‘Withdrawal of Rs 2,000 notes a non-event as India’s digital payments ecosystem robust’
The withdrawal of Rs 2,000 banknotes is likely to be a non-event as India has adopted digital payments on a mass scale, said SBI Research […]
Day: May 23, 2023
India GDP crosses $3.5 trillion in 2022; bureaucracy could slow pace of investment: Moody’s
Moody’s has reported that India’s GDP has crossed $3.5tn in 2022, making it the fastest-growing G20 economy over the next few years. However, there are […]
Rupee logs first gain in 5 sessions, eyes US debt ceiling updates
The Indian rupee closed higher at 82.80 against the US dollar after a four-day consecutive fall rate. Traders are keeping an eye on US debt […]
Indian banks are set for a profit boost on Rs 2,000 notes withdrawal
Indian banks’ lending margins are set to surge with the country’s highest-value currency note being withdrawn, which is leading to an increase in bank deposits. […]
First day of Rs 2,000 note exchange: Small queues seen at some branches
No great rush was witnessed for exchange when branches opened. Outlets of private sector banks in metro cities in the early hours had business as […]
Forex spends surge to $27 billion on travel boom
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Forex spends surge to $27 billion on travel boom
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Blackout fear: Discoms’ dues dip 32% in a year
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Bill Gates says top AI agent poised to replace shopping businesses
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