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Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, Dec. 6, 2024. | Photo Credit: PTI The Reserve Bank of India raised India’s Consumer Price Inflation outlook for 2024-25 to 4.8% from 4.5%, with Q3 at 5.7% and Q4 at 4.5%. Going into FY 2025-26, the RBI projected Q1 inflation…
The Reserve Bank Innovation Hub (RBIH), which is the innovation arm of the Reserve Bank of India (RBI), is making giant strides in the fight against financial fraud through the promotion of the use of an advanced AI tool called MuleHunter.AI. This technology identifies and flags mule accounts, commonly used in money laundering schemes. The…
Read More “What Is MuleHunter.Ai? All About RBI’s New Tool To Detect Financial Fraud” »
KL Rahul earned a lifeline twice on Day 1 of pink-ball Test© Video Grabs An epic incident unfolded on Day 1 of the day-night Test between India and Australia in Adelaide on Friday. India batter KL Rahul seemed to have gotten himself out for duck in the first session but a no-ball by…
Canara HSBC Life Insurance Company is a joint venture company with a 51% stake owned by Canara Bank and a 26% stake held by the HSBC Insurance (Asia Pacific) Holdings and remaining 23% stake by Punjab National Bank. Canara Bank on Thursday (December 5, 2024) said it has got Reserve Bank of India’s (RBI) approval…
Police personnel, Anti Terrorist Squad commando deployed to ensure law and order in Ayodhya. Ayodhya (Uttar Pradesh): Security has been heightened in Uttar Pradesh’s Ayodhya on Friday in view of the 32nd anniversary of the Babri Masjid demolition. Police personnel, Anti Terrorist Squad (ATS) commando have been deployed to ensure law and order in the…
Read More “Security Heightened In Ayodhya On Babri Masjid Demolition Anniversary” »
The conservative party of embattled South Korean President Yoon Suk Yeol faces a quandary: How do members distance themselves from an unpopular leader without handing a big win to their political opponents. For now, they are trying to accomplish that by blocking Yoon’s impeachment in a vote set to take place in the coming days…
Read More “Reviled South Korean President Still Likely To Survive Impeachment” »
Reserve Bank of India (RBI) Governor Shaktikanta Das delivers the Monetary Policy statement, Friday, December 6, 2024. | Photo Credit: PTI The Reserve Bank of India (RBI) on Friday (December 6, 2024_) has projected India’s real GDP growth for FY25 at 6.6%, with Q3 at 6.8% and Q4 at 7.2%.. The real GDP growth in…
Shantanu Naidu recently announced the launch of Jaipur Bookies. Shantanu Naidu, the manager and confidant of Ratan Tata, has embarked on a fresh chapter of his life after the billionaire-philanthropist’s death. Mr Naidu is now expanding his passion project, Bookies, which is aimed at rekindling the joy of reading among people. The project, which began…
Read More “Ratan Tata’s Aide Shantanu Naidu On His Next Project” »
File picture of Russia’s Foreign Minister Sergei Lavrov | Photo Credit: Reuters Russian Foreign Minister Sergei Lavrov, in an interview broadcast on Thursday (December 6, 2024), said the use of a hypersonic missile in the Ukraine war sought to make the West understand that Moscow was ready to use any means to ensure no “strategic…
Shaktikanta Das, Governor, Reserve Bank of India. File. | Photo Credit: Thulasi Kakkat The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday (December 6, 2024) decided to keep the policy repo rate unchanged at 6.50% for the 11th consecutive time. The last time the MPC had increased rates to 6.5% was in February…
