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In RS govt poohpoohs concerns over lack of nuclear safety

Union minister Jitendra Singh assured the members of the Rajya Sabha on Thursday that there is better nuclear safety in India as compared to many other countries and there are enough safeguards in......

NRIs from 10 countries will soon be able to use UPI for fund transfer

The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments......

Banks increase deposit rates on tight liquidity, high credit

Even as competition to garner deposits is intensifying into a tight liquidity and high credit growth scenario, Bank of Baroda (BoB) has hiked deposit rates for the second time in the current......

In a U-turn, outstanding NRI deposits rise in October

Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose for the first time in the financial year to $134.54 billion in October 2022. The figure was......

Foreign Fund Flows Remain Weak For Banks

Based on the current momentum, the funds likely to be raised through the RBI's relaxed window would be $3.5 billion-$4 billion. Illustration: Uttam Ghosh/Rediff.com Almost two-and-a-half......

CAD seen to deteriorate in FY23 on costlier import

India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic......

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