India's outward FDI halves to $2.28 billion in November, shows RBI data
Guarantees for overseas units nosedived to $568.9 million in November 2024, compared with $2.78 billion a year ago and $1.35 ...
Rupee touches new intra-day low of 84.88 due to rise in crude prices
The Indian rupee depreciated to a new low of Rs 84.88 per dollar on Thursday due to selling in domestic equities and a rise ...
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, became India's new central bank governor on Wednesday as the country's economic growth slows and inflation is rising.
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown ...
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Indian rupee hits record low, bonds rise as change of guard at India’s central bank spurs rate cut bets
India's central bank governor's exit could add a dovish tilt to India's monetary policy committee, economists say.
RBI authorises ISG to operate as payment aggregator
As a fully authorised payment aggregator, ISG will continue to act as a key enabler in India’s digital payments ecosystem, ...
RBI MPC Announcement Today: What To Expect From The Reserve Bank's Key Decisions
Some economists believe the RBI may opt to reduce the Cash Reserve Ratio (CRR) in its December meeting, which would provide ...
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Retail inflation in Nov eases to 5.48 pc as food prices moderate, creates headroom for rate cut
Retail inflation declined in November to 5.48 per cent and came within Reserve Bank’s comfort zone mainly due to easing food prices, creating headroom for a rate cut at the central bank’s rate-setting ...
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Das has often supported the idea of CBDCs He called CBDCs the future of finance RBI has been spearheading India’s CBDC ...