RBI’s interest rate hike: what it means for inflation?

New Delhi, June 8: The six-member Monetary policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday raised the bank interest rates yet again...

India-GCC trade and jobs: How big is the relationship?

New Delhi, Jun 7: India's bilateral trade with all the six countries of the Gulf Cooperation Council (GCC), including the UAE and Saudi Arabia, has...

Traders step up rice purchases after India’s wheat export ban

India’s surprise ban on wheat exports has prompted rice traders to increase purchases and place unusual orders for longer-dated deliveries, fearing the world’s top...

Despite digital payments rise; here is why cash still rules

Even though UPI (Unified Payments Interface) transactions  hit a record Rs10.4 trillion in May, having more than doubled from a year before, Indians’ penchant...

EPF interest rate lowest in 4 decades at 8.1% for FY22

The government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22 -- an over four-decade low --...

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