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RBI Governor Urjit PatelBusiness
On warpath with Centre, Urjit Patel quits RBI

The move shows RBI did not agree with FinMin view.

11 Dec 2018 12:23 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Important for Indian govt to heed RBI's message on financial...

Central bank does have to be intimately concerned with financial stability to some degree and with the payment system.

10 Dec 2018 2:22 PM IST

HCL Tech to buy 7 IBM software for $1.8 billionBusiness
HCL Tech to buy 7 IBM software for $1.8 billion

The fall knocked some $1.5 billion off the market value of the company chaired by India's sixth-richest person Shiv...

8 Dec 2018 1:34 AM IST

New study claims wealthcanBusiness
Total individual wealth to touch Rs 518L-crore by FY23

Other notable assets which saw good growth include mutual funds and alternative investments.

7 Dec 2018 1:47 AM IST

The 30-share BSE Sensex had opened higher in the morning at 31,299.52. (Photo: PTI)Business
Sensex dips on trade tension

The weakness in the equities also impacted the sentiments in the forex market with rupee again breaching the 71 level...

7 Dec 2018 1:42 AM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI may cut rates by 0.25 pc in Feb or April policy review: BofAML

Central bank maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review.

6 Dec 2018 2:57 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.Business
RBI retains GDP projection for current fiscal at 7.4 per cent

India's economic growth fell to 7.1 pc in the second quarter of the current fiscal, from 8.2 per cent.

5 Dec 2018 4:09 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI AssochamBusiness
RBI lowers inflation projection to 2.7-3.2 per cent in H2 FY19

Inflation is projected at 2.7-3.2 per cent in H2 FY2018-19 and 3.8-4.2 per cent in H1 FY2019-20.

5 Dec 2018 3:25 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.Business
Reserve Bank of India keeps key policy rate unchanged at 6.50 per cent

The central bank also retained the GDP growth projection for FY19 at 7.4 per cent.

5 Dec 2018 2:40 PM IST

A Mckinsey report said that employment in cab hailing services such as Uber or Ola alone increased from 0.3 million in 2015 to over 1 million in 2018.Business
India's services sector activity in Nov sees quickest growth since...

The services PMI was in the expansion territory for the sixth straight month.

5 Dec 2018 11:32 AM IST

Rajiv Kumar took over as the vice-chairman of government think tank Niti Aayog. (Photo: PTI)Business
India GDP to recover in Q4 of FY19; Q3 to remain slow: Rajiv Kumar

The growth in Gross Domestic Product (GDP) in July- September is the lowest in three quarters.

4 Dec 2018 6:13 PM IST

Union Finance Minister Arun Jaitley.Business
Open borders an imperative of present times, says Jaitley

Government have helped in massive improvement in the ranking in trade across borders to 80 this year.

4 Dec 2018 2:00 PM IST

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