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7.8% GDP growth for Q1 FY26 is testament to Indian economy's resilience, w
Updated : 5 months, 2 weeks ago IST
Industry chambers on Friday said that GDP growth of 7.8% for Q1 FY26 is a testament to the Indian economy's resilience, signals strong momentum at the start of the fiscal year and will help boost business sentiments when the country is facing global headwinds
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Bank deposits with SCBs register 11.3% year-on-year growth as of June-end
Updated : 5 months, 2 weeks ago IST
The surge was primarily driven by a strong rise in term deposits, which grew 13.5 per cent year-on-year, significantly outpacing the modest 5.4 per cent growth in savings deposits.
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States offering financial assistance lead in 2-wheeler EV adoption: RBI
Updated : 5 months, 2 weeks ago IST
States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study report by the Reserve Bank of India.
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ACC appoints former RBI governor Urijit Patel as IMF Executive director
Updated : 5 months, 2 weeks ago IST
The appointment will take effect from the date Patel assumes charge of the post or until further orders, whichever is earlier, according to an official statement issued by the committee.
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Rate cuts by RBI ease corporate debt burden, sectoral gains uneven: BoB Re
Updated : 6 months, 2 weeks ago IST
The Reserve Bank of India's decision to lower interest rates has led to a marked decline in borrowing costs for companies, thereby boosting debt serviceability across several sectors, according to a report by the Bank of Baroda (BoB).
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Inflation band in India can be narrowed to 1% - 1.5% from 2% to improve po
Updated : 6 months, 2 weeks ago IST
The current inflation band in India can be narrowed to 1 to 1.5 per cent compared to the existing 2 per cent to improve its effectiveness, according to a report by JM Financials.
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States raise Rs 28,892 crore via government securities auction; Rajasthan,
Updated : 6 months, 3 weeks ago IST
States and Union Territories mobilized Rs 28,892 crore through the auction of State Government Securities (SGS) on Tuesday, according to the Reserve Bank of India (RBI). However, the total notified amount for the auction was Rs 34,150 crore, but bids worth nearly Rs 5,258 crore were not acce
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RBI launches Consumer Confidence Surveys for Rural and Urban households
Updated : 6 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has begun the September 2025 round of its Urban Consumer Confidence Survey (UCCS) and Rural Consumer Confidence Survey (RCCS), inviting households across the country to share their views on the economy, jobs, income, prices, and spending. These surveys provide
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RBI launches survey to gauge inflation expectations of households across 1
Updated : 6 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has launched the September 2025 round of its Inflation Expectations Survey of Households (IESH), inviting responses from households across 19 cities to capture their views on price movements and inflation in India.
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RBI to auction Rs 32,000 crore worth of government securities on August 29
Updated : 6 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Monday announced that the Government of India will conduct the sale (re-issue) of two dated securities aggregating Rs 32,000 crore through auctions scheduled for August 29, 2025.
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RBI Governor urges banks, corporates to spark investment cycle
Updated : 6 months, 3 weeks ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday underscored that financial stability and price stability are vital for sustaining economic growth, as he urged banks and corporates to join hands in driving fresh investments and reigniting the nation's entrepreneurial spirit.
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Achievements of Indian economy undoubtedly very creditable and widely reco
Updated : 6 months, 3 weeks ago IST
The achievements of the Indian economy in recent years are very creditable and widely recognized, despite facing unprecedented challenges stated Reserve Bank of India Governor Sanjay Malhotra on Monday.
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