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Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photo

RBI lowers GDP growth projection to 9.5 pc for 2021-22

The RBI Governor said the RBI will 'continue to think and act out of the box', planning for the worst and hoping for the...

4 Jun 2021 11:37 AM IST

The projection is lower than 6.1 per cent that the Reserve Bank of India (RBI) had forecast in early October.

Coronavirus eats into Indian economy, GDP shrinks 7.3%

The 7.3 per cent contraction is the worst-ever economic performance that India has witnessed in over four decades

1 Jun 2021 1:21 AM IST

The positive inflow is expected to continue in the financial year 2021-22. (Photo: PTI/File)

Gold saving funds see Rs 864-crore inflow in April

Gold saving funds and gold ETFs have seen net inflow to the tune of Rs 184 crore and Rs 680 crore, respectively in the...

23 May 2021 12:07 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI to transfer Rs 99,122 crore surplus to govt

The decision was taken at 589th meeting of the RBI's central board of directors

21 May 2021 3:15 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (DC file Photo)

RBI unveils loan recast plan for individuals, business

Loan recast under Resolution Framework 2.0 can be invoked up to September 30, 2021

6 May 2021 7:49 AM IST

Infrastructure push can re-ignite economic growth, says RBI Governor Shaktikanta Das. (PTI Photo)

RBI targets 5.2 per cent retail inflation for first half of FY22, repo...

Earlier, the central bank had projected retail inflation at 5.2 per cent for the 2021 March quarter

7 April 2021 12:23 PM IST

The total revenues earned for the month are 27 per cent higher than the GST collected in the same month last year, according to finance ministry data released on Thursday. (Photo: PIB)

GST mop-up hits record Rs 1.23 lakh crore in March

Collection tops Rs 1L cr for 6th month in a row

2 April 2021 4:15 AM IST

Sources said that the governments surprise rollback decision on small savings schemes is an attempt by the BJP to contain the fallout of the decision hitting the common man in the ongoing elections in West Bengal, Assam and other states. (Photo: PTI)

Status quo on small savings interest rate

The decision to rollback was taken hours after the government announced the steepest cut in the rate on small savings...

2 April 2021 4:10 AM IST

RBI Guv Shaktikanta Das address press after govts relief package. (PTI Photo)

Regulation should not constrain innovation in fintech space: RBI...

Das also said that maintaining banking sector health with strong capital base and ethics-driven governance remains a...

25 March 2021 12:20 PM IST

The move was being effected since the colleges have remained closed due to the COVID-19 pandemic and were conducting online classes. (Representational Image: AFP)

30 per cent teaching staff in tech institutes may lose job

AICTE raises credits for online courses from 20 to 40 per cent

13 March 2021 1:53 AM IST

In the last Budget, the Centre had announced that the FDI limit would be raised from 49 per cent to 100 per cent for insurance intermediaries like aggregators, brokers, marketing firms and corporate agents.

Andhra Pradesh lags behind Telangana in attracting FDI

Telangana state has received FDI worth Rs 6,466 crore while AP stood at the 12th place by attracting FDI worth Rs 1,975...

10 March 2021 7:31 AM IST

The state government has put the GSDP (gross state domestic product) at Rs 9,78,373 crore and per capita income at Rs 2,27,145. (Photo: ANI)

Despite COVID, Telangana registers 1.35 per cent GSDP growth in...

Telangana has been registering over 12 per cent GSDP growth since its formation in 2014

6 March 2021 4:18 AM IST