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Economic Affairs Secretary Shaktikanta Das

SC ruling: RBI to come out with fresh circular on resolution of bad...

Supreme Court had on Tuesday quashed RBI circular that pertains to provisions for referring the defaulter to NCLT.

4 April 2019 1:06 PM IST

GDP stands for Gross Domestic Product.

RBI lowers GDP growth forecast to 7.2 per cent for 2019-20

Higher financial flows to the commercial sector augur well for economic activity, says RBI.

4 April 2019 1:02 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Rate sensitive stocks show mixed trend post RBI policy announcement

The BSE banking index was trading at 33,735.77, down 112.23 points or 0.33 per cent.

4 April 2019 12:49 PM IST

Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Overall credit growth not broadbased, to MSMEs it's muted: Shaktikanta...

Das said the RBI will continue to watch macroeconomic factors and will act timely on the same.

4 April 2019 12:42 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 cuts inflation forecast to 2.9-3 pc for H1 FY20

In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the...

4 April 2019 12:38 PM IST

Shaktikanta Das

RBI cuts key rate by 25 bps to 6 pc to boost economic activitiy

The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.

4 April 2019 11:53 AM IST

For every 10 per cent increase in output produced, the other services sector employment grew by 4.7 per cent, while the manufacturing sector employment grew by just 3.3 per cent.

India's services sector output growth at six-month low in March:...

Nikkei India Services Business Activity Index fell to 52 in March from 52.5 in Feb, indicating slowest growth since last...

4 April 2019 11:32 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Politics and policy easing to hurt Indian rupee: report

The rupee was the worst performing Asian currency last year.

4 April 2019 10:16 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee slips 25 paise against in early trade ahead of RBI policy...

Rupee is trading at 68.66 against dollar ahead of the Reserve Bank of India's policy decision and foreign fund outflows.

4 April 2019 9:59 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

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

The 30-share index had settled 179.53 points, or 0.46 per cent lower, at 38,877.12 in the previous session.

4 April 2019 9:54 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways delays March salary payment to employees, engineers meet...

Jet Airways delayed March payment to its all 16,000 employees for the third time since September last year.

4 April 2019 9:00 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Telcos need to submit plan details of segmented offers every month:...

Telecom operators will have to share tariff details across all of their retail outlets, point of sales and on their...

4 April 2019 8:54 AM IST