Paytm Payments Bank Gets Nod for Bill Payments, FASTag Recharge, More
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as a Bharat Bill Payment Operating Unit (BBPOU). Under Bharat Bill…
Cryptocurrencies Nothing But Gambling, Their Value Make-Believe: RBI Governor
New Delhi: Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and their perceived “value is nothing…
Opinion: Digital Currency Needs To Feel Real. Here’s The Reason Why
Five years ago, central bank digital currencies were a curiosity. Now, they’re a fad. More than 40 economies are running pilots or are in the pretrial development phase, in addition…
Worst Of Inflation Behind Us, But No Room For Complacency: RBI Governor
The worst of inflation is behind us, the RBI governor said today.(File)Mumbai: The worst of inflation is behind us, but there is no room for complacency in the fight against…
RBI Hikes Rates By A More Modest 0.35% To 6.25%, Cites Slowing Inflation
The Reserve Bank of India hiked its key lending rate by a more modest 35 basis points to 6.25 per cent, citing slowing inflation, after three consecutive 50-bps (basis points)…
Sensex Falls A Modest 45 Points Ahead Of RBI’s Policy Decision
Stock Market India: Sensex, Nifty open in the green ahead of RBIIndian equity benchmarks fell after see-sawing between gains and losses in early trade on Wednesday, extending losses for the…
RBI Monetary Policy Committee Live: Monetary Policy Meet Today, RBI Set to Raise Rates
RBI Monetary Policy: RBI is expected to raise its key lending rate by 35 basis points today.New Delhi: The Reserve Bank of India (RBI) is widely seen raising its key…
Rupee Fared Relatively Well Versus Other Emerging Market Currencies: World Bank
The World Bank has revised India’s 2022-23 GDP growth forecast upward to 6.9 per cent. (File)New Delhi: Indian rupee has fared relatively well in 2022 in comparison to other emerging…
RBI Expected To Raise Rate To 6.25% in December: Report
The RBI also has to consider the potential pressure on the rupee.(File)Bengaluru: The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in…
Crypto Allures Indians With 3,100% Returns, They’re Ignoring Risks
The multilevel marketing model based on referral fees is highly risky.Sanjay Kamble hit the jackpot when an obscure token he’d invested in surged about 3,100% in eight months. He ditched…