RBI
- Business
Retail inflation quickens to 3.93 pc in May, shows govt data
New Delhi: Retail inflation inched up to 3.93 per cent in May from 3.48 per cent in the preceding month due to higher food prices, as the impact of rising global energy…
- India
Fitch cuts FY27 growth projection; War to slow down economy
New Delhi: Fitch Ratings on Tuesday, June 9, lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7 per cent, saying that the…
- Business
RBI says 4 pc inflation target not in abeyance
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said its 4 per cent medium-term inflation target is sacrosanct and has not been put in abeyance. Malhotra, who upped…
- Business
Gold ends lower amid shifting signals from West Asia
New Delhi: Gold prices slipped to Rs 1.59 lakh per 10 grams in the national capital on Friday, June 5, capping a roller-coaster week, as frequently shifting signals from West Asia kept…
- India
RBI maintains repo rate at 5.25 pc, flags global risks
Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from…
- Technology
UPI transactions hit record high of Rs 29.9 lakh cr in May
New Delhi: Summer travel and IPL fever pushed transaction through the popular Unified Payments Interface (UPI) to a record highs of Rs 29.90 lakh crore and 23.2 billion in value and volume…
- India
Geopolitical tensions biggest threat to India’s growth: RBI Annual Report
Mumbai: Robust macroeconomic fundamentals will support the growth trajectory of the Indian economy in the current fiscal year despite headwinds from elevated energy prices, supply chain disruptions and global markets, the Reserve…
- Telangana
Telangana govt flags risk to 16 lakh T-Wallet users’ data
Hyderabad: Telangana Police has informed the High Court that personal data of nearly 16 lakh users of the state government’s T-Wallet platform is at risk and alleged that the company, which earlier…
- India
Flood or earthquake hit your area? Your bank will now help automatically
Hyderabad: If a flood, earthquake or any other natural disaster strikes your area, your bank will now be able to automatically offer you loan relief – without you having to ask for…
- World
India approves Rs 30 billion withdrawal to Maldives under SAARC swap
Male: India has approved the first withdrawal of Rs 30 billion under its continuing economic and financial assistance to Maldives, according to the Indian High Commission here. The funds are being released…
- India
Domestic production of oil, gas ramped up amid West Asia crisis: RBI Guv
Mumbai: The current crisis in West Asia significantly impacts India, as the region accounts for approximately one-sixth of the country’s exports, half of its crude oil imports, and nearly two-fifths of the…
- Business
Forex kitty jumps USD 3.8 bn to reclaim USD 700-bn mark
Mumbai: India’s forex reserves jumped USD 3.825 billion to USD 700.946 billion during the week ended April 10, says RBI. In the previous reporting week ended April 3, the overall reserves had…
- India
RBI keeps repo rate unchanged at 5.25 pc, awaits clarity on Iran war impact
Mumbai: The Reserve Bank of India kept its key policy rate unchanged on Wednesday, adopting a cautious wait-and-watch stance as policymakers assessed the fallout from the six-week Iran conflict on energy supplies,…
- India
RBI policy, US-Iran tensions likely to drive stock market next week
Mumbai: Indian stock markets ended their sixth consecutive week lower, with benchmark indices slipping nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns. Investors…
- India
HDFC chairman Atanu Chakraborty resigns citing ethical concerns
New Delhi: In a sudden move, Atanu Chakraborty resigned as the part-time chairman of the country’s second biggest lender HDFC Bank citing ethical concerns. This is the first time that the part-time…
