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What is the Difference between Bank Rate and Repo Rate?
The fundamental difference between a bank rate and a repo rate is their purpose and duration.
Remittances from overseas Indians surged to $29 billion in Q3 of FY 24
Net inward remittances during the quarter was the highest figure since 1991
World leaders must pool in resources to achieve equitable economic...
As far as India is concerned, growth for 2025 is projected at 6.5%
IL&FS MF pays Rs 600 cr to debt infra investors
New Delhi: IL&FS Mutual Fund on Wednesday said it has paid a little over Rs600 crore to investors in its infrastructure debt fund. The debt scheme...
Food price hike apprehensions still worry MPC members
The April MPC meeting minutes reflect RBI’s comfort on favourable domestic dynamics, while concerns remained around the possibility of food price...
Re most stable among major currencies: RBI Guv
In previous 3 years, home currency exhibited lowest volatility in 2023-24
India building up gold reserves
However,RBI Governor didn’t give any specifics on quantum of gold buys
RBI retains rate, sees 7% growth
Repo rate remains at 6.5% for 7th time amid food inflation concerns; Forecast on inflation for FY25 at 4.5%, GDP growth at 7%; Home, auto EMIs to...