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The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times. The cuts are likely to be executed in three phases—25 bps each in April, June, and October 2025. This move would be aimed at supporting economic growth while balancing inflationary concerns.
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The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new ‘.bank.in’ domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms
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According to the International Monetary Fund's April 2025 World Economic Outlook, India is projected to become the world's fourth-largest economy in 2025. The IMF anticipates India's nominal GDP for the fiscal year 2026 to reach $4.187 trillion, sl
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Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje
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Maharashtra puts up strong economic show, tops state rankings in finances Maharashtra has emerged as the leading state in CareEdge Ratings' 2025 rankings, followed by Gujarat and Karnataka. The assessment, based on 50 indicators across seven categor
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The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef
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"Fed Meeting Insights, Bitcoin Hits Record High, and Chinese Economic Data Shake Global Markets" Wall Street Holds Steady Ahead of Fed Meeting, Bitcoin Hits Record High, and Mixed Chinese Data Spurs Stimulus Hopes 1. Federal Reserve Poised for Rate
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The Great Depression (1929-1939) The Great Depression (1929-1939) was a severe global economic crisis starting with the U.S. stock market crash on October 29, 1929, known as Black Tuesday. Over-speculation (risky investments) and excessive borrowing
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