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 Employees' Provident Fund Organisation (EPFO) has opened recruitment for temporary Young Professional (YP) roles in the legal department for the year 2025. This is an excellent opportunity for young professionals interested in working with EPFO on legal matters. The selected candidates will help in efficiently managing legal cases handled by EPFO. The position offers a competitive salary of Rs 65,000 per month. The age limit for applicants is set at 32 years, with preference

Railway Recruitment Boards (RRBs) have commenced the recruitment drive for a significant number of positions, specifically 32,438 vacancies, within the Level-1 category of the 7th Central Pay Commission (CPC) Pay Matrix. Individuals interested in pursuing these opportunities are encouraged to visit the official RRB website for comprehensive details. The application window remains open until February 22, 2025, while the deadline for fee payment is set for February 24, 2025. A correction window

Dr. Michael Debabrata Patra, who served as the Reserve Bank of India’s (RBI) Deputy Governor, has retired after nearly four decades with the central bank. Known for his strategic role in steering the RBI’s monetary policy, Patra became the face of the RBI during critical press conferences, answering the key questions on interest rates, inflation, and growth. Patra, who headed the monetary policy department for most of his tenure, was a key player in the decisions made by

The Central Bank of India has initiated the application process for the recruitment of Zone-Based Officers (ZBO) for the year 2025. This recruitment aims to fill 266 vacancies. Interested and eligible candidates can apply online through the official website, centralbankofindia.co.in, before the application deadline of February 9, 2025. Candidates applying for the ZBO posts must have completed graduation in any discipline from a recognized university or possess an equivalent qualific

The Jammu and Kashmir Services Selection Board (JKSSB) has officially announced the results for the JK Police Constable Exam 2025. Candidates who appeared for the written exam can now visit the JKSSB official website to access their results. To check the result, candidates will need to enter their login credentials. Those shortlisted will move on to the Physical Standard Test (PST) and Physical Endurance Test (PET) rounds, which are part of the selection process for Constable posts in Jammu a

The Airport Authority of India (AAI) has launched its recruitment drive for 89 Junior Assistant (Fire Services) positions across India. Candidates interested in applying for these positions must meet the educational qualifications, which include being a 10th pass with a three-year approved diploma in Mechanical, Automobile, or Fire disciplines, or having completed their 12th standard (regular study). The online registration for the recruitment will close on January 28, 2025, and applicants ca

The National Aluminium Company Limited (NALCO) is set to begin its recruitment process for various positions in 2024, targeting 518 vacancies across two complexes—S&P Complex in Angul and M&R Complex in Damanjodi. Interested and eligible candidates can apply through the official website, mudira.nalcoindia.co.in, starting from tomorrow. The last date to submit the online application is January 21, 2025. Vacancies are available in diverse roles such as Fitter, Electrical

The Reserve Bank of India (RBI) has made a significant change to the Unified Payments Interface (UPI) system by enabling UPI payments between verified digital wallets, also known as Prepaid Payment Instruments (PPIs), and third-party UPI applications. This new directive will allow users of digital wallets to make and receive UPI payments via any third-party UPI app, rather than being limited to the wallet’s own mobile application. The move is aimed at enhancing interoperability within t

The State Bank of India (SBI) has officially announced the recruitment notification for the Probationary Officer (PO) position for 2024-25. A total of 600 vacancies will be filled, including both regular and backlog posts. The application window opens on December 27, 2024, and closes on January 16, 2025. The preliminary exam is set to take place from March 8 to March 15, 2025, with the main exam scheduled for April or May 2025. Candidates who meet the eligibility criteria can apply through SB

The Indian rupee opened at 84.83 against the US dollar on Monday, a depreciation of 4 paise compared to the previous close of 84.79. The decline in the rupee is largely attributed to the uncertainty following the announcement of a leadership transition at the Reserve Bank of India (RBI). Shaktikanta Das will be succeeded by Sanjay Malhotra, sparking initial concerns in the market. However, markets quickly adjusted to the news, with experts noting that the RBI is closely monitoring banking sys

On Thursday, the Reserve Bank of India (RBI) received a bomb threat via email, which was written in Russian. The threat, sent to the RBI's official website, claimed that the bank would be blown up. Following the threat, a case was registered at the Mata Rambai Marg (MRA Marg) police station in Mumbai, and an investigation has been launched. This incident comes after a similar threat was made to the RBI through its customer care number on November 16, with the caller claiming to

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

Sanjay Malhotra, a 1990-batch IAS officer from Rajasthan, has been appointed as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. The government announced that Malhotra will take charge from Wednesday for a term of three years. With a background in computer science from IIT Kanpur and a Master's in Public Policy from Princeton University, Malhotra has had a distinguished career spanning over three decades in various sectors, including finance, taxation, pow

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

In November, the median perception of current inflation among households increased to 8.4%, up by 30 basis points from the previous survey round in September, according to the Reserve Bank of India (RBI) Households’ Inflation Expectations Survey. Meanwhile, expectations for inflation over the next three months moderated slightly by 10 basis points, reaching 9.1%. However, households' expectations for inflation a year ahead inched up by 10 basis points to 10.1%. The survey

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

On Friday, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 6.5% for the 11th consecutive time. This decision comes despite the GDP growth rate for the July-September quarter falling to a 7-quarter low of 5.4%, which was below the RBI's earlier projection of 7%. The RBI paused its rate hike cycle in April last year after raising rates by 250 basis points since May 2022. In the fifth bi-monthly monetary policy review for the current fiscal year,

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 India acquired 200 tonnes from the International Monetary Fund (IMF). The RBI's total gold reserves now stand at 882 tonnes. In comparison, India had bought only 16 tonnes of gold in 2023. The RBI's gold purchase comes amid global economic i

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 July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu