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India remains top destination for FDI

According the RBI annual report, India remains a preferred destination for foreign direct investment (FDI) as domestic consumption remains strong.

posted by Jawwad Kazi 30th Aug 2018

Bad loans to rise in current fiscal: RBI

The Reserve Bank of India in its annual report, said banks will witness further deterioration in their non-performing assets (NPAs) due to the “economic situation prevailing” in the current financial year.

posted by Jawwad Kazi 30th Aug 2018

Over 99% of demonetised notes were returned: RBI

Over 21 months after Rs 500 and Rs 1,000 notes were withdrawn from circulation on November 8, 2016, the Reserve Bank of India (RBI) said that nearly all of that money has returned to the banking system.

posted by Jawwad Kazi 30th Aug 2018

RBI flags risk of higher inflation

The Reserve Bank of India (RBI) on 29 Aug. reiterated concerns over rising inflationary pressures this fiscal year due to global and domestic pressures.

posted by Jawwad Kazi 30th Aug 2018

Bees get hooked on harmful pesticide

Bumblebees acquire a taste for food laced with a pesticide known to harm them, according to a study suggesting the chemicals pose an even greater threat to pollinators than previously thought.

posted by Jawwad Kazi 30th Aug 2018