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Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

4 Dec 2019 11:33 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may go for sixth repo rate cut to boost economy

The economy is expanding well below the rate needed to generate enough jobs for the millions of young Indians.

3 Dec 2019 2:08 PM IST

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.

DHFL shares fall nearly 5 pc as RBI starts resolution process

Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.

2 Dec 2019 4:37 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

Goyal asks PSBs to step up lending to MSMEs, farmers

Govt-RBI-bankers meet discusses ways to boost loan recoveries, credit disbursal.

29 Jan 2019 10:53 AM IST

Shaktikanta Das

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7.

28 Jan 2019 1:24 PM IST

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

RBI making u-turn, seen shifting to neutral in Feb, cutting rates by...

The RBI's mandate is to control price pressures, which historically have been difficult to tame in India.

24 Jan 2019 10:49 AM IST

Economic Affairs Secretary Shaktikanta Das

RBI needs to ensure stability: Shaktikanta Das

The country's growth story is backed by its strong domestic fundamentals, he said, citing lower inflation.

19 Jan 2019 10:20 AM IST

Shaktikanta Das

RBI-industry meet: India Inc pitches for rate cut to prop up growth

CII lauded the RBI for steps taken to ease financing challenges faced by the real sector.

17 Jan 2019 5:07 PM IST

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

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been...

17 Jan 2019 3:01 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI Governor to meet industry chambers on Thursday

Meeting comes ahead of the sixth bi-monthly monetary policy statement for 2018-19 scheduled to be announced on Feb 7.

16 Jan 2019 3:01 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.

RBI may take dovish stance in Feb policy with softer inflation

The report expect a 50 basis points of rate cut in the first half of 2019.

16 Jan 2019 1:49 PM IST