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Reserve Bank Governor Urjit Patel. (Photo: PTI)

Stimulus, farm loan waiver to push up fiscal deficit by 1 per cent:...

Central bank in its October policy statement says inflation will go up by 0.50 per cent on such measures.

4 Oct 2017 5:27 PM IST

Dharmendra Pradhan (Photo: PTI/File)

Dharmendra Pradhan urges states to cut VAT on fuel by 5 per cent

He also went on to say that states are the ultimate beneficiaries of tax collection on petrol and diesel.

4 Oct 2017 5:24 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

GST roll out left short-term prospects uncertain, delayed investment:...

The Reserve Bank of India Governor Urjit Patel on Wednesday also kpet the repo rate unchanged at 6 per cent.

4 Oct 2017 4:44 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

RBI comes down heavily on MCLR, moots external benchmark

The base rate/MCLR regime is also not in sync with global practices on pricing of bank loans.

4 Oct 2017 4:24 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI on GST: Adverse impact on mfg, may delay investment revival

RBI forecast economic growth to slow to 6.7 per cent in current fiscal, from 7.3 per cent projected earlier.

4 Oct 2017 4:11 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Here's what experts have to say about RBI's monetary policy decision

Despite a slowing economic growth, RBI on Wednesday kept the repo rate unchanged at 6 per cent.

4 Oct 2017 3:53 PM IST

Indian stocks, bonds and currency markets will be closed on Monday for a holiday.

RBI slashes SLR by 50 bps, India's bonds plummet

The RBI said it would reduce banks' statutory liquidity ratio by 50 bps to 19.5 percent from the fortnight starting...

4 Oct 2017 3:37 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI maintains status quo; cuts growth forecast to 6.7 per cent in FY18

RBI is mandated to keep the headline inflation, which accelerated to 3.36 per cent for August, in the 4-6 per cent band.

4 Oct 2017 3:04 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI keeps repo rate unchanged at 7-year-low of 6 pc amid inflation...

This was fourth bi-monthly policy review of 2017-18 by RBI's Monetary Policy Committee.

4 Oct 2017 2:40 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol price down Rs 2.5 a litre, diesel by Rs 2.25

On petrol, excise has been cut to Rs 19.48 per litre from Rs 21.48 per litre and on diesel to Rs 15.33 a litre from Rs...

4 Oct 2017 2:04 PM IST

Prime Minister Narendra Modis government announced a new credit line of USD 4.5 billion to Bangladesh. (Photo: PTI)

India extends USD 4.5 billion in project finance to Bangladesh

Most of the equipment for the Indian-funded projects will have to be bought from India, said the Bangladesh Finance...

4 Oct 2017 1:50 PM IST

Research shows that people who are taught to appreciate the natural flavours of coffee are best able to reduce their sugar intake in the beverage (Photo: Pixabay)

India's coffee output pegged at record 3.5 lakh tons in 2017-18

The final output stood lower by 10.34 per cent at 3.12 lakh tonnes in 2016-17.

4 Oct 2017 12:53 PM IST