Economy and Finance

Trader’s body CAIT advises traders to switch from Paytm to other payment apps following RBI’s order against Paytm Payments Bank

"CAIT believes that if there is any evidence of fund irregularities, the Enforcement Directorate (ED) should investigate Paytm Payment Bank," the release added.

UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris

The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday

Housing, railways, tourism, capex: Here are the key highlights of Budget 2024

Taking a jibe at the Congress-led UPA govt, the Finance Minister said that the Modi government is working with an approach to development that is "all round, all-pervasive and all-inclusive".

A tale of two interim budgets in 2014 and 2024, reduced capex and deferred payments to fraudulently save face in 2014 vs the best-managed large economy in 2024

The comparisons of numbers from the interim budget of 2014 and the current interim budget show a massive difference between the two budgets, both after 10 years of rules of…

Budget 2024: New housing scheme to be introduced for middle class living in rented houses, slums, chawls or unauthorised colonies

The budget projects savings of up to Rs 15,000 to 18,000 annually for households from free solar electricity and selling the surplus to distribution companies.

Budget 2024: FM Nirmala Sitharaman highlights the steps taken by government in 10 years to transform Indian economy

"Indian economy witnessed profound positive transformation in the last 10 years," said Sitharaman, while presenting Budget 2024 in the Parliament

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card

The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, Union Finance…

Finance Minister Nirmala Sitharaman set to present Budget 2024, the last during PM Modi’s second term

The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls. A full budget will be presented…

RBI bars Paytm Payments Bank from onboarding new consumers with immediate effect, banking transactions to be stopped from 29 February

RBI has said that Paytm Payments Bank will not be allowed to do any deposits or credit transactions or top ups after 29th February

Indian Rupee stable while Chinese Yuan is falling: A feather in Modi government’s cap to keep currency stable in pre-election year

The Indian rupee (INR, ₹) held steady against the U.S. dollar in 2023, depreciating just 0.5% to end the year at 83.17 per USD. Notably, the Chinese yuan and the Korean won,…