RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs.
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.