MUMBAI — The RBI on Monday announced that it has cancelled the licenses of two non-banking financial companies (NBFCs) for violating its guidelines. The NBFCs...

NEW DELHI — Credit rating agency ICRA estimates the Central government’s revenue receipts will witness an upward revision of INR 1.2 lakh crore in the...

NEW DELHI — The Finance Ministry on Wednesday announced the sale of Government bonds worth INR 28,000 crore in three lots through auctions to be...

MUMBAI — The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems...

MUMBAI — India’s foreign exchange reserves rose by $816 million to $653.71 billion in the week ended June 21, according to figures released by the...

MUMBAI — The Reserve Bank of India (RBI) announced on Thursday that it has, with the concurrence of the government of India, decided to put...

MUMBAI — RBI Governor Shaktikanta Das sees India moving ahead towards an 8 per cent GDP growth trajectory on a sustained basis, driven by structural...

MUMBAI — India’s current account deficit (CAD) declined to $23.2 billion (0.7 per cent of GDP) during 2023-24 from $67 billion (2 per cent of...

MUMBAI — There is an increasing evidence of a trend upshift taking shape, which is shifting India’s growth trajectory from the 2003-19 average of 7...

NEW DELHI — India’s consumer price inflation eased to a 12-month low of 4.75 per cent in May, compared to the same month of the...