Reserve Bank of India
- India
Rs 2,000 notes to remain legal tender even after September 30
New Delhi: The Rs 2,000 denomination bank notes which the RBI has decided to withdraw from circulation will continue to remain legal tender even after September 30, sources informed ANI. The central…
- India
RBI to withdraw Rs 2000 note from circulation
The Reserve Bank of India has decided to withdraw Rs 2000 currency note from circulation but it will continue to be legal tender. It has advised banks to stop issuing Rs 2000…
- Business
India’s foreign exchange reserves rise to $588.78 billion
New Delhi: India’s foreign exchange reserves increased marginally by $4.53 billion to $588.78 billion during the week ending April 28, according to Reserve Bank of India data released on Friday. As per…
- India
Achieving net zero target by 2070 would need reduction in energy intensity: RBI report
New Delhi: India’s goal of achieving the net zero target by 2070 would require an accelerated reduction in the energy intensity of GDP by around 5 percent annually and a significant improvement…
- Stock Market
Sensex opens with losses; investors wait for RBI’s rate hike decision
Mumbai: Domestic key indices of equity markets made marginal losses during the early trading hours on Thursday. Investors were in wait-and-watch mode as the outcome of the Reserve Bank of India’s three-day…
- India
World Bank cuts India’s GDP growth to 6.3% for 2023-24
New Delhi: India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher…
- India
After delivering 25 bps hike in repo rate, RBI to change its stance
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to change its stance after taking a guard against inflation by delivering a 25 basis points (bps) hike in…
- India
RBI’s repo rate hike decision may not be unanimous
Chennai: With economic experts expecting the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) to increase the repo rate further by 25 basis points (bps), whether it will be unanimous or…