oil prices, tight money may dent consumption, investment hopes   | The Hindu

What transactions does the new interchange charge via UPI apply to? What are prepaid payment instruments and are they currently interoperable? Why did the RBI mandate interoperability among different PPI … Read More

The World Trade Organization today said that 2023 global trade growth would be slightly better than feared, but would remain “subpar”, weighed down by the Ukraine war and stubbornly high … Read More

The country may look at importing dairy products if needed as there is a supply constraint for such items due to milk production remaining stagnant in the last fiscal, a … Read More

Indian shares advanced today, aided by strong quarterly updates from finance companies and banks, while inflation concerns kept investors cautious a day ahead of the Reserve Bank of India’s (RBI) … Read More