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RBI Buys 27 Tonnes of Gold in October 2024, Boosting Reserves to 882 Tonnes

In October 2024, the Reserve Bank of India (RBI) made a significant move by adding 27 tonnes of gold to its reserves, bringing its total gold purchases for the year to 78 tonnes. This marks the highest level of purchases since 2009, when In more...

Finance & Economics

05 Dec 2024 11:23 AM 62 views

RBI Buys 27 Tonnes of Gold in October 2024, Boosting Reserves to 882 Tonnes

In October 2024, the Reserve Bank of India (RBI) made a significant move by adding 27 tonnes of gold to its reserves, bringing its total gold purchases for the year to 78 tonnes. This marks the highest level of purchases since 2009, when In more...

Finance & Economics

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highe more...

Finance & Economics

03 Dec 2024 04:55 AM 47 views

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highe more...

Finance & Economics

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the more...

Finance & Economics

02 Dec 2024 10:09 AM 59 views

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the more...

Finance & Economics

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail more...

Finance & Economics

02 Dec 2024 01:22 AM 51 views

Indian Rupee Hits Record Low Against US Dollar After Trump’s Tariff Threat

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail more...

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