The outlook for food inflation in India has turned decisively positive over the recent correction in vegetable prices, coupled with estimates of a record wheat and higher pulses production, the Minutes of the latest RBI monetary policy said.
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade wars following the reciprocal tariffs announced by the US.
The Appointments Committee of the Cabinet (ACC) has approved the reappointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI) for a period of one year.
New Delhi [India], April 22: Alieus Hedge Fund has announced its formal exit from the Indian market, citing severe compliance and regulatory issues, including bank account freezes, software hacks, and USDT-related fraud involving certain individuals. This step has been taken in alignment wit
India's financial markets must play a crucial role if the country is to successfully navigate global challenges and achieve its long-term aspirations, said Reserve Bank of India (RBI) Governor Sanjay Malhotra.
India's foreign exchange reserves (Forex) rose USD USD 1.567 billion to USD 677.835 billion in the week that ended on April 4, extending gains for the sixth straight week, showed the official data released by Reserve Bank of India (RBI).
The Reserve Bank of India (RBI) reported a sharp rise in the value of its gold reserves for the week ending April 11, reflecting a global surge in gold prices.
The Financial Intelligence Unit- India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here in the national capital on Thursday, as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering
As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis points is possible in June and August, said a report by SBI Research.
India's foreign exchange reserves rose USD 10.872 billion to USD 67.626 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
New Delhi [India], April 11: India's real estate sector has welcomed the Reserve Bank of India's latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry leaders believe the decision-aimed at boosting economic momentum amid global uncertainties-will imp