The Reserve Bank of India (RBI) may implement a 25 basis point rate cut in the fourth quarter this year if moderate high-frequency data from June continues, a report said on Wednesday.
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India’s tier 2 and Tier 3 cities currently account for only 6 per cent of the country’s data centre capacity or approximately 82 MW, but by 2030, that number is expected to rise to 300-400 MW, according to latest reports.
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The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
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Also, Sebi intends to rationalise and optimise existing regulations, simplify the regulatory framework for foreign portfolio investors (FPIs), and expand the range of permissible investment strategies under Specialised Investment Funds (SIFs), according to its annual report for 2024-25, released on…
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The MIB has been working with industry bodies such as the CII on anti-piracy measures. In its now-defunct Broadcasting Bill, the MIB had proposed a dedicated task force to address piracy.
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As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks difficult, SBI Research said on Wednesday, adding that even a…
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