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2 mins read
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
2 mins read
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…
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
2 mins read
India's business activity surges to 7-month high in February
The growth rate in India's business activity accelerated to a 7-month high in February driven by a …
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
1 min read
RBI's income grew 20% while expenses shot up by 280% in FY22
While income for the year increased by 20.14 per cent, expenditure increased by 280.13 per cent,…
2 mins read
Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks
The Indian Finance Ministry on Friday exuded confidence that the country will achieve 6.5% growth i…
PTI
4 mins read
RBI MPC holds interest rate as expected but stance maintained at ‘withdrawal of accommodation’
“Being in the inflation tolerance band is not enough. Our goal is to bring inflation to 4%,” s…
3 mins read
India’s first quarter GDP may surpass RBI MPC projection
The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…
3 mins read
India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla
"With a government-led push to infrastructure investments and pragmatic policies such as the pr…
PTI
2 mins read
As inflation cools off, RBI Guv says 'monetary policy on right track'
With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in…
3 mins read
RBI’s MPC could pause rate hikes in April to gauge the impact of hikes so far: SBI Research
The Reserve Bank of India’s Monetary Policy Committee (MPC) could decide to pause rate hikes when i…
2 mins read
Petrol pumps are again the favourite hunting ground to dump Rs 2,000 notes
One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be …
5 mins read
Inflation expected to cool down but economists expect another rate hike after January shocker
Economists expect inflation to cool down and drop to 5% by April this year, comfortably below the u…
2 mins read
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
5 mins read
RBI cuts FY23 GDP growth forecast to 7% as developed world heads into recession
“Against this challenging global environment, economic activity in India remains stable. While…
2 mins read
Bankers say private capex will take one more year to revive
Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…
PTI
1 min read
Shifting to old pension scheme may lead to liability add-up in future: Raghuram Rajan
As several state governments have shown their intent of shifting to the old pension scheme, former …
2 mins read
Budget 2023: Morgan Stanley sees focus to be on fiscal consolidation, investment-led growth
The government is in the process of finalising the Budget document to be presented on February 1.
ANI
2 mins read
I belong to middle class, understand their pressures: Sitharaman before Budget
"I too belong to the middle class so I can understand the pressures of the middle class. I identify…