RBI
- Stock Market
Indices extend losses; Sensex, Nifty shed over 1% each
New Delhi: Domestic indices on Tuesday extended their losses from the previous session as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates,…
- Business
RBI’s monetary policy meet: Here’s some of the expectations
New Delhi: Though the RBI’s raising policy rates in the ongoing monetary policy committee meeting is a “no-brainer”, as its Governor Shaktikanta Das said in a recent interview, investors, however, await the…
- Business
Indices start fresh week marginally in red, RBI policy meet outcome in focus
New Delhi: Though the indices narrowed their losses as the day progressed, domestic equity benchmark indices declined marginally in red on Monday as the three-day monetary policy committee meeting of the RBI…
- India
Is RBI gearing up to include images of Tagore, Abdul Kalam on bank notes?
New Delhi: Reserve Bank of India (RBI) which is the central bank of the country is reportedly exploring option to use images of Rabindranath Tagore and APJ Abdul Kalam on the new…
- Telangana
RBI allows Telangana to raise FRBM loans
Hyderabad: Following chief minister K Chandrashekhar Rao’s (KCR) demand of lifting the borrowing ban on the state, the Reserve Bank of India on Friday allowed the state to opt for Rs 4,000…
- Business
Forex reserves up by USD 3.854 bn to USD 601.363 bn
Mumbai: The country’s foreign exchange reserves increased by USD 3.854 billion to USD 601.363 billion in the week ended May 27, according to RBI data. In the previous week, the reserves rose…
- India
Volume of Rs 2000 notes in circulation decreased
New Delhi: Reserve Bank of India (RBI) on Friday released its annual report. The report revealed that the volume of Rs. 2000 notes in circulation has decreased year on year since 2020.…
- Business
Cryptos can lead to dollarisation of economy: RBI officials to par panel
New Delhi: Cryptocurrencies can lead to “dollarisation” of a part of the economy which would be against India’s sovereign interest, top officials of the RBI have told a parliamentary panel, according to…
- India
Majoritarianism poses threat to economy: Raghuram Rajan
New Delhi: Former governor of Reserve Bank of India (RBI) Raghuram Rajan said that majoritarianism will not be good for India’s future. While addressing a webinar, he said that government should consider…
- Business
Quicker rate hikes likely as consumer inflation reaches 8-year high
New Delhi: Sounding a red alert on India’s CPI inflation at an 8-year high print of 7.79% YoY in April, Acuite Ratings has said it may trigger quicker rate hikes. “If inflation…
- India
Retail inflation rises to 7.79%, highest in nearly 8 years
New government data showed that India’s retail inflation has grown to 7.79% in April. The inflation is mainly driven by the rising fuel and food prices. The Reserve Bank of India (RBI)…
- Business
RBI rate hike a surprise as it came between 2 review meetings: Sitharaman
New Delhi: The Reserve Bank of India’s (RBI) move to raise the policy rate is part of a synchronised action by the central banks, Union Finance Minister Nirmala Sitharaman has said, adding…
- India
Loan EMIs to rise due to RBI repo rate hike
New Delhi: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday decided to increase the repo rate by 40 basis points. The hike will lead to an…
- India
RBI hikes repo rate on inflation worries, equities plunge
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40…
- Hyderabad
Eid al Fitr: Demand for newly printed currency shoots up in Hyderabad
Hyderabad: Despite the world slowly transitioning to digital payments, the tradition of handing over crisp currency notes to children as ‘eidie’ (gift) is unlikely to get affected. With Eid ul Fitr around…
