Feedback | Thursday, May 01, 2025

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April 8, 2025 4:47 PM

‘One State, One RRB’: Govt notifies amalgamation of 26 regional rural banks

The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday notified the amalgamation of 26 Regional Rural Banks (RRBs) as part of the fourth phase of RRB consolidation. The move follows the principle of "One State, One RRB" and aims to improve operational efficiency and cost...

April 8, 2025 2:52 PM

RBI’s policy easing likely to support 10.8% credit growth in FY 2026: ICRA

The Reserve Bank of India's recent monetary policy easing is expected to support year-on-year credit growth of around 10.8% in FY2026, amounting to an expansion of ₹19 lakh crore to ₹20.5 lakh crore, according to a report by ratings agency ICRA released on Tuesday. Key measures contributing to ...

April 8, 2025 2:45 PM

MUDRA has democratised India’s financial system: PM Modi

Prime Minister Narendra Modi on Tuesday said that the Pradhan Mantri MUDRA Yojana (PMMY), launched 10 years ago on April 8, has played a pivotal role in empowering the poor at the grassroots level. He highlighted that over 52 crore loans worth ₹33 lakh crore have been disbursed under the scheme, m...

April 7, 2025 10:13 PM

India, US work on ‘early conclusion’ of trade pact

India and the United States on Monday reaffirmed their commitment to an "early conclusion" of a bilateral trade agreement, amid ongoing global trade tensions following new tariff announcements by the US. Talks between the two countries have gained momentum in recent weeks, particularly after US Pre...

April 7, 2025 8:45 PM

LPG price hiked by Rs 50 per cylinder from April 8

The Centre has announced a hike in the price of domestic LPG cylinders by Rs 50, effective from April 8. The revised rates apply to both subsidised and non-subsidised 14.2 kg cylinders, including beneficiaries under the Pradhan Mantri Ujjwala Yojana (PMUY). Announcing the revision, Petroleum and Na...

March 30, 2025 1:21 PM

Aid rushes into Myanmar after earthquake kills over 1,600, ravages cities

Myanmar's neighbours sent warships and aircraft laden with relief materials and rescue personnel on Sunday, as international aid gained steam after a massive earthquake ravaged much of the poor Southeast Asian nation. At least 1,600 people have been killed and 3,400 injured by Friday's 7.7-magnitud...

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Last Updated: 1st May 2025