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Marshal News

Latest Updates Around The World

  • International
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Homerbi (Page 22)

Tag: rbi

Economists divided on the impact of RBI’s surplus transfer on tax deficit
Business

Economists divided on the impact of RBI’s surplus transfer on tax deficit

Budget of the Union has projected the tax deficit at 4.4% for FY26 | Photocredit: Danish siddiqui It is unlikely that record surplus transfer by the reserve Bank of India (RBI) will lower the tax deficit for the current tax (FY2025-26), say various economists. However, a research memorandum from SBI expects the deficit to be […]

author
By Tomasa Rizzotti
May 24, 2025May 24, 2025
RBI’s strong dividend for the government stimulated by dollar sales, interest income: SBI Report
Business

RBI’s strong dividend for the government stimulated by dollar sales, interest income: SBI Report

The dividend payment of the Reserve Bank of India of almost £ 2.7 trillion to the government has been made possible for robust gross dollar sales, higher exchange rate wines and steady increase in interest income, according to a report from the State Bank of India (SBI). The report noted that this significant surplus transfer […]

author
By Tomasa Rizzotti
May 24, 2025May 24, 2025

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