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RBI may ask the government for tax breaks for investments in Retail Direct Scheme
Experts say incentives can allure retail investors and fintech companies to the scheme
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RBI ombudsman and retail direct schemes to be launched
The statement said that it offers retail investors a new avenue for directly investing in the securities issued by the centre and the state government
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Excise duty cut on diesel positive on inflation
The supply-side factors is particularly in reference to pulses and edible oils, and now very recently with reference to petrol and diesel
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RBI announces hackathon on smarter digital payments
HARBINGER 2021 is looking for creative solutions in the payment and settlement systems landscape; the winner gets Rs 40 lakh
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RBI removes restrictions on Diners Club International
In a statement, the central bank said that it is lifting the restrictions with immediate effect
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Will long-term rates move up as overnight lending rates see an uptick?
Experts say it is too early to say as multiple factors influence the interest rates.
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NFTs may soon come under tax lens as they gain currency
Law experts have pointed out NFTs are derivatives of assets like a piece of art, but trading is allowed only in financial derivatives
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Concerns raised over rising fuel prices at RBI’s policy panel meet
In July the retail inflation showed some signs of moderation. However, the wholesale price inflation continued to remain in double digits.
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Paytm says it may consider Bitcoin offerings if it becomes fully legal
The comment comes ahead of company’s Rs 18,300-crore IPO
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RBI strengthening supervisory system to meet fintech challenges
Asks banks be agile and creative to stay ahead of digital curve
