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interest rates: Global interest rates may have peaked: RBI report

In India, CPI inflation was projected at 4.5% for the financial year 2024-25, a good 90 basis points lower than the estimated average for 2023-24. But, the large and repetitive food price shocks remained a concern, with geopolitical events and their impact on supply chains, and volatility in international financial markets and commodity prices posing upside risks. ....

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Digital Rupee: RBI: Digital Rupee Can Be Used for Overseas Payments | Mumbai News

RBI has announced that the central bank's digital currencies could be used for cross-border payments. Read more to find out how this can be done. ....

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Private equity firms at Svatantra Microfin's doorstep

The Ananya Birla-led firm, India’s second largest microlender, is set to raise ₹2,000 crore from private equity firms Advent International and Multiples Private Equity ....

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Gilt Funds: How are gilt mutual funds taxed? - The Economic Times

Whenever the central or state government needs funds, it is arranged by the Reserve Bank of India (RBI) on behalf of the government. The central bank raises this money from investors such as banks and insurance companies through auctions where it issues government securities or Gsecs having a fixed tenure. ....

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Vijay Shekhar Sharma:RBI Clampdown On Embattled Fintech Star Paytm Sparks Industry Concerns

For regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning. ....

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