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 touches new intra-day low of 84.88 due to rise in crude prices
The Indian rupee depreciated to a new low of Rs 84.88 per dollar on Thursday due to selling in domestic equities and a rise ...
RBI authorises ISG to operate as payment aggregator
As a fully authorised payment aggregator, ISG will continue to act as a key enabler in India’s digital payments ecosystem, ...
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Retail inflation in Nov eases to 5.48 pc as food prices moderate, creates headroom for rate cut
Retail inflation declined in November to 5.48 per cent and came within Reserve Bank’s comfort zone mainly due to easing food prices, creating headroom for a rate cut at the central bank’s rate-setting ...
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Das has often supported the idea of CBDCs He called CBDCs the future of finance RBI has been spearheading India’s CBDC ...