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The decision was made by a 8-1 vote with board member Goushi Kataoka dissenting.

BOJ removes timeframe for price goal, keeps policy steady

BOJ left its inflation forecast for next fiscal year unchanged from three months ago, at 1.8 per cent.

27 April 2018 10:19 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Disappointed over US plans to tighten visa norms: Prabhu

Bilateral trade between the countries has increased to USD 64.52 billion in 2016-17 from USD 62.11 billion.

26 April 2018 2:33 PM IST

Total bilateral trade in services in 2017 was USD 51.8 billion, an increase of 11 per cent from the previous year.

Need for serious negotiations on US-India FTA: experts

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years.

26 April 2018 10:56 AM 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.

Currency hoarding on despite govt, RBI assurance

Currency in circulation has risen by 33 per cent year-on-year to Rs 18.9 lakh crore as of April 20.

26 April 2018 9:06 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 6:07 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 April 2018 4:34 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

Infra lending may take a back seat as RBI refuses to budge on new NPA...

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 April 2018 2:00 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

India's economy could grow at 7.4 per cent in 2018-19: RBI

India's annual retail inflation eased for a third straight month in March to 4.28 per cent.

23 April 2018 8:35 AM IST

Reserve Bank Governor Urjit Patel

RBI expects India to grow at 7.4 per cent

Patel said that several factors are expected to accelerate the pace of growth in FY19

23 April 2018 1:37 AM IST

Pradhan Mantri Jan Dhan Yojana was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.

Deposits in Jan Dhan accounts cross Rs 80,000 crore

India's financial inclusion efforts have won recognition from the World Bank.

22 April 2018 1:56 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Probability of RBI rate hike has increased, say experts

The minutes of the RBI's monetary policy committee (MPC) are 'hawkish' and indicate a hike in key policy rates.

22 April 2018 11:24 AM IST

World Trade Organisation chief Roberto Azevedo. (Photo: PTI)

Escalating trade dispute could derail recovery: WTO chief

The impact of an all-out trade war would hit poor countries.

21 April 2018 10:29 AM IST