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Economists lower India inflation forecasts despite August uptick; GST refo
Updated : 5 months, 2 weeks ago IST
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country's broader price stability, partly due to recent GST reforms.
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Retail inflation inches up to 2.07% in August, but well within RBI target
Updated : 5 months, 2 weeks ago IST
India's retail inflation, as measured by the Consumer Price Index (CPI), inched up marginally to 2.07 per cent in August 2025 on a year-on-year basis, according to data released by the Ministry of Statistics and Programme Implementation on Friday.
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RBI sets cut-off rates for underwriting commission in September 12 auction
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) on Friday announced the results of its latest underwriting auction for government securities, fixing the cut-off rates for underwriting commission payable to primary dealers. The auction, held on September 12, 2025, covered two sets of government bonds with ma
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Fiscal Deficit target of 4.4% in FY26 is achievable despite GST 2.0 revenu
Updated : 5 months, 2 weeks ago IST
India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
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RBI raises Rs 14,900 crore through auction of state government securities;
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of state government securities, through which six states successfully raised funds aggregating Rs 14,900 crore.
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RBI to auction dated securities worth Rs 28,000 crore on September 12
Updated : 5 months, 2 weeks ago IST
The Government of India has announced the sale (re-issue) of two dated securities worth Rs 28,000 crore through auction, to be conducted by the Reserve Bank of India (RBI) on September 12, 2025.
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Assam CM hails PM Modi's tribute to Bharat Ratna Bhupen Hazarika
Updated : 5 months, 2 weeks ago IST
Assam Chief Minister Himanta Biswa Sharma said that Prime Minister Narendra Modi will unveil a special coin made by the Reserve Bank of India in the memory of Dr. Bhupen Hazarika on September 13 during his visit to Assam. He also added that the PM will participate in a special tribute meetin
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India's forex reserves rise $3.5 billion to $694.2 billion in latest week,
Updated : 5 months, 2 weeks ago IST
India's foreign exchange reserves rose by USD 3.5 billion in the week that ended August 29 to USD 694.230 billion, driven largely by a rise in foreign currency assets and gold, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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India's 10-Year bond yield likely to trade in 6.50-6.60% range in Sep as t
Updated : 5 months, 2 weeks ago IST
India's 10-year government bond yield is expected to trade in the range of 6.50-6.60 per cent during September, according to a report by Bank of Baroda.
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slice strengthens board with former RBI executive
Updated : 5 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], September 2: slice, which aims to build India's most loved bank, has appointed Eugene Emmanuel Karthak, a former Executive Director at the Reserve Bank of India, as Part-time Chairman and Independent Director to its Bank Board.
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AI is not 'death of software,' but it will reshape it: Report
Updated : 5 months, 2 weeks ago IST
Artificial intelligence will not mark the end of the software industry, but it will significantly reshape it, according to a report by RBC Capital Markets.
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India's forex reserves dip $4.4 billion to $690.7 billion in latest week:
Updated : 5 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) declined by USD 4.8 billion in the week that ended August 22 to USD 690.720 billion, driven largely by slump in foreign currency assets, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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