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Gujarat minister Kantilal Amrutiya spearheaded a massive tree plantation drive, planting over one million trees on 1,200 bigha land in Morbi. The barren land, owned by Shri Morbi Panjrapol Trust, has…
The Indian stock market is expected to remain volatile next week due to the RBI's record dividend transfer, US-Iran tensions, and crude oil price fluctuations. Benchmark indices Sensex and Nifty ended…
The Reserve Bank of India has announced a record dividend payout of Rs 2.87 lakh crore to the central government for FY26. Experts believe this will provide some relief to the government's finances as…
The RBI’s record Rs 2.87 lakh crore dividend for FY25-26 was driven by revaluation gains on foreign exchange reserves due to dollar strength. Higher earnings from government securities, aided by the h…
India’s domestic economic activity showed resilience in April amid global uncertainties in West Asia and supply chain disruptions, according to the RBI’s May 2026 Bulletin. CPI inflation rose to 3.5%…
The RBI’s proposed draft framework allows lenders to disable certain smartphone services if borrowers default on loans, addressing major lender concerns. ICEA Chairman Pankaj Mohindroo praised the con…
The Reserve Bank of India approved a record transfer of Rs 2.87 lakh crore as surplus to the Central Government for FY26. The decision was taken during the 623rd meeting of the Central Board, chaired…
The Reserve Bank of India announced results of the underwriting auction for three government securities on May 22. The auction covered the 6.03% GS 2029, 6.68% GS 2033, and 7.24% GS 2055 with total no…
The Reserve Bank of India's board will meet on Friday to finalize the transfer of surplus funds to the government. Economists estimate the dividend will range between Rs 2.8 lakh crore and Rs 3.3 lakh…
Finance Commission Chairman Arvind Panagariya has advised the RBI to not treat the 100 rupees per dollar level as a psychological barrier. He argues that allowing the rupee to depreciate is the correc…
The RBI has scheduled an underwriting auction for Rs 32,000 crore in government securities on May 22. The auction includes three bonds: 6.03% GS 2029, 6.68% GS 2033, and 7.24% GS 2055. Primary Dealers…
The Reserve Bank of India's upcoming USD 5 billion USD/INR buy-sell swap auction on May 26 aims to reduce currency volatility by targeting market panic. Economist Debopam Chaudhuri notes that the mere…
