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100 plus tonnes of gold moves from BoE vaults to RBI; another consignment in the plans
Between January and March this year, RBI has bought 19 tonnes of gold which is almost 19% more than the entire quantity it bought in the 12 months of calendar year 2023. In FY24, RBI added 27.5 tonnes of gold to its reserves.
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What has IRDA changed health cover holders in new rule?
Deadline for claim settlement, discounts in premium, easy cancellation. It's all there in the new rules.
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Ahead of index entry, Indian bonds see action
But what are G-Secs? How can one invest in them? And are they suitable for what types of investors? Know all about it here
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Economy to grow at 7% this year: RBI
RBI's balance sheet size surged 11.08 per cent to Rs 70.48 lakh crore as of March 31, 2024
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Top-up loans slightly costlier than regular ones
Repayment terms and conditions for a top-up home loan are often similar to those of a regular home loan.
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IBAI moots several proposals to achieve insurance for all by 2047
IBAI proposed initiatives to IRDAI for enhancing insurance awareness, developing innovative products, and fostering career opportunities in the insurance sector
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Foreign direct investment drops 3.5% to $44.42b in FY2024
Inflows during January-March FY24 , however, rose by 33.4 per cent to $12.38 billion as against $9.28 billion in the year-ago period
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Demand in slow lane; automobile industry might end May with record inventory
The inventories might be valued at an astounding Rs 44,000 crore on the face of demand tapering after a three-year almost unbroken sales run
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High under-employment in India, says statistics ministry paper
The paper said that quantifying underemployment could help in help in taking significant policy steps. It measured underemployment with a multidimensional approach and not just hours for which a person worked.
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IRDA wants health claims settled in 3 hrs, wants to go fully cashless
Regulator wants settlement times to be brought down and cashless claims are honoured, leading to 100% cashless claim settlement
