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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......

India's $100 Bn Gambling Black Hole

'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.' Kindly note this illustration generated using Microsoft Copilot has......

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......

Ranya Rao case: ED raids institutions linked to K'taka home minister

The Enforcement Directorate on Wednesday searched locations in Karnataka, including educational institutions linked to state home minister G Parameshwara, as part of a probe into alleged gold......

RBI Eases KYC Deadline For Low-Risk Customers

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.' Kindly note this image has been posted only for......

What RBI's 50 bps rate cut mean for the 'aam aadmi'

'RBI’s stance was changed to ‘neutral’ from ‘accommodative’, signalling that there remains limited room for future rate cuts.' Photograph: Francis Mascarenhas/Reuters The Reserve Bank......

RBI considers fresh guidelines to curb mis-selling

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such......

Why RBI is likely to cut repo rate by another 25 bps

On June 6, 2025, RBI Governor Sanjay Malhotra is expected to announce the decision of the bank's Monetary Policy Committee. IMAGE: RBI Governor Sanjay Malhotra. Photograph: ANI Photo The......

RBI cuts repo rate to boost growth, home loan borrowers get relief

The Reserve Bank of India (RBI) cut interest rates by more than expected 50 basis points on Friday, a third consecutive reduction, and unexpectedly reduced the cash reserve ratio for banks to......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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