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Viral Acharya. (Photo: YouTube screengrab)

Early exit of Acharya from RBI not to roil markets: SBI report

In his resignation, he expressed inability to continue beyond July 23, 2019, the RBI said.

24 Jun 2019 7:24 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 panel defers reserves report for fourth time

The panel will submit the report after the federal budget in July, the official said.

24 Jun 2019 1:22 PM IST

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

RBI deputy governor Viral Acharya resigns citing personal...

Viral Acharya would return to a teaching position at Stern School of Business, as per a news report.

24 Jun 2019 9:13 AM IST

The Reserve Bank of India on Friday fixed the reference rate of the rupee at 64.9884 against the US dollar.

Forex trading platform for retail participants ready for rollout on...

RBI said no transaction charges will be levied by CCIL on transactions of customers if transactions do not exceed USD...

20 Jun 2019 7:55 PM IST

The card, which will be issued by Goldman Sachs Group Inc and will use the Mastercard Inc network, will come with new features in the Apple Wallet to help users track their spending with a breakdown of monthly purchasing.

India to review data storage rules that irked US tech firms

The decision to review the rules comes at a time when trade tensions between India and United States have risen.

19 Jun 2019 12:22 PM IST

RBI fines HDFC Bank Rs 1 crore for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of...

19 Jun 2019 9:25 AM IST

Building a robust data protection framework will achieve the dual purpose of privacy and innovation besides strengthening Indias position as a global tech leader, said Minister of Commerce and Industry, Piyush Goyal. (Photo: ANI)

India to address concerns on e-commerce data storage requirements

Each and every concern of the industry will be addressed, the ministerPiyush Goyal said while referring to the data...

18 Jun 2019 1:59 PM IST

Reserve Bank of India (RBI)

RBI to review data storage rules for payment firms: Government

All the companies who were represented in this meeting put forth their concerns related to RBI data storage...

18 Jun 2019 12:36 PM IST

Reserve Bank of India (RBI)

RBI may cut rates by another 25 bps in 2019: Fitch Ratings

RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to...

18 Jun 2019 8:59 AM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

India's services exports up 2.8 pc to USD 18.06 bn in April

The services sector receipt or exports during April 2018 stood at USD 17.56 billion.

14 Jun 2019 7:26 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI to pump in Rs 12,500 cr liquidity on June 20

The government securities to be purchased in the auction would be communicated in due course, the RBI added.

14 Jun 2019 8:46 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS to implement RBI's information and management system for 310 crore

TCS pipped other IT majors like IBM India, Infosys, Larsen & Toubro Infotech to get the key project of the central bank.

13 Jun 2019 8:51 AM IST