The Tirupur Exporters’ Association (TEA) said the Reserve Bank of India’s decision to keep the repo rate unchanged at 6.25 per cent has disappointed the exporting community, which was expecting a reduction in interest rate, post demonetisation. The reduction in interest rate is the most important…
Tag: Reserve Bank of India’s
Indian GDP growth to remain robust at 7.6%: World Bank
Ahead of the Reserve Bank of India’s first monetary policy review to be decided by a committee later on October 4, the World Bank has said India’s GDP growth will remain robust at 7.6 per cent in 2016 and 7.7 per cent in 2017. “In India, GDP growth will remain strong at 7.6 per …
PayUmoney launches industry’s first-of-its-kind POS business terminal
PayUmoney has announced the launch of its innovative POS terminal which promises to connect even the smallest corner shop to the world of paperless payment. With no monthly rental, no minimum balance, and the option to link any bank account, the PayUmoney POS terminal, costing a mere Rs. 7,000 (a…