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Extreme poverty in India falls by over 21%: World Bank

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day. Image......

RBI Dividend To Help Govt With Defence Budget

Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan. Photograph: Francis Mascarenhas/Reuters The......

Remittance tax: Cost of sending money home to rise for Indians in US

The cost for Indians in the US sending money back home will rise, with their total annual outgo is likely to cross $1.6 billion as the Trump administration plans to impose a 5 percent tax on......

'Marathis Are Anxious About Survival'

'Maharashtrians are facing a dual battle -- numerical battle with North Indians and financial battle with Gujaratis and Marwaris.''This has created anxiety about survival and ownership over Mumbai......

On India's request, Interpol issues 1st silver notice

The Interpol has issued the first Silver notice on India's request to track the global assets of former French embassy officer Shubham Shokeen, who is wanted in connection with a visa fraud,......

Flipkart gets lending licence from Reserve Bank

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in......

Bank of Baroda, HDFC Bank reduce lending rates

State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Illustration: Uttam Ghosh/Rediff......

Foreign fund inflows, ICICI Bank and RIL boost markets

Benchmark equity indices Sensex and Nifty ended higher on Thursday, driven by buying in blue-chip stocks ICICI Bank and Reliance Industries amid fresh foreign fund inflows and firm global market......

India's forex reserves rise $2.29 bn to $698.95 bn

India's forex reserves rose $2.29 billion to $698.95 billion for the week ended June 13, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had increased by $5.17......

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the......

Reserve Bank

News for Reserve Bank

Extreme poverty in India falls by over 21%: World Bank

RBI Dividend To Help Govt With Defence Budget

Remittance tax: Cost of sending money home to rise for Indians in US

'Marathis Are Anxious About Survival'

On India's request, Interpol issues 1st silver notice

Flipkart gets lending licence from Reserve Bank

Bank of Baroda, HDFC Bank reduce lending rates

Foreign fund inflows, ICICI Bank and RIL boost markets

India's forex reserves rise $2.29 bn to $698.95 bn

RBI cuts CRR to unlock Rs 2.5 lakh crore liquidity for banks

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