At G20, India and Indonesia agree to cooperate on payment systems

New Delhi [India], July 16 (ANI): India and Indonesia on Saturday signed a Memorandum of Understanding (MoU) in Bali...

US dollar strengthened more against other currencies versus rupee

New Delhi [India], July 16 (ANI): The extent of fall in the value of the Indian rupee versus the US dollar has been...

India's forex reserves dip by $8.06 billion to $580.25 billion

Mumbai (Maharashtra) [India], July 15 (ANI): India's foreign exchange (forex) reserves slumps by $8.062 billion to...

Here's what analysts have to say on India's inflation

New Delhi [India], July 13 (ANI): India's retail inflation eased marginally to 7.01 per cent in June from 7.04 per...

RBI cancels Certificate of Registration of four NBFCs

Mumbai (Maharashtra) [India], July 12 (ANI): The Reserve Bank of India (RBI) said on Tuesday it has cancelled the...

RBI imposes monetary penalty on Ola Financial Services

Mumbai (Maharashtra) [India], July 12 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has imposed a...

RBI imposes monetary penalty on Bettiah-based Cooperative Bank

Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh...

RBI imposes monetary penalty on Maha State Cooperative Bank

Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 37.5...

RBI sets up mechanism to settle trade payments in rupees

Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday announced a mechanism to...

Inflation may ease gradually in second half of 2022-23: RBI

New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the...

Inflation likely to ease in second half of 2022-23: RBI Governor

New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current...

India's forex reserves dip $5 bln amid depreciating rupee

New Delhi [India], July 9 (ANI) India's foreign exchange reserves declined by $5 billion to $588.314 billion during...