December 29, 2025
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RBI increases UPI payment limit from Rs 1 lakh to Rs 5 lakh

August 9, 2024 Trade, Digitalisation, Economy, Finance, Trending News
MUMBAI : The Reserve Bank of India (RBI) has provided major relief to UPI consumers. The central bank has increased the limit for making payments through UPI from Rs 1 lakh to Rs 5

ADB keeps India’s GDP growth projection for FY25 unchanged at 7%

July 18, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17. The Asian lender projected the economy

RBI Governor confident of 7.2% GDP growth in FY25

June 26, 2024 Trade, COMMERCE, Economy, Finance, Trending News
MUMBAI : The Reserve Bank of India (RBI) Governor Shaktikanta Das, on June 25, said he is confident that India’s growth will touch 7.2 percent in the current financial year. “We are confident about 7.2

‘Expect Indian Economy to expand by a strong 7.2%’: Fitch raises growth forecast from 7%

June 19, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : Fitch Ratings raised India’s growth forecast on Tuesday, citing recovery in consumer spending and increased investment. The agency has increased India’s growth forecast from 7 per cent projected in March to

RBI believes Indian economy is well-placed to step up growth trajectory

May 31, 2024 Trade, Economy, Trending News
NEW DELHI : The Reserve Bank of India, on Thursday, said India’s GDP growth is robust on the back of solid investment demand aided by healthy balance sheets of banks and corporates, the government’s

Goldman Sachs raises India’s GDP growth forecast to 6.7% for 2024 ; expects RBI repo rate cut in Dec…

May 29, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : Goldman Sachs has raised its GDP growth forecast on account of the bumper dividend by the Reserve Bank of India (RBI) and has also pushed back its expectations of interest rate

RBI restates 7% GDP growth forecast for FY25 contrary to market expectations of a raise

April 6, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has kept its growth projection for India’s Gross Domestic Product (GDP) unchanged at 7% for the 2024-25 fiscal year, Governor Shaktikanta

India’s GDP growth in FY24 will exceed 7.6% and may be closer to 8% : RBI Governor  

March 7, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : Reserve Bank of India Governor Shaktikanta Das said on Wednesday that the Indian Economy is poised to surpass the Central government’s Second Advance estimate of 7.6 percent growth for the ongoing

Indian Economy to grow at 7% in FY25, inflation to ease further : RBI Governor at WEF 2024

January 18, 2024 Trade, Economy, Trending News
DAVOS : The Reserve Bank of India (RBI) Governor Shaktikanta Das on January 17 said that the Indian Economy is likely to grow 7 percent in the next financial year 2024-25. “The government for

IMF Executive Director KV Subramanian predicts 7% growth for FY24, says India ‘charting own pa…

December 4, 2023 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In response to former RBI Governor Raghuram Rajan‘s comments on India’s GDP growth, Mr. KV Subramanian, Executive Director of the International Monetary Fund (IMF) and Former Chief Economic Advisor to the Government of
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