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Inflation to Stabilise at 4% by FY26: RBI Dy Governor Patra

Inflation to Stabilise at 4% by FY26: RBI Dy Governor Patra

Mumbai: India’s retail inflation is projected to average 4.5 per cent in 2024-25 and align with the 4 per cent target on...

15 Oct 2024 9:29 PM IST

India’s Freight Costs Rise Amid Iran-Israel Conflict

India’s Freight Costs Rise Amid Iran-Israel Conflict

India’s freight costs soar as the Iran-Israel conflict disrupts trade, increasing air and sea shipment expenses,...

15 Oct 2024 5:33 PM IST

Heavy Reliance on AI, ML Pose Risk to Financial Stability Says RBI Gov

Heavy Reliance on AI, ML Pose Risk to Financial Stability Says RBI Gov

Mumbai: The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday warned that heavy reliance on artificial...

14 Oct 2024 8:50 PM IST

RBI Governor pitches for reducing cost, time of overseas remittances

RBI Governor pitches for reducing cost, time of overseas remittances

New Delhi: Reserve Bank Governor Shaktikanta Das on Monday made a case for reducing time and cost of overseas...

14 Oct 2024 1:48 PM IST

Profits of Small Finance Banks to Decline in FY25 Says Crisil

Profits of Small Finance Banks to Decline in FY25 Says Crisil

Mumbai: The profitability of small finance banks (SFBs) measured in terms of return of assets (RoA) is likely to decline...

11 Oct 2024 8:33 PM IST

Indias Industrial Output Contracts 0.1% in August

India's Industrial Output Contracts 0.1% in August

India's industrial output fell 0.1% in August due to declines in mining and power generation sectors, down from 4.7%...

11 Oct 2024 7:00 PM IST

RBI Directs Banks to Comply Guarantee Contract With FEMA

RBI Directs Banks to Comply Guarantee Contract With FEMA

Mumbai: The Reserve Bank of India (RBI) has asked banks to ensure that any guarantee contracts they advise or facilitate...

10 Oct 2024 10:41 PM IST

Centre releases ₹1.78 lakh crore to states in tax

Centre releases ₹1.78 lakh crore to states in tax

New Delhi: In view of the ongoing festive season, the Centre on Thursday released tax devolution of Rs 1.78 lakh crore...

10 Oct 2024 7:03 PM IST

Top Property Developers Halve Their Net Debt

Top Property Developers Halve Their Net Debt

Chennai: Top eight property developers have halved their debts from the peak level in FY19 as their collective...

10 Oct 2024 11:20 AM IST

RBI keeps repo rate unchanged at 6.5% for 10th time in row

RBI keeps repo rate unchanged at 6.5% for 10th time in row

Mumbai: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)on Wednesday chose to leave the repo...

9 Oct 2024 10:27 AM IST

RBIs MPC to Hold Rates But Could Shift to Neutral Stance

RBI's MPC to Hold Rates But Could Shift to Neutral Stance

MUMBAI: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to remain on hold for the tenth...

8 Oct 2024 11:44 PM IST

India Confident Amid Rising Oil Prices Due to Middle East Conflict: Hardeep Singh Puri

India Confident Amid Rising Oil Prices Due to Middle East Conflict:...

NEW DELHI: With global oil prices flaring due to widening conflict in the Middle East, oil minister Hardeep Singh Puri...

8 Oct 2024 3:20 AM IST