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Indian Economy

TREND | 04 Mar 2025

Delhi Assembly Panels To Be Formed During Budget Session Of March 24-26, Says Speaker

NDTV Profit

Vijender Gupta said in the coming days, the House will decide on the CAG reports on Delhi government as well as form a PAC that will start functioning from April.

Indian Economy

TREND | 04 Mar 2025

Jio Financial to acquire SBI's stake in payments bank joint venture

Business Line

The acquisition requires approval from the Reserve Bank of India and is expected to be completed within 45 days after receiving regulatory clearance

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore

Business Standard | 04 Mar 2025 9 more

Indian Economy

TREND | 03 Mar 2025

ED issues show cause notices to PayTm & its subsidiaries for 611-cr FEMA violation

Business Line

ED probe reveals Paytm's flagship company OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas stepdown subsidiary

Paytm Parent One 97 Communications, Linked Entities Receive ED Notice Over Rs 611 Crore ForexViolation

NDTV Profit | 03 Mar 2025 1 more

Indian Economy

TREND | 03 Mar 2025

Bank of India to pare stake in STCI Finance to meet RBI's proposed norms

Business Standard

A senior BoI executive told Business Standard that RBI's draft norms propose that banks engaged in the same activity as NBFCs should reduce their stake

Indian Economy

TREND | 03 Mar 2025

Car Launches In March 2025: Maruti Suzuki e Vitara, Tata Harrier EV Among Top Vehicles To Hit Market

NDTV Profit

Following a mixed performance in Feb. 2025, automakers are expecting that the Union Budget 2025 reforms on direct income tax will help gradually drive demand.

Indian Economy

TREND | 03 Mar 2025

RBI records forward dollar position undermines forex reserves comfort

Business Standard

The RBI's net short dollar position in forwards and futures hit a record high of $77.5 billion in January 2025, as per data released after market hours on Friday

Indian Economy

TREND | 02 Mar 2025

Bihar Budget: Tejashwi demands Rs 2,500 monthly cash aid for poor women

Business Standard

A day before the Nitish Kumar government in Bihar is scheduled to present its last budget ahead of the assembly elections this year, RJD leader Tejashwi Yadav on Sunday demanded an increase in social security pensions and cash transfer of Rs 2,500 per month to poor women. Yadav, the leader of the opposition in the assembly, said he expected that the government would announce 200 units of free electricity for all consumers in the state. Deputy Chief Minister Samrat Choudhary, who also holds the finance portfolio, will table the state budget for the financial year 2025-26 in the assembly on Monday. Talking to reporters Yadav alleged, "The NDA government at the Centre as well as in the state are least bothered about the welfare of the people of Bihar." He also claimed that the social security pensions have not been increased by the state government for the last 20 years. The leader of the opposition said, "The amount paid to people above 60 years, widows, and people with disabilities

States' investment friendliness index to be launched in 2 months: NITI

Business Standard | 02 Mar 2025

Indian Economy

TREND | 02 Mar 2025

Telangana Budget likely to come up with a Fund of Funds for start-ups

Business Line

AI startups, AI in healthcare to get a special focus'

Indian Economy

TREND | 01 Mar 2025

98.18% of Rs 2000 notes returned, Rs 6,471 cr worth still with public: RBI

Business Standard

The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes are still with the public. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, declined to Rs 6,471 crore at the close of business on February 28, 2025, RBI said. "Thus, 98.18 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned," it said in a statement. The facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches till October 7, 2023. However, this facility is still available at the 19 issue offices of the Reserve Bank. Since October 9, 2023, RBI issue offices are also accepting Rs 2000 banknotes from individuals and entities for deposit into their bank

Sri Lanka gets fourth tranche of $334 million bailout package from IMF

Business Standard | 01 Mar 2025

Indian Economy

TREND | 01 Mar 2025

RBI Says 98.18% Of Rs 2,000 Notes Returned

NDTV Profit

The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore on May 19, 2023, declined to Rs 6,471 crore on Feb. 28, 2025.

RBI says 98.18% of 2000 notes returned

Business Line | 01 Mar 2025 9 more