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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 raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

6 Jun 2019 12:29 PM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)Business
Cheque payments refuse to go in a hurry here

India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.

6 Jun 2019 12:55 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.India
World Bank retains projections for India's economic growth at 7.5 per...

In its Global Economic Prospects report, the World Bank also said growth rate is expected to remain the same for the...

5 Jun 2019 9:02 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI likely to cut key rate 0.35 per cent tomorrow

Since governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 per cent...

5 Jun 2019 6:25 AM IST

Reserve Bank of India (RBI)Business
RBI enters top-10 list in gold reserves

Data published by the World Gold Council shows the RBI bought 12.1 tonnes of gold from the open market from January this...

5 Jun 2019 2:51 AM IST

Reserve Bank of India (RBI)Business
Batliboi barred from auditing banks

The central bank added that the action taken in the matter has been communicated to the Institute of Chartered...

4 Jun 2019 2:18 AM IST

Reserve Bank of India (RBI)Business
RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM IST

Reserve Bank of India (RBI)Business
RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

3 Jun 2019 2:48 AM IST

Reserve Bank of India (RBI)Business
RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST

Subir Gokarn was appointed the deputy governor of the RBI in 2009 for a term of three years and had the distinction of being the youngest deputy governor at that time. (Photo: File | PTI)Business
Former RBI deputy governor Subir Gokarn passes away

In November, 2015, Gokarn was appointed as an executive director on the board of the IMF.

31 July 2019 9:27 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
Economic Affairs Secretary Chakraborty nominated on central board of...

The nomination of Atanu Chakraborty is effective from July 29 and until further orders, RBI said.

30 July 2019 7:12 PM IST

Former Reserve Bank of India governor Bimal JalanBusiness
Higher tax for high earners may trigger fund flight: ex-RBI governor

Analysts and traders say this has been a major reason for foreign investors being net sellers from Indian equity...

29 July 2019 8:22 PM IST

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