As a vote-on-account ahead of the general elections, the Interim Budget 2024-25 did not make much of a noise in the Indian business sphere last week. But, what created a flutter was the Reserve Bank of India (RBI) crackdown on Paytm Payments Bank on the budget eve. On January 31, the RBI virtually halted the operations ...

New Delhi, February 3: Prime Minister Narendra Modi on Saturday congratulated France for the formal launch of Unified Payments Interface (UPI) at the Eiffel Tower in Paris. UPI in France: Unified Payments Interface Formally Launched at Eiffel Tower in Paris He called the move a wonderful example of encouraging digital payments and strengthening ties. PM Narendra Modi Explains ...

    Budget 2024 :: DOC-20240201-WA0084. Team Budget 2024: https://www.businesstoday.in/amp/union-budget/story/interim-budget-2024-meet-fm-sitharaman-core-team-involved-in-compiling-budget-statement-415674-2024-02-01 Key take aways:  https://www.pib.gov.in/PressReleasePage.aspx?PRID=1895315 Finance Minister Nirmala Sitharaman today said India's economy is going through a profound transformation while presenting the Narendra Modi government's last budget before the Lok Sabha polls due by May. The government is focused on improving conditions for the poor, women, youth and farmers, Ms Sitharaman said in her Budget 2024 speech, ...

The Federal Reserve will likely hold interest rates steady for a fourth straight meeting but avoid signaling an imminent interest-rate cut.     The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting ending Wednesday, a 22-year high first reached in July. The rate decision and ...

The International Monetary Fund (IMF) has raised its 2024-25 GDP growth forecast for India by 20 basis points to 6.5 percent, although it continues to trail expectations of Indian authorities.     At 6.5 percent, the multilateral agency's revised growth forecast for next year is 20 basis points lower than its estimate of 6.7 percent for 2023-24. One ...