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DC Edit | RBI is right to be cautious

DC Edit | RBI is right to be cautious

A cautious Monetary Policy Committee (MPC) has once again decided to keep the repo rate unchanged at 6.5 per cent in...

8 Feb 2024 11:45 PM IST

MPC Keeps Repo Rate Unchanged At 6.5%, Stance Unchanged

MPC Keeps Repo Rate Unchanged At 6.5%, Stance Unchanged

Mumbai: With the economic growth remaining resilient despite global headwinds, the Monetary Policy Committee (MPC) of...

8 Feb 2024 8:05 PM IST

Govt Nears Saturation, Focus on Self-reliance & CBDC, Says Sitharaman

Govt Nears Saturation, Focus on Self-reliance & CBDC, Says Sitharaman

New Delhi: Ahead of the Union Budget, Union finance minister Nirmala Sitharaman on Thursday said that the government is...

25 Jan 2024 9:13 PM IST

As far as retail inflation is concerned, food prices, which account for about half of the inflation basket, rose in November 2023 and remained elevated last month, largely led by vegetable prices and household staples.(Representational DC Image)

Nov. industrial production grows 2.4%

New Delhi: With higher food prices, India’s headline retail inflation rose to a four-month high of 5.69 per cent...

13 Jan 2024 12:32 AM IST

Chief Minister A. Revanth Reddy met Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman in Delhi on December 26 and requested them to allow the state government to raise an additional Rs 13,000 crore through loans.(Image source:Twitter)

Centre allows TS govt to raise additional Rs 9,000 cr loans

Hyderabad: The Centre on Friday permitted the state government to raise an additional Rs 9,000 crore through the auction...

12 Jan 2024 11:56 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das arrives to address a press conference on monetary policy statement, at the RBI headquarters, in Mumbai, Friday, Dec. 8, 2023. (PTI Photo/Shashank Parade)

Any Shift in Policy Stance Would be Premature and Risky Says RBI...

Mumbai: The Reserve Bank of India’s (RBI) governor Shaktikanta Das, in the December’s monetary policy meet...

22 Dec 2023 9:32 PM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

RBI announces establishing Cloud facility for financial sector

Mumbai: The Reserve Bank of India (RBI) will offer a cloud facility for banks and financial institutions to help enhance...

9 Dec 2023 9:48 AM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das arrives to address a press conference on monetary policy statement, at the RBI headquarters, in Mumbai, Friday, Dec. 8, 2023. (PTI Photo/Shashank Parade)

DC Edit | Markets show stability, resilience

The RBI has maintained unchanged key rates, projecting a real GDP growth of seven per cent for 2023-24. This includes Q3...

9 Dec 2023 12:27 AM IST

Reserve Bank of India Governor Shaktikanta Das speaks during a press conference announcing the central banks monetary policy statement, in Mumbai, Wednesday, Feb. 8, 2023. (PTI Photo)

RBI maintains status quo, keeps repo rate at 6.5

Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time...

8 Dec 2023 1:24 PM IST

Members of the public from within the country can send Rs 2000 banknotes through India Post from any post office in the country to any of the RBI Issue Offices for credit to their bank accounts in India. X.com

RBI says Rs 9,760 cr worth Rs 2k notes not returned

RBI Reports 97.26% Return of Rs 2,000 Notes; Only Rs 9,760 Crore Remain in Circulation

2 Dec 2023 10:57 AM IST

DC Edit | Inflation fall hiding slump?

DC Edit | Inflation fall hiding slump?

Consumer Price Index-based retail inflation has declined marginally to 4.87 per cent in October 2023 from 5.01 per cent...

17 Nov 2023 12:05 AM IST

Resolve complaints in 30 days: RBI to lenders

Resolve complaints in 30 days: RBI to lenders

Credit Bureaus to pay fine of Rs 100/day if customer complaint remains unresolved within 30 days

27 Oct 2023 2:54 PM IST