MUMBAI — India’s foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562...

MUMBAI — RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at...

MUMBAI — The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review...

MUMBAI — India’s GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at...

CHENNAI — The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not...

MUMBAI — The RBI on Monday directed all banks to provide adequate incentives to their branches in financing the Self Help Groups (SHGs) and establish...

MUMBAI — Over the next 10 years, India must strive to become a ‘financially Atmanirbhar’ economy that is shielded from all global events and continues...

MUMBAI — The RBI on Thursday issued an omnibus framework for recognising self-regulatory organisations (SROs) for its regulated entities such as banks, NBFCs and housing...

NEW DELHI — India’s outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83...

MUMBAI — The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a memorandum of understanding (MoU) on Thursday for establishing a framework...