RBI Tightens Loan Recovery Rules, Limits Harassment of EMI Defaulters
New RBI loan recovery rules limit recovery-agent calls, ban public shaming and set specific limits on locking financed phones when…
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Category: Economy & Policy
Indian economy, trade, commodities and government policy.
UA Senate pass Russia sanctions bill that seeks 100% tariffs on India
The U.S. Senate has passed a sweeping Russia sanctions bill that could give President Donald Trump authority to impose tariffs…
China exports rise 24% in July, $112.5 billion surplus
China's exports surged 24% in July, driven by AI infrastructure, EVs and high-end electronics.
India to Launch Digital Gold Regulatory Framework in 2027 to Protect Investors
India will introduce its first comprehensive regulatory framework for digital gold in 2027 to improve transparency and protect investors.
RBI Relaxes Device Loan Recovery Rules, Allows Gradual Phone Restrictions
RBI has relaxed its proposed device loan recovery rules, allowing lenders to gradually restrict phone functionality instead of an immediate…
Global Central Banks Buy 51 Tonnes of Gold Reserves in June
Central banks bought a net 51 tonnes of gold in June, extending a sustained buying trend amid geopolitical and currency…
PLI Scheme Reality Check: Rs 35,354 Crore Paid, 14 Lakh Jobs
The PLI scheme has disbursed Rs 35,354 crore of a Rs 1.97 lakh crore outlay and created about 14.15 lakh…
RBI to Pilot ₹10 and ₹20 Polymer Notes Ahead of Planned FY28 Rollout
Polymer banknotes India rollout is targeted for FY28, with RBI field-testing one billion each of ₹10 and ₹20 plastic notes…
RBI Plans Uniform Loan Interest Rate Framework for Banks and NBFCs
RBI has proposed a uniform loan interest rate framework for banks and NBFCs to make borrowing more transparent and comparable.
RBI Lowers FY27 Inflation Forecast to 5%, Raises GDP Outlook to 6.7%
RBI kept the repo rate unchanged at 5.25%, lowered its FY27 inflation forecast to 5% and raised GDP growth outlook…