reserve bank of india

The government is watchful and mindful of the impact of falling rupee on the country's imports, finance minister Nirmala Sitharaman said, while asserting that Indian currency has performed relatively better than others against dollar.…

The RBI on Friday asked banks to test their note sorting machines for accuracy and consistency every quarter to ensure currency notes conform to the prescribed parameters. Following demonetisation in November 2016, the Reserve Bank…

The Reserve Bank of India is keeping an eye on the rupee, Finance Minister Nirmala Sitharaman said on Friday amid a ballooning trade gap which is posing new risks for the currency. Sitharaman's comments on a day when the Centre…

NEW DELHI: India tightened exports of oil and imports of gold in an all-out effort to rein in the rupee that plunged to a fresh record Friday. The administration raised import taxes on gold, while increasing levies on exports of gasoline…

The domestic rating agency revised its real GDP growth forecast for India to 7.3%, from 7.8%, for FY23 on Friday. This can be attributed to the higher oil prices, slowing of export demand and high inflationary pressures. Crisil said…

India's economy managed to fend off global headwinds, high inflation, rising interest rates and a lingering Covid-19 pandemic with several high-frequency indicators remaining firm in June, rounding up a strong April-June quarter. Goods…

India's factory output expanded at its slowest pace in nine months in June as elevated price pressures continued to dampen demand and output, according to a private survey, which also showed business confidence was at its lowest in over…

The government on Thursday kept interest rates unchanged on small savings schemes, including National Savings Certificate and Public Provident Fund, for the second quarter of 2022-23 amid high inflation and rising interest rate. The…

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. In the RBI's annual 'Financial…

In signs that economic revival is gaining pace, bank loans rose 12.6 percent in May more than double the pace of 4.9 percent growth in May last year. Significantly all sectors- agriculture, industry, services as well as retail did better…