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Economy
RTGS Services to Be Available 24X7 from Tonight
Mumbai: The RTGS for high-value transactions is now available round-the-clock on all days from 00:30 hours today (December 14).
This has been informed by RBI Governor Shaktikanta Das.
“RTGS facility becomes operational 24X7 from 12.30…
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Newsroom: Business Headlines
1.Brewing the right tea in the time of the coronavirus pandemics
2.Post-Covid world order holds limitless opportunity for India: Chandrasekaran
3.Workers vandalise Wistrons iPhone plant in Karnataka over unpaid salaries
4.Dash101,…
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Newsroom: Business Headlines
1.Govt extends BSNL's unified license for 20 years on Rs 250 crore bank guarantee
2.RBI extends TLTRO facility to 26 sectors identified by Kamath Committee
3.Industry output grows 3.6% in October as electricity, mining recover…
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Newsroom: Business Headlines
1.Nomura says India would be Fastest Growing Asian Economy in 2021
2.Low govt Spending the main Impediment to Real Economic Stimulus in India
3.South Africa Business Group Urges Reforms to Boost Fragile Mood
4.IT Department…
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Newsroom: Business Headlines
1.Fitch Improves Forecast of Indian Economy — sees GDP Contraction of 9.4% for FY21
2.Indian Economy to Enter 'Goldilocks' Phase in 2021, says Morgan Stanley: What this means
3.Mukesh Ambani Optimistic on Economic Bounce back, says…
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Newsroom: Business Headlines
Indians to benefit as US court orders full reinstatement of DACA programme
Robust IP regime is key for India's goal of $1 tn digital economy: Biswal
Fiscal deficit may hit 8% of FY21 GDP on additional govt borrowing: Experts
Farmer…
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GDP Contrasts 7.5% in Q2, Indian Economy Enters Technical Recession
New Delhi: The gross domestic product (GDP) has contracted 7.5 per cent in the second quarter ( July-September ) period, as the economy showed the sign of rebound from a record slump of 23.9 per cent in the previous quarter.
Today's data…
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Lakshmi Vilas Bank Placed under Moratorium, RBI Proposes Merger with DBS Bank India
Mumbai: Lakshmi Vilas Bank has been put under moratorium effective 6 pm, November 17 until December 16, a RBI release said.
The moratorium has been imposed on the basis of application submitted by RBI under Sec 45 of BR Act.
RBI also…
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FM Nirmala Sitharaman Announces Atmanirbhar Bharat 3.0 to Revive COVID-Hit Economy
New Delhi: Union Finance Minister Nirmala Sitharaman today announced a slew of stimulus measures under Atmanirbhar Bharat 3.0 to revive the economy hit by COVID-19 pandemic.
Addressing a press conference, the Finance Minister said that…
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15th Finance Commission Submits Its Report for 2021-22 to 2025-26 to President
New Delhi: The Fifteenth Finance Commission (XVFC) led by Chairman N K Singh, today submitted its Report for the period 2021-22 to 2025-26 to the President of India Ram Nath Kovind.
As per the terms of reference (ToR), the Commission was…
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