RBI

No silver lining on economy’s dark clouds

No silver lining on economy’s dark clouds

August 21, 2020

Despite various measures announced by the government, there is no sign of any revival in the Indian economy which has continued its sharp decline since March. Inflation continues to rise, job losses spread across sectors and the economy continues to contract.

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New rules for investment and taxes for NRIs

New rules for investment and taxes for NRIs

February 14, 2020

In a move to curb the exploitation of the residency rules to avoid paying taxes, the government has redefined the qualifications which categorises a person as a non-resident Indian (NRI) and target those who enjoy the stateless status through short stays in different countries. A...

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Modi’s myriad challenges

Modi’s myriad challenges

January 9, 2020

After storming into office for a second time with a thumping majority, challenges for Narendra Modi’s government has not wilted in any way. Instead it has taken myriad forms…

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Weakening of rupee will allow NRIs to send more money back home

Weakening of rupee will allow NRIs to send more money back home

July 17, 2018

Inward payments are expected to grow the in the next few months in India, especially from the Middle East, the US and Southeast Asian countries amid a falling rupee following the recent shifts in the foreign exchange market and India’s external debt crossing the half-trillion m...

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The curious case of new bank notes in India

The curious case of new bank notes in India

August 31, 2017

The new INR 50 and INR 200 notes are rolled out to ease transactions says the Reserve Bank of India (RBI); will it really help the common man of India or is it more of a graphical publicity?

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1 billion digital transactions in India: NPCI

1 billion digital transactions in India: NPCI

August 8, 2017

Post demonetisation in India, an effort that was initiated to curb the flow of black money; digital transactions have substantially gained prominence in India.

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RBI stops printing INR 2,000 notes

RBI stops printing INR 2,000 notes

July 27, 2017

The Indian economy is reportedly set to see circulation of new currency notes in yet another move to curb black money and also to strike a balance between the circulation of present ones.

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India reports higher GDP despite downbeat speculations

India reports higher GDP despite downbeat speculations

March 3, 2017

Economists are bewildered as India reports a growth of 7 pc in annual gross domestic product (GDP) during the last quarter of 2016, despite a major cash crackdown.

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India – a soft target of increasing financial cyber attacks

India – a soft target of increasing financial cyber attacks

January 18, 2017

Global Internet security giant, Kaspersky Lab reports an alarming study on the increasing threat of financial cyber attacks. As the global figures rose to 22.49, India recovering from the wake of demonetisation remains under the radar as well.

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Demonetisation hitting hard on Indian microfinance sector

Demonetisation hitting hard on Indian microfinance sector

December 23, 2016

Demonetisation has affected the debit-credit culture of the entire nation. Urban and rural poor of India are both suffering the heat, but in their own ways.

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India moves towards a digital economy post demonetisation

India moves towards a digital economy post demonetisation

December 2, 2016

India is witnessing a surge in digital payment, backed by government reforms and initiatives after high-denomination currency notes were discontinued in early November.

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Demonetisation: Soiled currency bills to the rescue!

Demonetisation: Soiled currency bills to the rescue!

November 25, 2016

When was the last time you tried to avoid a soiled currency note or made faces when somebody tried to short-change your money with soiled notes? When was the last time people refused soiled notes that you tried to desperately get rid of? You might want to rethink now.

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