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RBI Cuts Interest Rates for first time in 5 Years 2025-02-07 10:06:26
In an effort to stimulate the economy, the Reserve Bank of India (RBI) has lowered its primary repo rate for the first time in almost five years. This decision, made unanimously by the RBI Monetary Policy Committee (MPC), reduces the...
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Read MoreIndia's GDP grew 6.2% In October-December Quarter 2025-02-28 14:44:32
According to official data released on Friday by the Ministry of Statistics and Programme Implementation, India's economy recorded a real growth of 6.2 percent during the October to December period of the financial year 2024-25. This growth surpassed that of...
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Read MorePahalgam terror attack may Derail Jammu and Kashmir Tourism 2025-04-23 14:13:05
The recent terrorist attack in Pahalgam, which resulted in the deaths of at least 26 individuals, predominantly tourists, has caused widespread alarm throughout the nation. This tragedy is set to significantly harm the tourism industry in Jammu & Kashmir, a...
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Read MoreIndia Ranks Fourth Globally In Savings: SBI Report 2024-12-24 15:01:53
India has long had a culture of saving and this tradition continues to grow in the face of modern financial changes. According to a recent report by the State Bank of India (SBI), the savings rate in India is 30.2...
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Read MoreGovernment may consider tax relief for incomes up to Rs 10.50 lakh 2024-12-26 14:43:47
The government is considering reducing taxes for individuals earning up to Rs 10.5 lakh annually, potentially providing significant relief to middle-class taxpayers. This move, expected to be announced in the upcoming Budget 2025 on February 1, aims to boost consumption...
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Read MoreRBI Cuts Key Rate to 6%: Home Loans to Be Cheaper 2025-04-09 14:51:15
The Reserve Bank of India has lowered the repo rate by 25 basis points, now setting it at 6 percent. This action is expected to decrease borrowing expenses for banks, allowing them to offer loans to consumers at more affordable...
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