The Reserve Bank of India has introduced a CBDC-based digital food coupon pilot in Gujarat. This initiative may affect CET-1 ratios and lending provisions for banks.
Category: Finance
Gold: Deutsche Bank Predicts Significant Surge
Deutsche Bank forecasts that gold prices could soar to $8,000 in five years, driven by de-dollarization and market trends.
Commercial cylinder price
The commercial LPG cylinder price in Bengaluru has surged, leading to inevitable food price hikes at restaurants. P. C. Rao comments on the impact.
Pension Update: 8th Central Pay Commission Extends Memo Submission Deadline
The 8th Central Pay Commission has extended its memo submission deadline, which may increase financial challenges for the government regarding pension demands.
Vedanta demerger
Vedanta’s share price fell nearly 65% following a strategic demerger into five entities. This move aims to unlock value across its business segments.
PMI Insights on Energy Infrastructure Growth Amid Economic Challenges
The PCI-PMI Transparency Platform indicates a significant rise in energy infrastructure projects, reflecting ongoing economic challenges.
क्रेडिट कार्ड: Credit Cards
PSU Banks have seen a significant increase in credit card spending, growing their market share in India. HDFC Bank and SBI Cards continue to lead the sector.
पेट्रोल: Petrol Prices Expected to Rise Significantly After Elections
Petrol and diesel prices are anticipated to rise significantly following the elections, impacting fuel costs across the country.
रॉबर्ट कियोसाकी: Robert Kiyosaki’s Economic Crash Prediction
Robert Kiyosaki warns of an impending economic crash in 2026-27, encouraging individuals to seize wealth-building opportunities during the downturn.