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The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.

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RBI maintains status quo; keeps repo rate unchanged at 6 per cent

The Reserve Bank of India on Thursday kept the key policy rate unchanged.

5 April 2018 3:09 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Business

RBI keeps key policy rate unchanged at 6 per cent

Growth has been recovering and output gap is closing.

5 April 2018 2:45 PM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

Business

State-run bank shares rally after RBI eases bankruptcy provision needs

The banks will need to achieve 50 per cent provision cover for those loans by end-June.

5 April 2018 12:23 PM IST

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

Business

Services sector back on growth track, job-creation at 7-yr high

Indian services sector activity returned to its growth track in March.

5 April 2018 12:01 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Business

Sensex surges 400 pts ahead of RBI policy, Nifty gains 124 points

The market breadth remained strong.

5 April 2018 10:20 AM IST

$The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited \suspicious\ amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo: AFP/Representational)$ India