India’s services exports outpace merchandise exports

India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14...

RBI announces premature redemption price for SGB

According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption...

Inflation remains main concern against rate cuts: RBI minutes

Inflation continues to remain the main concern for the Reserve Bank of India's monetary policy committee members...

India's forex exchange reserves decline after seven-week rise

As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by...

RBI seeks comments on draft rules to regulate payment aggregators

Comments or feedback on the draft directions may be sent by email or by post to the Chief General Manager-in-Charge,...

RBI allows early redemption in SGB scheme

The press statement of the RBI says early redemption price has been fixed at Rs 7260/- per unit of SGB, based on the...

Crisil expects RBI to initiate repo rate cuts from mid-2024

As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating...

India forex reserves rise for seventh week to reach fresh peak

India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562...

India's Reserve Bank leads surge in gold reserves

India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign...

RBI launches new website and mobile application

The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor...

India's foreign exchange reserves rise further to hit fresh high

India's foreign exchange reserves rose for the sixth straight week to hit a fresh all-time high of USD 645.583...

RBI cancels registration of four non-banking financial companies

Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance...