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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on...

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

6 Jun 2019 12:53 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Highlights of RBI's monetary policy statement

Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.

6 Jun 2019 12:48 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

RBI lowers economic growth forecast to 7 pc for FY20

Weak global demand due to escalation in trade wars may further impact India's exports and investment activity, said RBI.

6 Jun 2019 12:41 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

6 Jun 2019 12:29 PM IST

Shaktikanta Das

RBI cuts key rate by 25 bps, changes neutral policy stance to...

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

6 Jun 2019 12:04 PM IST

Narendra Modi was Saturday appointed Prime Minister by President Ram Nath Kovind after he was unanimously elected NDA parliamentary party leader at a meeting in which he asked its members to work without discrimination, stressing on the need to win over the trust of minorities. (Photo: Twitter/ @BJP4India)

After dismal data, India sets up cabinet panels on jobs, economy

The unemployment rate rose to a multi-year-high of 6.1 per cent in the 2017-18 fiscal year.

6 Jun 2019 11:46 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty start on a cautious note ahead of RBI policy outcome

The 30-share index was trading 31.03 points, or 0.08 per cent, lower at 40,052.51.

6 Jun 2019 10:16 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee slips 19 paise against dollar in early trade ahead of RBI policy...

foreign fund outflows and rising crude oil prices also kept pressure on the Indian rupee.

6 Jun 2019 10:13 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler withdraws offer of merger with Renault

The government has warned against any haste' regarding the proposed 50/50 merger.

6 Jun 2019 8:49 AM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)

Cheque payments refuse to go in a hurry here

India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.

6 Jun 2019 12:55 AM IST

Then on April 10, 2019, the carmaker officially had the global reveal in London.

MG EZS to make all-electric SUV in Gujarat

The MG EZS was first revealed at the Guangzhou Motor Show 2018 in China last November.

6 Jun 2019 12:55 AM IST

Ayurveda adopts Artificial Intelligence

The custom-made product, taking all the details into account, is then made available online.

6 Jun 2019 12:54 AM IST