On August 8, 2024, the RBI's Monetary Policy Committee met amidst rising food prices and global challenges. Dive into the crucial announcements!
For the 9th time in a row, the RBI keeps interest rates unchanged at 6.5%, maintaining a cautious stance to balance growth and inflation.
RBI forecasts a robust GDP growth of 7.2% for FY25, with steady quarterly growth between 7.1% and 7.3%. Economic optimism abounds!
UPI tax payment limit is now increased to Rs 5 lakh per transaction, making high-value payments easier.
On August 8, 2024, the RBI's Monetary Policy Committee met amidst rising food prices and global challenges. Dive into the crucial announcements!
India's foreign exchange reserves reach an all-time high of $675 billion as of August 2, 2024.