Reserve Bank of India Governor Sanjay Malhotra addressed the Parliamentary Committee on Finance. He spoke about the Indian economy’s growth. Discussions included the status of Rs 2,000 notes, which are still legal tender but no longer circulated. Counterfeit currency and…
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The recent surge in the trade wars impacting global economy is due to the trade imbalances between the countries, according to a report by SBI Funds Management.
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Rapido, an Indian ride-hailing service, is growing rapidly. It is surpassing Uber and Ola in new user acquisition. Rapido’s unique subscription model attracts drivers. The company has achieved profitability and considers an IPO. Uber acknowledges India’s strategic importance. Rapido faces…
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Wholesale inflation in India likely surged to 0.80 per cent year-on-year in June 2025 from 0.39 per cent in May, mainly due to a month-on-month rise in food, fuel and core inflation, according to a report by Union Bank of…
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Flipkart introduces smartphone exchange on its quick commerce platform, Flipkart Minutes. Customers can now exchange old phones for new ones in just 40 minutes. The service is currently available in select areas of Bengaluru, Delhi, and Mumbai. This initiative is…
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The Reserve Bank of India is closely monitoring global cryptocurrency developments, especially with Donald Trump’s shift in stance. India is expected to release a paper on crypto soon, even as the RBI emphasizes the effectiveness of UPI for digital transactions.…
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