Reserve Bank of India: Latest News on Reserve Bank of India

No Consideration To Levy Charges On UPI, Clarifies Finance Ministry

August 22, 2022

The Finance Ministry published a clarification regarding the notion that UPI services would be charged after the RBI report. The ministry said the government has no plans to charge for UPI services. They said that, in fact, the government has announced financial

Higher Emission Reduction Targets Will Help India’s Fossil Fuel Giants, Suggests IEEFA’s Study

TC Web Desk

August 12, 2022

Latest News·News

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday said robust decarbonization plans that align with climate science-based net zero targets will be critical to mobilizing this rising tide of sustainable finance. The IEEFA report compared

Banks In India Reported 248 Data Breaches In The Last 4 Years

TC Web Desk

August 3, 2022

Latest News·News

Indian banks reported 248 successful data breaches by hackers and fraudsters between June 2018 and March 2022, the government told the Parliament. Union Minister of State for Finance Bhagwat Karad told Parliament that most of these data breaches were related to card

Over Six Lakh Crore FDI Inflow in FY 21-22

Girja Shankar Kaura

July 29, 2022

Latest News·News

India has received its highest ever Foreign Direct Investment (FDI) inflow of Rs 6,31,050 crores in Financial Year 2021-22, the Ministry of Commerce and Industry has said. According to the information provided by the ministry, FDI equity inflow in manufacturing sectors increased

RBI Wants To Ban Cryptocurrencies, Says Finance Minister Nirmala Sitharaman

TC Web Desk

July 19, 2022

Latest News·News

Union Finance Minister Nirmala Sitharaman on Monday said that the Reserve Bank of India (RBI) is in favour of the cryptocurrency ban as it is concerned about its destabilizing effect on monetary and fiscal stability. “In view of the concerns expressed by

GST Rate Hike: List Of Items That Will Get Costlier From Today

TC Web Desk

July 18, 2022

Latest News·News

Many household items, bank services, hotels and more will become costlier from today (July 18) as the GST rates hiked on several items at the 47th Goods and Services Tax Council meeting last month comes into effect today. The GST council had

Food Prices Expected To Remain High Due To Inflationary Pressures

TC Web Desk

July 14, 2022

Latest News·News

India’s retail inflation, based on Consumer Price Index (CPI) dropped marginally to 7.01% for the month of June as compared to 7.04% percent in May. However, food prices are expected to remain high as inflation rate of vegetables shot up by 17.37%,

Trapped By The Web

Jayanta Bhattacharya

June 3, 2022

Top Story

In India, more than five cases of cybercrime are reported on an average every hour, according to the statistics compiled by the National Crime Records Bureau (NCRB). The Bureau, under the Ministry of Home Affairs, is responsible for collecting and analysing crime

Crypto Could Seriously Harm India’s Financial, Macroeconomic Stability: RBI Guv

Tannuka Juneja

May 24, 2022

Latest News·News

India’s position on cryptocurrencies has not always been clear, Reserve Bank of India Governor Shaktikanta Das reiterated on Monday, May 23. The RBI governor said that the central bank had warned against cryptocurrencies for a long time and now it has collapsed.

Inflation Affected More Haves Than Have-Nots in FY22, Says Finance Ministry

Tannuka Juneja

May 13, 2022

Latest News·News

Writing in the monthly economic review report for April, the union finance ministry has said, the poor were hurt less by higher prices in FY22 as compared to the rich. In FY22, inflation for the bottom 20 percent of urban consumers fell

No Consideration To Levy Charges On UPI, Clarifies Finance Ministry

Higher Emission Reduction Targets Will Help India’s Fossil Fuel Giants, Suggests IEEFA’s Study

Banks In India Reported 248 Data Breaches In The Last 4 Years

Over Six Lakh Crore FDI Inflow in FY 21-22

RBI Wants To Ban Cryptocurrencies, Says Finance Minister Nirmala Sitharaman

GST Rate Hike: List Of Items That Will Get Costlier From Today

Food Prices Expected To Remain High Due To Inflationary Pressures

Trapped By The Web

Crypto Could Seriously Harm India’s Financial, Macroeconomic Stability: RBI Guv

Inflation Affected More Haves Than Have-Nots in FY22, Says Finance Ministry

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