India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to

Timely pension payments are not merely a procedural matter—they are a lifeline for countless retired central and state government employees. These pensions, disbursed through authorised banks, are governed by the Reserve Bank of India (RBI)'s "Master Circular - Disbursement of Government Pension by Agency Banks". The RBI recently updated the circular, issuing a series of clarifications that aim to make the pension system more transparent, accountable, and senior citizen-fr

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

In a major immigration reform move, US President Donald Trump has proposed a new visa scheme that offers a 'gold card' residency permit to foreigners willing to invest $5 million in the United States. This initiative aims to attract “brilliant, hardworking, job-creating people” while generating significant government revenue to balance the federal budget. Described as “like the green car

In a recent statement, US Vice President JD Vance asserted that green card holders in the United States do not possess an indefinite right to remain in the country and can face deportation at the administration's discretion. His remarks come as US President Donald Trump continues to push for the controversial 'Trump Gold Card', a new investor visa program allowing foreigners to obtain US citizenship by investing $5 million in the country. The remarks were made during an interview

The Directorate of Revenue Intelligence (DRI) has arrested Kannada actor Ranya Rao in connection with a ₹12.56 crore gold smuggling case. According to the DRI’s arrest memo, Ranya attempted to smuggle 14.2 kg of 24-karat gold into India, concealing it in her clothing, shoes, and pockets to evade customs duty. The DRI’s memo outlines that Ranya Rao was intercepted on March 3, 2025, at Kempegowda International Airport (KIAL) in Bengaluru while arriving from Dubai on Emirates Fligh

Fixed deposits have long been considered a safe and reliable investment option in India, particularly among conservative investors. However, declining interest rates and rising inflation have made it increasingly difficult for FDs to offer returns that outpace the rising cost of living. With the Reserve Bank of India (RBI) reducing the repo rate, banks have responded by lowering FD rates, prompting investors to explore other options that provide higher returns while maintaining financial secu

With rising inflation and uncertain economic conditions, traditional savings methods like bank accounts and fixed deposits may no longer be enough to grow wealth. As a result, investors are increasingly looking at stocks, gold, and real estate as viable alternatives to secure their financial future.But which investment is the best choice in 2024? Let’s analyze each option using historical data, expert insights, and current market trends.   Real Estate: Sta

Former US President Donald Trump has announced a significant shift in US immigration policy, introducing the ‘Gold Card’ visa program, which allows Indian graduates from US universities to secure jobs and eventually gain citizenship. This move is seen as a major boost for international students, particularly those from India, who have often struggled with restrictive visa policies despite their high qualifications.   The ‘Gold Card’ initiative, un

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points.   The Sensex hit a low of 77,189.04, down from the previous session&

The Reserve Bank of India (RBI) announced a 25 basis points cut in the benchmark interest rate, marking its first reduction in five years. The decision, led by Governor Sanjay Malhotra, aims to boost economic activity but was met with mixed reactions from investors. Despite expectations of a rate cut, the market remained cautious as the RBI maintained a neutral stance without introducing additional liquidity measures. Foreign Institutional Investors (FIIs) continued outflows amid concerns ove

The Reserve Bank of India (RBI) is inviting applications for the position of Medical Consultant (MC) on a contract basis. This is an excellent opportunity for qualified medical professionals to work with RBI. The last date to apply is February 14, 2025, at 4:40 pm.   Vacancy Details: The recruitment is for medical professionals with an MBBS degree, with a preference for those having postgraduate qualifications in General Medicine and at least two years o

The Indian badminton contingent, featuring top players such as PV Sindhu and Lakshya Sen, is gearing up for the 2023 Badminton Asia Mixed Team Championships. To help sharpen their skills ahead of the prestigious competition, they will take part in a five-day preparatory camp, starting Tuesday in Guwahati. The team is determined to surpass their previous bronze medal finish from the 2023 event and aim for an improved result in the championships set to take place in Qingdao, China, from Februar

Gold prices in Delhi hit an all-time high of Rs 83,750 per 10 gram on Wednesday, marking a significant rise of Rs 910 from the previous trading session. The surge was attributed to increased demand from jewellers and retailers. The 99.9% purity gold, which had closed at Rs 82,840 per 10 gram on the previous day, experienced a sharp rise, continuing its upward momentum seen earlier this year. From January 1, gold has jumped Rs 4,360 or 5.5%, reflecting a steady demand for the precious metal.

 Gold futures on the Multi Commodity Exchange (MCX) have surged to an all-time high, climbing 0.43% from Thursday's rates, reaching Rs 79,970 for contracts expiring on February 5, 2025. The precious metal has seen an upward trajectory this week, following a climb in spot prices which also touched record highs. As of 6:50 a.m. on Friday, gold's spot price in India stood at Rs 79,980 per 10 grams, according to the India Bullion Association. Despite the earlier rise, prices cooled o