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Deputy Governor of RBI: Generative AI to add $359 bn-$438 bn to India's GDP by FY30
Forecasts indicate that generative AI could add between $359 billion and $438 billion to India’s GDP by 2029-30, said Michael Debabrata Patra (RBI)
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Governance Ministry of Science develops 'anti-counterfeiting ink', says will tackle duplication of money
Developed through a straightforward co-precipitation process at 120°C, the nanomaterials were blended into commercially available PVC ink via sonication, ensuring even distribution of nanoparticles.
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Jio Financial arm Jio Payment Solutions receives RBI nod to operate as online payment aggregator
The certificate of authorization, effective from October 28, 2024, permits JPSL to manage digital transactions in compliance with Section 7 of the Payment and Settlement Systems Act, 2007.
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PSU bank stocks fall on RBI's draft on tighter norms for infra project financing
At 11.45 am, the Nifty PSU Bank index plunged around 3.2 percent
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RBI approves appointment of Sanjeev Nautiyal as MD&CEO of Ujjivan SFB
Nautiyal will join the bank before taking charge as the MD & CEO and will be designated as the president in the interim
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RBI Projects consumer price index inflation for this fiscal at 4.5%
The apex bank has kept the repo rate unchanged for the seventh time in a row
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RBI retains GDP growth projection at 7% for FY25
The governor said that with rural demand catching up, consumption is expected to support economic growth in 2024-25
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