Panel set up in May 2022 has recommended ways in which RBI's regulated entities can improve customer service, including easing KYC norms & removing limits on UPI transactions.
According to the govt's first preliminary estimates released mid-May, April services exports stood at $30.36 billion, while services imports totalled $16.50 billion.
Deputy governor MK Jain sought banks to ensure their actions comply with intended purpose and principles of regulation and not just stick to literal or technical interpretation.
RBI has hiked interest rates by 250 basis points since May 2022 to combat inflation. Study by central bank says growth might have been ‘sacrificed’ by 65 basis points due to this.
During the year, RBI saw a gain of 1.03 trillion rupees from foreign exchange transactions, which allowed it to increase the size of its contingency fund, the report showed.
Union Govt’s MyGov Twitter handle and State Bank of India together put to rest some concerns that arose following RBI’s Friday announcement to discontinue the Rs 2,000 note.
There is an increase in allergies, food intolerances and gut issues. These can all be linked to genetically modified high-yielding food varieties of wheat grown to eradicate world hunger, but clash with our DNA.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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