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RBI keeping Arjuna's eye on inflation, says Governor Shaktikanta Das
Updated : 3 years, 8 months ago IST
While addressing FIBAC 2022 Conference, the Reserve Bank of India Governor on Wednesday said, "Our constant endeavour is to keep an eye on inflation, which is our primary target."
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Rupee's movement post Ukraine war more about resilience than weakness, say
Updated : 3 years, 8 months ago IST
The rupee has depreciated by 8.0 per cent in the financial year 2022-23. Over the same period, the US dollar has appreciated by 13.0 per cent.
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Indian stocks largely steady ahead of US Fed policy outcome
Updated : 3 years, 8 months ago IST
The Reserve Bank of India's additional and out-of-turn monetary policy meeting on Thursday will also be closely followed by investors.
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Govt launches pilot in digital rupee for wholesale segment
Updated : 3 years, 8 months ago IST
RBI will launch a pilot in digital rupee for the wholesale segment on Tuesday.
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Indian stock indices extend gains to third week, rupee appreciates slightl
Updated : 3 years, 8 months ago IST
All the Nifty sectoral indices were in the green this morning, with Nifty IT and Nifty pharma rising the most.
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Unseasonal rains affecting Kharif crops, to impact food inflation: SBI Res
Updated : 3 years, 8 months ago IST
Kharif crops are mostly sown during monsoon -June and July, and the produce is harvested during October and November.
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India's forex reserves at new over 2-year low amid weak rupee
Updated : 3 years, 8 months ago IST
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, declined by USD 3.59 billion to USD 465.075 billion.
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RBI calls for additional monetary policy meet to discuss inflation mandate
Updated : 3 years, 8 months ago IST
The meeting has been called under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934, RBI said in a statement on Thursday.
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Delhi HC restores Central Bank of India's complaint after imposing cost of
Updated : 3 years, 8 months ago IST
After imposing a cost of Rs 25,000, the Delhi High Court restored complaint filed by the central bank and asked the bank to deposit with the PM Cares Fund.
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India's forex reserves at 2-year low amid depreciating rupee
Updated : 3 years, 8 months ago IST
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.
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Central Bank of India's net profit rises 27 pc to Rs 318 crore
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 20 (ANI): The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net profit at Rs 318 crore for the quarter ended September 30 against Rs 250 crore in the year-ago period.
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Anshumman Joshi-led Dhanvarsha Group executes Rs 150 crore Private Placeme
Updated : 3 years, 8 months ago IST
New Delhi [India], October 20 (ANI/SRV): Anshumman Joshi-led Dhanvarsha Group, a leading business conglomerate engaged in several sectors including finance and banking, will be investing Rs 150 crore in the share capital of the Samarth Sahakari Bank Ltd. Solapur to convert it into a Small Fi
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