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RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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RBI announces auction sale of Govt. securities of ₹32,000 crore

The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs …

ANI   


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India is building up gold reserves says RBI governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…

PTI   


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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady

Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…

ANI   


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After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…

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At USD 642.292 bn, India's foreign exchange reserves hit all-time high

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …

ANI   


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The US dollar has become so weaponized that central banks are snapping up politically-neutral gold

Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…

Huileng Tan   


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RBI brings 100 mt gold reserve from UK to India; nothing more should be read into it: Das

The quantum of gold stored outside was static for a long time, Reserve Bank of India Governor Da…

PTI   


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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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Forecast of ‘above-normal’ monsoon sparks hope for economy, but there’s a catch!

Amid ongoing impacts of climate change, scientists have been warning us that not all ‘above-normal’…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…

ANI   


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The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Not just China, but other central banks including Turkey and India are loading up on gold, amid a s…

Huileng Tan   


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Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…

PTI   


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DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever

The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …

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India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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Central Bank of India logs Rs.717 crore net profit for Q3

Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…

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Brace for ‘climateflation’: Study predicts rise in food price inflation amid worsening climate change

Imagine a future where your grocery bill climbs higher each year, not because of lavish spending or…

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India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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India's forex kitty rises by $6.40 billion to $642.50 billion

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended Mar…

PTI