97.26 per cent of the high-value currency in circulation as on May 19, 2023, has since been returned to the banking system
India remains the fastest-growing major economy, as China's GDP growth in the July-September quarter this year was 4.9 per cent
The interest earned on SGBs is added to the annual income of the investor, and then, this income is taxed as per applicable tax slabs.
Cash is still the preferred mode as a savings instrument for its 'store of value' and for precautionary purposes
Central bank would not remain a passive regulator and it would take a hard look at risk management framework for lenders on liquidity and market risk
While economists expected a GDP growth rate of 6.5%, analysts are now hopeful that the curve might move closer to 7%
RBI laid down the condition while giving nod to the appointment of five Hinduja Group representatives as directors on the board of Reliance Capital
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West
The indication from economists comes against the backdrop of retail inflation crawling below the 5% level (4.87%) in October 2023
Speaking at an event organised by industry body FICCI, Sebi chairperson Madhabi Puri Buch said the Sebi management will also table changes on insider