India’s overnight rates have risen above the central bank’s key policy rate, driven by monthly tax outflows, which could result in weakened participation at the central bank’s next liquidity ...

India has pushed the timing of publishing an overnight benchmark rate by two hours, with effect from August 4, Financial Benchmark India said.

Key Takeaways The Reserve Bank of India is India's central monetary authority. It is in charge of setting monetary policy, managing currency, and keeping the financial system stable.

In an effort to reduce overcrowding on Mumbai’s trains, the Maharashtra government has formed a special committee to study and suggest staggered office timings for government offices located in Mumbai ...