Foreign Exchange Reserves: The country’s foreign exchange reserves rose by $ 2.299 billion to a new record level of $ 683.987 billion in the week ended August 30. The Reserve Bank of India (RBI) gave this information in the data released on Friday. In the previous week, the foreign exchange …
Read More »UPI Transaction Limit: Reserve Bank of India Governor Shaktikanta Das made a big announcement on Thursday regarding the limit of UPI transactions. RBI has increased the limit of UPI transactions by 5 times to Rs 5 lakh. Announcing the decisions taken in the MPC meeting, RBI Governor Shaktikanta Das said …
Read More »Exploring the Future: What 6.5% GDP Growth Means for India
India GDP Growth: Reserve Bank of India’s Positive Outlook In recent news, the Reserve Bank of India (RBI) has expressed optimism regarding India’s economic growth prospects. RBI Governor Shaktikanta Das, in a bi-monthly monetary policy review, announced that India is poised to become the engine of global growth. The central …
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