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INDIA BUDGET 2013 BUDGET 2013
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...- Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
- RBI Governor meets Bengal CM Adhikari ahead of state's first budgetReserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata. They discussed key economic issu...
- FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
- Not Dhurandhar 2 or Peddi: A small Rs 7 crore indie Hollywood horror film by 26-year-old YouTuber is trending in India for 5 reasonsA low-budget Hollywood horror film, Obsession, has become a surprise hit in India, captivating audiences with its compelling story and extr...
- Woman’s ₹40K monthly budget hack goes viral: Saves ₹7.2 lakh in 18 months, then quits her corporate jobA woman's viral Instagram post details her disciplined 18-month "corporate exit budget," saving ₹7.2 lakhs by cutting ₹40,000 monthly from ...
- Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
- India's agriculture and water tech startups gain momentum, sustainability in focus: NasscomIndia's agri and water tech deeptech ecosystem is gaining momentum around commercialization as per a statement by Nasscom. These sectors st...
- Bollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trendBollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The...
- Ram Gopal Verma says ‘Obsession’ is a ‘wake-up call’ for Bollywood, not just for its Rs 2,279 crore box-office: ‘Obsession budget is less than a film star’s…’Filmmaker Ram Gopal Verma lauded the low-budget horror film Obsession. He stated its success challenges Indian cinema's focus on stars and ...
- India willing to let fiscal deficit widen to 4.8% of GDP: ReportIndia faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...
- President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
- Govt highlights tax reforms, investor confidence as Modi completes 12 years as PMPrime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant ac...
- Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
- Industry lauds Modi on becoming longest serving Prime MinisterPrime Minister Narendra Modi has become India's longest-serving elected Prime Minister. Industry leaders congratulated him, noting his tran...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
- India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official saysIndia has removed capital gains tax on foreign investments in government bonds. This move aims to help India join Bloomberg's Global Aggreg...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
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