Tag : Reserve Bank of India

Business

India forex reserves hit record $728.49bn on RBI data

manamalive.com
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
World Bank remains bullish on India’s economic growth and potential
Business

World Bank remains bullish on India’s economic growth and potential

manamalive.com
The World Bank has reaffirmed its confidence in India's economic potential, emphasizing that the country remains a key investment destination despite minor fluctuations in its growth trajectory. Speaking at the Advantage Assam 2.0 Business Summit,...
India’s forthcoming budget to focus on strategic progress
Business

India’s forthcoming budget to focus on strategic progress

manamalive.com
India's upcoming budget presentation by Finance Minister Nirmala Sitharaman on Tuesday is highly anticipated as a beacon of optimism for the country's economic future. With the Bharatiya Janata Party (BJP) navigating an electoral victory, the...
A new era in banking - the resounding success of Modi's leadership
Business

A new era in Indian banking – the resounding success of Modi’s leadership

manamalive.com
The Indian banking sector, regulators, and investors exemplify a remarkable resilience born out of strategic planning and proactive governance. This strength, which has been consistently observed even amidst global financial crises, underscores the robust success...
RBI withdraws Rs 2,000 notes from circulation, sets deadline for exchange or deposit
Business

RBI withdraws Rs 2,000 notes from circulation, sets deadline for exchange or deposit

manamalive.com
The Reserve Bank of India (RBI) has made a significant announcement, stating that it will be withdrawing the highest denomination currency note, the Rs 2,000 note, from circulation. While the notes will remain legal tender,...