Retail inflation rises to 7.59% in January
Retail inflation inched up to 7.59% in January on costlier food items, government data showed on Wednesday. The Consumer Price Index-based retail inflation was 7.35% in December 2019 and 1.97%…
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Retail inflation inched up to 7.59% in January on costlier food items, government data showed on Wednesday. The Consumer Price Index-based retail inflation was 7.35% in December 2019 and 1.97%…
President Ram Nath Kovind on Wednesday said the Reserve Bank of India’s (RBI’s) enhanced regulatory role will deter malpractices and make the nation’s financial system more credible. “Regulatory oversight of…
Investments by Indian firms in foreign countries in January 2020 rose by nearly 40 per cent to $2.10 billion on a yearly basis, according to data by the Reserve Bank.
State Bank of India (SBI) and three other public sector banks have reduced interest rates on loans as well as deposits after the Reserve Bank of India (RBI) reduced the…
The department of telecom (DoT) has approved raising of foreign direct investment in Bharti Airtel to 100 per cent from 49 per cent allowed earlier, a stock exchange filing of…
Flipkart co-founder Sachin Bansal has said that he will deploy all the proceeds from the sale of his stake in the e-commerce player into his financial services venture Navi Technologies,…
The government has appointed Michael Debabrata Patra as deputy governor of the Reserve Bank of India in charge of monetary policy in place of Viral Acharya who stepped down in…
Panic stricken depositors milled around the Sri Guru Raghavendra Cooperative Bank here on Tuesday to withdraw their money, days after the Reserve Bank of India (RBI) capped the withdrawal limit…
The government on Tuesday approved appointment of Michael Debabrata Patra as the new deputy governor of the Reserve Bank of India for a period of three years. Patra will replace…
Spike in headline inflation is an “unwanted complication” in a slowing economy and will prevent the Reserve Bank from cutting rates, analysts said on Monday, warning of the “spectre of…