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The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Dollar swaps can lower top 500 cos' interest burden by Rs 7000 crore

RBI had on March 26 conducted first of forex swap auctions raising USD 5 billion promising to pay back in rupees in...

16 April 2019 4:28 PM IST

As per the Central Statistics Office (CSO) data inflation in vegetables contracted by 2.19 per cent last month, compared to 7.8 per cent in June.

WPI inflation spikes to 3.18 per cent in March on costlier food, fuel

Inflation in food articles hardened with steep rise in prices of vegetables during March 2019.

15 April 2019 12:26 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 net dollar buyer for third straight month in Feb, snaps up USD 825...

The central bank had turned net buyer of dollar for the first time in fiscal 2019 in December 2018, buying USD 607 mn.

14 April 2019 4:28 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI to remain watchful on growth, financial stability: Shaktikanta Das

India's current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.

13 April 2019 11:42 AM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Retail inflation edges up to 2.86 per cent in March on costlier food...

The consumer price index (CPI)-based retail inflation was at 2.57 per cent in February this year.

13 April 2019 9:06 AM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

India Inc is seeking dollar borrowings, but only select firms will...

For making offshore debt attractive Reserve Bank of India has eased external commercial borrowings guidelines.

12 April 2019 9:06 AM IST

With Google Pay, the company aims to make mobile payments less confusing. Whenever users make a purchase from Google or from any of its partners, they will see an option for Google Pay.

How is Google Pay operating without authorisation: Delhi HC asks RBI

A PIL claims that GPay was acting as a payments system provider in violation of the Payments and Settlements Act.

10 April 2019 3:16 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

Following smaller peers, SBI cuts loan rates by marginal 5 bps

The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.

10 April 2019 8:38 AM 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 issues norms for banks to set up currency chests

The new chests should have a processing capacity of 6.6 lakh pieces of banknotes per day.

9 April 2019 9:22 AM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Retail NBFCs likely to see improved liquidity in second half of FY 20

The central bank is also working towards merging three categories of NBFCs.

8 April 2019 8:59 AM IST

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

RBI says not yet approved merger of Lakshmi Vilas and Indiabulls...

Shareholders of the Chennai-based bank will get 0.14 share in Indiabulls for every share held in the lender.

8 April 2019 8:49 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Market in consolidation mode

Domestic data such as manufacturing and industrial numbers and inflation will also be seen.

8 April 2019 1:31 AM IST