India's outward FDI halves to $2.28 billion in November, shows RBI data
Guarantees for overseas units nosedived to $568.9 million in November 2024, compared with $2.78 billion a year ago and $1.35 ...
Rupee hits record low, RBI intervention counters bearish tilt
The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for ...
India’s new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic ...
India’s Inflation Eases, Giving Elbow Room to New RBI Chief
India’s inflation cooled last month, bringing some relief to the newly-appointed central bank chief who has vowed to focus on ...
India's Burman family gets RBI nod to raise stake in Religare
The Reserve Bank of India (RBI) approved billionaire Burman family's plan to buy more shares in financial services provider ...
India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
India's 10-year benchmark bond yield was at 6.71% on Wednesday, off last week's low of 6.65%. It was last at 6.60% in January ...
India's November CPI Inflation Moderates To 5.48%, Food Inflation Cools Down; RBI Target Still Far
India’s retail inflation, as measured by the Consumer Price Index (CPI), eased to 5.48% in November, down from 6.21% in ...
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Have more than one bank account? NEW RBI rules to charge penalty? Know here
The Reserve Bank of India (RBI) has introduced new rules regarding multiple bank accounts. These rules aim to enhance ...