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Govt updates list of banks authorised to import gold, silver during FY25

The government updated the list of banks authorized to import gold and silver for the fiscal year 2024-25. Eleven banks, including HDFC Bank and ICICI Bank, received authorization from the Reserve Bank of India (RBI) to import gold and silver from April 1, valid until March 31 next year. ....

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Now Goldman Sachs too sees India's economy growing at a faster clip

Goldman Sachs is the latest to raise its GDP forecast for India, following a pattern of increasing optimism among global investment firms about the country’s growth ....

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Rate hikes not fully transmitted, RBI may hold repo in April meet

RBI maintains accommodation withdrawal due to incomplete transmission, focusing on inflation targeting and transmission challenges. Gudwani notes RBI s cautious stance, emphasizing the impact of liquidity conditions on rate transmission pace. ....

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