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Tag: Reserve Bank of India

Currency note with * symbol in number panel valid note: RBI

Posted on July 27, 2023 By admin
Currency note with * symbol in number panel valid note: RBI

Image used for representative purpose only. | Photo Credit: REUTERS A currency note with a star (*) symbol is identical to any other legal banknote, the Reserve Bank said on Thursday allaying concerns on the validity of such notes. The symbol is inserted in the number panel of a banknote that is used as replacement…

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A balance between capital outlays and fiscal prudence

Posted on February 1, 2023 By admin
A balance between capital outlays and fiscal prudence

Construction of the Coastal Road Project in Mumbai. | Photo Credit: PTI The Budget comes at a time when the government faces a delicate balancing act between expenditure priorities and the need for fiscal prudence as it is the last full Budget before the general elections. From a macroeconomic standpoint, two areas were of concern:…

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