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RBI to liberalise norms for NRIs to boost internationalisation of the INR
RBI highlighted the efforts in December to advance the internationalisation of the rupee. This was achieved through the introduction of the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023, aimed at streamlining norms.
Money9May 31, 2024/2:15 PM IST -
Exit of 25,000 women impacts diversity ratios of IT majors in FY24
Rise in diversity ratio of IT services majors also crawled down to negligible levels after the pandemic in spite of an increase in absolute numbers
Money9May 31, 2024/1:46 PM IST -
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.
Money9May 31, 2024/11:00 AM IST -
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.
Pawan PandeyMay 31, 2024/10:30 AM IST -
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
Money9May 31, 2024/10:00 AM IST -
Is this a good time to buy into LIC?
A large part of the company's income stems from single premium products which have low margins. Private companies in this sector are far more aggressive than LIC, and focus on high-margin products like ULIPs, credit protection and personal protection.
Sandeep GroverMay 31, 2024/9:22 AM IST -
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
Money9May 30, 2024/4:55 PM IST -
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.
Atul MongaMay 30, 2024/4:20 PM IST -
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
Money9May 30, 2024/3:33 PM IST
