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Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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2 mins read

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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4 mins read

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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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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Rupee falls 10 paise to close at 83.50 against US dollar; Downside restricted by easing political uncertainties, per traders

The rupee settled for the day lower by 10 paise at 83.50 (provisional) against the US dollar on Mon…

PTI   


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1 min read

RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI   


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Rupee jumps 18 paise to close at 83.11 against US dollar

The rupee rallied for the fourth consecutive trading session on Friday and appreciated by 18 paise …

PTI   


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Rupee rises 12 paise to 83.17 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.26 and gained further gro…

PTI   


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Rupee rises 17 paise to close at 83.33 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.50 and touched an intrada…

PTI   


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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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Rupee trades in narrow range against US dollar in early trade

The rupee was trading in a narrow range against the US dollar in early trade on Monday, tracking a …

PTI   


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4 mins read

India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate

India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…

PTI   


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In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn

In September 2021, the country's forex kitty had reached a high of USD 642.453 billion, which w…

PTI   


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RBI to soon launch app to enable retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…

PTI   


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RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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RBI sees price of India's crude oil imports at $85 a barrel in FY25

The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…

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Rupee rises 9 paise to close at 83.30/USD post-RBI policy decision

The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve …

PTI   


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2 mins read

Rupee falls 6 paise to 83.45 against US dollar in early trade

The rupee depreciated 6 paise to 83.45 against the US dollar in early trade on Friday, as market pa…

PTI   


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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…