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The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.Business
RBI cuts inflation forecast to 2.9-3 pc for H1 FY20

In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the...

4 April 2019 12:38 PM IST

Shaktikanta DasBusiness
RBI cuts key rate by 25 bps to 6 pc to boost economic activitiy

The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.

4 April 2019 11:53 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.Business
Politics and policy easing to hurt Indian rupee: report

The rupee was the worst performing Asian currency last year.

4 April 2019 10:16 AM IST

Amitabh KantBusiness
Govt, RBI will have to bring new rules: Kant on SC order on NPA...

The ruling came on a petition filed by 34 power companies which alone owe Rs 2.3 lakh crore to banks.

3 April 2019 2:22 PM IST

Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)Business
'Wrong policies' of BJP govt broke back of companies: Chidambaram

The apex court also quashed all IBC proceedings initiated by banks under the RBI circular against defaulters.

3 April 2019 10:57 AM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)Business
Supreme Court quashes RBI's February 12 circular on one-day default

The court also held that reference under IBC has to be on case-specific basis and with authorisation of the central...

3 April 2019 12:23 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.Business
SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

2 April 2019 7:42 PM IST

Supreme Court of India. (Photo: Representational Image)Business
SC quashing RBI circular to give relief to power cos but delay...

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril...

2 April 2019 5:43 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI begins 3-day meet on monetary policy amidst rate cut hopes

A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.

2 April 2019 5:05 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)Business
India's manufacturing growth at 6-month low in March: PMI

The Nikkei India Manufacturing Purchasing Managers' Index (PMI) declined to 52.6 in March from 54.3 in February.

2 April 2019 11:36 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.Business
RBI to cut rates again before vote; BJP victory best for economy:...

India's growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.

2 April 2019 11:11 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST

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