May 22, 2024 3:47 PM
The Reserve Bank of India (RBI) has urged retail investors to exercise caution while investing in cryptocurrencies, warning that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity. In its monthly bulletin r...
April 23, 2024 3:01 PM
India's economy is showing no signs of slowing down, with the Reserve Bank of India's Monetary Policy Committee (MPC) member Shashanka Bhide exuding confidence that the country can sustain a robust 7% growth rate in the current fiscal year and beyond...
April 1, 2024 9:23 AM
Prime Minister Narendra Modi will address a ceremony marking 90 years of the Reserve Bank of India in Mumbai today (Monday), the central bank said. The event will also be attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktika...
March 26, 2024 4:15 PM
S&P Global Ratings has revised India's growth projection from 6.4 percent to 6.8 percent. After a better-than-expected 7.6% growth in fiscal year 2024 estimated by the National Statistical Office, S&P India pegged real GDP growth to moderate ...
March 4, 2024 12:32 PM
Moody's has raised its GDP forecast for India in 2024 to 6.8%, signaling a positive economic outlook. The global credit rating agency's optimistic stance is grounded in India's position as the fastest-growing economy among G20 nations, driven by robu...
February 16, 2024 4:17 PM
India's economic growth may surpass 6% for the remainder of the decade, potentially reaching 6.5% or higher, Goldman Sachs Group's India economist, Santanu Sengupta, said on Friday. Sengupta shared his views in an interview with Bloomberg Television...
December 27, 2023 8:51 AM
The Reserve Bank of India (RBI) has released a draft- 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. According to RBI release, the focus of the draft norms is on rationalising the authorisation...
October 17, 2023 11:06 AM
In a concerning trend, India has been grappling with wholesale deflation for the past six months. The Wholesale Price Index (WPI) witnessed its sixth consecutive month of contraction in September, with inflation remaining in the negative territory ...
September 30, 2023 2:49 PM
India’s central bank, the Reserve Bank of India’s Governor Shaktikanta Das, has been rated ‘A+’ in the Global Finance Central Banker Report Cards 2023. The RBI Governor has been placed at the top of the list of three central bank governors wh...
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