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Business News: BRICS economies should seize opportunities from the crisis: Report

BRICS economies should seize opportunities from the crisis: Report : Rashtra News BRICS economies should work towards seizing the opportunities that might emerge amid the crisis by planning for and working towards a bright post-pandemic future according to a study by member central banks published by the Reserve Bank of India. Though the pace of ....

South Africa , Research Group , Reserve Bank , Contingent Reserve Arrangement ,

Tax divide: Why are southern states upset?

For every rupee they contribute towards central taxes, Karnataka, Tamil Nadu and Kerala receive a far less as compared with what Bihar and UP corner. Redistribution of resources helps less-developed states bridge the inequality gap. But the southern states aren’t happy. What’s the way out? ....

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RBI defers implementing directions on exchange-traded forex derivatives to May 3

This was done after some concerns expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of the RBI currency derivative norms. ....

Reserve Bank , Fx Derivatives , Currency Derivatives ,

Electoral Bonds Scheme: Nation paid price for BJP's compulsion to get 'chanda' at all costs: Congress

The Congress alleges BJP accepted over Rs 430 crore in donations from 33 firms with negative or near-zero profits through electoral bonds. Jairam Ramesh criticizes the scheme, claiming it promotes corruption. He highlights the donations from companies with dubious financial standings, suggesting possible money laundering. Ramesh asserts that despite RBI s concerns about money laundering, the BJP went ahead with the scheme, emphasizing the need for transparency in political funding. ....

Narendra Modi , Jairam Ramesh , Bharatiya Janata Party , A Supreme Court , Congress On , Farzi Companies , Electoral Bond Scam , Farzi Companie , Hafta Vasuli , Electoral Bonds Scheme , Modi Sarkar , Supreme Court , State Bank , Money Laundering , Shell Companies , Rbis Astute Advice ,

RBI monetary policy decision: Repo rate, SDF rate, stance and key terms explained

RBI MPC: Repo rate is the rate at which the RBI provides liquidity to banks against the collateral of government and other approved securities. ....

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