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Finance

Finance

Digital transactions in India highest in world but why is cash still king?

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India's Unified Payments Interface (UPI)-led retail digital payments grew at a compounded annual growth rate (CAGR) of 50 per cent in the last...
Finance

CREDAI urges to remove GST on free flats given in redevelopment projects

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Realtors' body CREDAI has demanded the government should do away with the GST on flats which are given free of cost to existing...
Finance

Citi India, ISDM launch CIFSI to enhance research on innovative financing

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Citi India and Indian School of Development Management (ISDM) on Thursday announced the launch of the Centre for Innovative Finance and Social Impact...
Finance

Odisha posts 11% YoY growth in collection of GST in May to Rs 4,397 cr

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Odisha registered over 11 per cent growth in collection of gross GST in May to Rs 4,397.73 crore, an official said on Thursday. The...
Finance

Reserve Bank to conduct 14-day VRRR auction worth Rs 2 trillion today

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
Finance

Rupee appreciates by 33 paise to close at 82.42 against US dollar

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The rupee appreciated by 33 paise to close at 82.42 (provisional) against the US dollar on Thursday, as positive macroeconomic data strengthened investor...
Finance

Irdai issues Bima Vahaks draft to establish channel at Gram Panchayat level

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Regulator Irdai on Thursday came out with draft guidelines for 'Bima Vahaks (BV)', which seeks to establish a dedicated distribution channel at the...
Finance

Liquidity surplus crosses Rs 1.75 trillion-mark on higher govt spending

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Liquidity surplus in the banking system zoomed past Rs 1.75 trillion on the last day of May on the back of higher government...
Finance

GST collection rises 12% to Rs 1.57 trillion in May: Finance ministry

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GST collection in May rose 12 per cent to Rs 1.57 trillion, the finance ministry said on Wednesday.   The gross Good & Services Tax...
Finance

all questions answered about Rs 2,000 notes

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A non-account holder also can exchange Rs 2,000 notes up to a limit of Rs 20,000 at a time at any bank branch....
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