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In order to protect their people from investing in volatile cryptocurrencies, curb fake currency circulation, and reduce costs associated with physical cash management, countries across the globe are looking towards digital currencies.

Home loans to get dearer; EMIs, tenure to increase

The bank holidays list for December includes Christmas, four Sundays, and the second, and fourth Saturdays.

Telangana is only in 11th place in terms of outstanding liabilities of all the States whereas several BJP-ruled States are in top 10 with heavier liabilities.

Fish stock imports from other States decrease for first time since 2014 as TRS govt’s novel initiatives boost pisciculture.

Telangana State power utilities have appealed to the Power Finance Corporation not to insist on government guarantee for the loans given

Mumbai: Currency with the public has jumped to a new high of Rs 30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight […]

The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.

Mumbai: The Reserve Bank said the first pilot of the Central Bank Digital Currency — Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities. The use case for the pilot is settlement of secondary market transactions in government securities, the RBI said in a statement on Monday. Nine banks — […]

The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.

Various factors such as inflation, interest rates, quantum of public debt and current account deficit influence the dollar-rupee exchange rate to a great extent.

The buzzword of the day is ‘CBDC’ or Central Bank Digital Currency (e-rupee) as indicated by the Reserve Bank of India (RBI) in a recent concept paper.

Yet another international agency has now lowered India’s economic growth forecast. Contrary to the NDA government’s proud proclamations that the country would witness a high growth trajectory, one international organisation after the other has been downgrading India’s growth estimates. The latest to join the chorus is the International Monetary Fund (IMF) which has downgraded the […]

The price rise has been sharper in rural India. National Statistics Office showed consumer price index-based inflation (CPI) in rural India surged to 7.56 per cent in September while for urban India it stood at 7.27 per cent.

New Delhi: The Supreme Court on Wednesday asked the Centre and the RBI to file comprehensive affidavits on the 2016 demonetisation decision and also keep the files ready in connection with Centre’s letter to the RBI, the decision of the RBI Board, and the demonetisation announcement. During the hearing, a five-judge bench, headed by Justice […]

Though the RBI has been mopping up liquidity, it reversed its strategy to pump liquidity into the system through overnight variable repo auctions.

The downward spiral of the Indian rupee could hit the industry hard, especially production segments where imports are a crucial component.

On September 30, RBI said about 35 crore cards have been tokenised and the system is ready for the new norms which will set in from October 1.

The CAD will "modestly widen" in the first half of the fiscal year and narrow in the second half, Patra told reporters in the customary post-policy press conference.

Forex traders said the rupee gained as the dollar retreated from its elevated levels. However, the local unit is likely to remain volatile amid the announcement of the Reserve Bank of India (RBI) monetary policy decision.