RBI keeps repo rate unchanged for 9th time in a row at 6.5%

RBI retains repo fee unchanged for ninth time in a row at 6.5%

[ad_1] MUMBAI: Reserve Financial institution of India governor Shaktikanta Das on Thursday introduced the financial coverage committee’s determination to maintain charges on maintain for the ninth consecutive time, citing robust demand and the necessity to preserve inflation’s declining trajectory.“The MPC determined by a majority of 4:2 to maintain the ... Read more
NPCI may be planning to 'dump' OTPs, PINs for UPI transactions

NPCI could also be planning to ‘dump’ OTPs, PINs for UPI transactions

[ad_1] The Nationwide Funds Company of India (NPCI) is reportedly discussing partnerships with a number of startups to introduce biometric authentication for Unified Funds Interface (UPI) transactions.In accordance with sources conversant in the matter, as reported by MoneyControl, the proposed system would enable customers to authenticate UPI funds utilizing ... Read more
'Pressured RBI to ... ': Sitharaman's 'Harvard & Oxford' dig at Chidambaram | India News

‘Pressured RBI to … ‘: Sitharaman’s ‘Harvard & Oxford’ dig at Chidambaram | India Information

[ad_1] NEW DELHI: Finance minister Niramala Sitharaman, replying to the opposition on the Union Budget on Tuesday, took a veiled dig at senior Congress chief P Chidambaram, saying the "Harvard and Oxford educated" leaders did not include the inflation as they adopted "reckless insurance policies".Sitharaman stated the nation witnessed ... Read more