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UNBELIEVABLE: 3 | History Defined

Consumer confidence recovers in November; future index remains steady: RBI report

NEW DELHI: Consumer confidence continued on its recovery path in November but remained in pessimistic zone, a survey released by Reserve Bank of India (RBI) showed on Wednesday.

The Times of India

RBI Monetary Policy Committee Hikes Policy Rate By 35 Bps To 6.25 Per Cent

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect. Read on for details:

Dynamite News

‘Not thoughtless’: In SC, RBI backs government on demonetisation

NEW DELHI: Backing the Centre’s 2016 demonetisation decision, the Reserve Bank of India on Tuesday told the Supreme Court that it was not a “thoughtless” process as contended by petitioners who are challenging the decision and submitted that the court should refrain from scrutinising it for it was an economic…

The Times of India

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Delhi HC Seeks RBI Stand On PIL Seeking Uniform Banking Code For Foreign Exchange Transactions

The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and Benami transactions. Read on for details:

Dynamite News

RBI's Digital Rupee A "Game Changer", Says SBI Chairman Dinesh Khara

The Reserve Bank of India's pilot project on retail digital Rupee is a "game changer", said SBI Chairman Dinesh Khara, and added that it will have durable effects which would ensure better monetary transmission at much lesser costs. Read on for details:

Dynamite News

Global economy must start bracing for low inflation, says Raghuram Rajan

The global economy could go back to a low inflation regime and central bankers pursuing restrictive monetary polices should keep that in mind, said Raghuram Rajan, a former governor of Reserve Bank of India (RBI).

The Times of India

Digital Rupee: Central Bank Digital Currency Is Going To Be Major Transformation Of The Way Business Is Done, Says RBI Guv

Governor Shaktikanta Das said, "Yesterday, we launched the trial of our digital currency, Central Bank Digital Currency (CBDC) project. It was indeed a landmark moment in the history of currency in our country. Read on for details:

Dynamite News

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Raghuram Rajan explains why India should not follow China's economic model

NEW DELHI: Encouraging India to adopt a services-led export model, former Reserve Bank of India (RBI) governor Raghuram Rajan said that following China's manufacturing-led export path would have been detrimental to world economy.

The Times of India

India's forex reserves rise for the first time in over 2 months

MUMBAI: India's foreign exchange reserves rose to $532.87 billion in the week through October 7, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.

The Times of India

Forex reserves decline to over 2-year low of $532.66 billion

MUMBAI: India's foreign exchange reserves fell to $532.66 billion in the week through September 30, their lowest level since July 2020, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.

The Times of India

Yes Bank gets RBI nod for appointment of Prashant Kumar as MD and CEO

NEW DELHI: The Reserve Bank of India has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for three years with effect from October 6, 2022.

The Times of India

New rules for debit, credit cards begin with tokenisation today,

New Delhi The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens Read more on Dynamite News:

Dynamite News

Daily Dose Ep 1164: Sharjeel Imam granted bail in sedition case, RBI hikes repo rate

Tanishka Sodhi brings you the news from New Delhi, the Supreme Court, the Reserve Bank of India, and Afghanistan.

Newslaundry

Consumer confidence continues to recover from pandemic lows; future expectations remain steady: RBI survey

NEW DELHI: Consumer confidence survey released by Reserve Bank of India (RBI) on Friday for the month of September showed decent recovery in sentiments.

The Times of India

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The Times of India

Explained: How RBI rate hike may impact your EMIs

NEW DELHI: The Reserve Bank of India's (RBI) decision to raise benchmark lending rates just ahead of the festive season may hit consumers' buying sentiments.

The Times of India

Sensex, Nifty rebound after 7-day fall; surge nearly 2% post RBI rate hike

NEW DELHI: Equity indices snapped 7-day losing streak as markets cheered Reserve Bank of India's (RBI) rate hike decision.

The Times of India

High inflation, bleak global outlook: Why RBI hiked repo rate by 50 bps

NEW DELHI: A stubbornly high inflation and persistently falling rupee promoted the Reserve Bank of India's (RBI) monetary policy committee (MPC) to raise benchmark lending rates for the 4th time in a row on Friday.

Dynamite News

RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained

Mumbai The Reserve Bank of India (RBI) on Friday hiked repo rate">rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read more on Dynamite News:

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The Independent UK

India raises interest rate to 5.90% to tame inflation

India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated food and energy prices, debt distress and currency depreciation

Dynamite News

Three-day RBI monetary policy meet starts today; another repo rate hike likely

The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today. Read more on Dynamite News:

Newslaundry

Falling Rupee: TOI says ‘it’s all right’, Express says ‘hawkish commentary roiled markets’

While the Indian rupee has continued to hit record lows, editorials by prominent English dailies have differed on the role played by the Reserve Bank of India.

The Hindu

Currency pressure: On the rupee’s depreciation against the dollar

The Reserve Bank of India will have to ensure price stability and prevent further weakening of the rupee

The Times of India

Near 2-year low: Forex reserves fall for 7th straight week to $545.65 billion

MUMBAI: India's foreign exchange reserves fell for a seventh straight week, dropping to $545.652 billion in the week to September 16, its lowest level since October 2, 2020, Reserve Bank of India's weekly statistical supplement showed on Friday.

The Times of India

Sensex crashes 1,021 points; Nifty settles at 17,327: Top reasons behind market fall

NEW DELHI: Equity indices dragged for third straight session on Friday with the benchmark BSE sensex crashing over 1,000 points amid an overall bearish trend in global markets.

The Times of India

RBI deputy governor pitches for data law to protect customers' privacy

NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar on Monday pressed for a law to protect customers' privacy to ensure that monetisation of customer data is done in a responsible manner.

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