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Factory output grew at a higher rate of 9.9 per cent in October last year mainly driven by better performance of manufacturing sector and increase in output of capital goods by 16.5 per cent.

Manufacturing PMI falls to 3-month low in May

RBI changing neutral monetary policy stance to accommodative in coming months in order to support the economy.

1 Jun 2017 12:05 PM IST

Finance minister ArunJaitley

Normalcy in currency operations restored: Jaitley

Finance Minister says currency note printing presses of RBI and govt have worked without a break to remonetise by...

17 Feb 2017 12:38 PM IST

RBI Governor Urjit Patel. (Photo: PTI)

Urjit patel says looking beyond muted headline inflation: report

Falling food prices helped cool India's consumer inflation rate to 3.17 per cent in January year-on-year.

17 Feb 2017 11:06 AM IST

RBI governor Urjit patel

Urjit Patel signed new Rs 2000 notes while Rajan was still in office:...

Significantly, this was just a day after Urjit Patel was named as his successor.

17 Feb 2017 9:48 AM IST

Finance minister ArunJaitley

Remonetisation process almost complete: Jaitley

Finance Minister says situation almost normal and RBI monitoring currency supply position on daily basis.

16 Feb 2017 5:28 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.

Dalian Wanda seeks relaxation in norms

Wanda wants to bring $10 billion into India as external commercial borrowings (ECBs) as against the $750 million limit...

16 Feb 2017 6:09 AM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

Inflation touches 30-month high on surging fuel prices

In December and November, it stood at 3.39 per cent and 3.38 per cent, respectively.

15 Feb 2017 5:17 AM IST

Prime Minister Narendra Modi addresses the BJPs Parivartan Sankalp Rally in Ghaziabad. (Photo: PTI)

PM doesn't know it, the joke's on us

The RBI was asked to sign on the dotted line on demonetisation, leaving a stain on the autonomy of the country's...

13 Feb 2017 2:31 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

India banking bailout cost 'manageable': IMF

Of that total, the govt's share would be between 1.0 and 1.6 per cent of gross GDP over the four years to March 2019.

22 Feb 2017 8:06 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Govt mulls reducing MDR charges on card payments

The new charges, as per the RBI draft would come into effect from April 1.

21 Feb 2017 7:21 PM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

Good & bad news on inflation, WPI

The government has two options. It can either lower the duties on imported fuel or subsidise kerosene and LPG.

18 Feb 2017 6:11 AM IST

Foreign holding in HDFC Bank hits limit again: RBI

HDFC Bank Ltd has crossed the overall limit of 74 per cent of its paid-up capital.

17 Feb 2017 2:19 PM IST