RBI
AA Edit | RBI focus still on inflation
The central bank observed that inflation — excluding vegetables — has been rising well above the upper tolerance band
AA Edit | Demonetisation valid, but was it judicious?
The dissenting order refuses to accept this reasoning and has found the process to be suffering from legal infirmities
RBI to keep track of all payment touch points
The RBI said that capturing the accurate location of existing payment system touch points is essential to upscaling
RBI launches UPI for feature-phone users
UPI is gaining popularity and is becoming one of the most preferred methods of digital transactions in India
RBI appoints advisory panel to assist R-Cap administrator
The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle, ex-MD&CEO, Tata Capital
Eight firms selected for cross-border payments
RBI said Book My Forex product facilitates fully online outward cross-border remittances to bank accounts and debit/prepaid cards overseas
Private manufacturers see 75% surge in Q1 sales: RBI
The sales growth of IT sector companies, on a year-on-year (YoY) basis, accelerated to 17.5 per cent in Q1 of FY22 to Rs 1.13 lakh crore
Sign of recovery? GDP sees rise of 20 per cent in April-June
Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative of economic recovery
NSE IFSC to introduce trading in US stocks
A depositary receipt is a negotiable certificate representing shares in a foreign company traded on a local stock exchange
RBI working on digital currency, pilot projects likely in near future: Dy Governor
The RBI has also been exploring the pros and cons of introduction of CBDCs since quite some time