RBI Hikes Key Rate By 0.50% To 5.40%
Inflation has been ruling above the RBI’s comfort level of 6% since January 2022 and the RBI governor expects that trend to continue. The Reserve...
Tag : RBI
“Our Future Lies In Strengthening Liberal Democracy”: Raghuram Rajan Speaks On Indian Economy
by News Desk
Raghuram Rajan while speaking at AIPC session in Raipur said that India’s future lies in strengthening Liberal democracy. He also pointed out to Sr Lanka...
Business Tit-Bits: IMF, Corporate Profits and MSME Closures
The International Monetary Fund (IMF) on Tuesday slashed India’s economic outlook for financial year 2022-23 to 7.4%. The outlook has been revised down by 0.8...
Featured Retail Inflation At 7.01 Per Cent In June; Above RBI’s Tolerance Limit For Sixth Straight Month
The retail inflation, measured by the Consumer Price Index (CPI), marginally eased to 7.01 percent in June. Mumbai: The Retail Inflation, which is measured by...
RBI Fines Ola Financial Services For Violating Norms, Imposes Rs 1.67 Crore Penalty
The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007, the central...
Business Tit-Bits: Monetary Policy Roller Coaster
RBI is confident of exiting from ultra-loose monetary policy smoothly and ensuring a soft landing for the economy, said Governor Shakikanta Das at a...
RBI Hikes Rates, Here Is What You Need To Know
by Shashank
Interest rates on term loans such as houses, cars, and personal are linked with the external benchmark including the repo rate The Reserve Bank of...
No Effect of Demonetisation??? Counterfeit of ₹500, ₹2000 Back In Circulation Higher Than Ever
by News Desk
While much of the transaction has switched to UPI or net banking as compared to 4-5 years ago, cash is still not out of...
Indian Rupee Fell To Record Against Dollar, Market Watches RBI To Intervene
by Aleesha Sam
Traders will also watch for central bank intervention if the currency racks up sharper losses during the session....
Business Tit-Bits: SBI’s Numbers Don’t Impress
Country's biggest state-owned lender, State Bank of India (SBI), on Friday reported 41.2 per cent year-on-year...