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"rbi"

  • Industry body PHDCCI submits recommendations related to housing, banking sectors to RBI

    Industry body PHDCCI has submitted several recommendations on issues related to the housing sector, banking and foreign trade to RBI
  • Price pressure in food items to be transitory; elevated inflation warrant greater vigil: FinMin

    Finance ministry on Tuesday said price pressure on food items is expected to be transitory, with tomato prices seeing a decline
  • Economic Review: Global uncertainty and domestic disruptions to sustain high inflation

    The review highlighted the government's proactive steps to curb food inflation, anticipating relief as fresh stock arrives to alleviate price pressures.
  • Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

    The rupee depreciated by 2 paise and settled for the day at an all-time low of 83.12 (provisional) against the US dollar on Monday
  • Retail inflation jumps to new high of 7.44 per cent in July 2023

    India's retail inflation measured by consumer price index (CPI), saw a huge rise to 7.44 per cent in July owing to hike in food prices
  • RBI to launch pilot for ‘Public Tech Platform’ on Aug 17

    The Reserve Bank will launch a pilot project for 'Public Tech Platform' that seeks to facilitate credit through seamless flow of required digital information
  • WPI inflation stays in negative for fourth month at (-) 1.36 pc in July, food prices skyrocket

    The inflation, however, has inched up from (-)4.12 per cent recorded in June fuelled by 62.12 per cent rise in vegetable prices
  • India’s forex reserves drop USD 2.42 bn to USD 601.45 bn

    India's forex reserves dropped for the third consecutive week, declining by USD 2.417 billion to USD 601.453 billion as of August 4
  • RBI Governor pitches for global debt data sharing platform

    Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of the solution
  • RBI Governor pitches for expeditious completion of quota review at IMF

    Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund
  • RBI’s decision to keep rates unchanged on expected lines: Experts

    RBI left its key policy rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher
  • RBI raises transaction limit for offline UPI Lite payments from Rs 200 to Rs 500

    UPI payments system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace
  • RBI’s decision on interest rate to support growth, check inflation: Industry

    The Reserve Bank's decision to maintain the status quo on policy rate will support growth and keep inflation under check
  • RBI asks banks to redouble recovery efforts

    Swaminathan said banks make a provision against a dud asset and at the time of a write-off the provisions have to equal the outstandings in an account
  • RBI proposes to introduce UPI payments through AI conversations

    Reserve Bank of India on Thursday proposed to introduce and enable UPI-based payments through AI-powered conversations
  • Markets fall post RBI monetary policy decision

    Benchmark equity indices declined on Thursday post the RBI monetary policy, dragged down by banking counters
  • Rupee rises 17 paise to close at 82.68 against US dollar post RBI policy decision

    The rupee gained 17 paise to close at 82.68 (provisional) against the US dollar on Thursday after the Reserve Bank left its key interest rates unchanged
  • RBI retains repo rate at 6.5%

    RBI Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent.
  • Opinion: Sticky last mile US inflation

    For India, fiscal consolidation should not be only about growth but spending prudence should also be adhered to
  • Forex reserves drop by USD 3 bn to USD 603.87 bn in 2nd consecutive weekly decline

    India's forex reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the RBI said on Friday
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