Search For "reserve"
India's forex reserves rise by USD 2.54 billion to USD 547.25 billion
Updated : 3 years, 4 months ago IST
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, rose by USD 1.76 billion to USD 484.28 billion.
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RBI Deputy Governor says monetary policy has to be forward-looking because
Updated : 3 years, 4 months ago IST
Reserve Bank of India's Deputy Governor also said that next week, deliberations would be starting for the next policy review to be announced in the first week of December and will have to depend on inflation data for October and growth data for July-September coming out on November 30.
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Demonetisation affected everyone, Chidambaram tells SC
Updated : 3 years, 4 months ago IST
He also pointed out that at the time of demonetisation the currency in circulation was Rs 17.9 lakh crore and today, according to RBI, it is 32.18 lakh crore and actually the currency in circulation has increased.
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Delhi Court reserves order on Satyendar Jain plea for food
Updated : 3 years, 4 months ago IST
Court had also sought a report from Tihar as to what food was being given to Satyendar Kumar Jain in the past six months, whether he was on a religious fast during the course of the previous 5-6 months and whether the diet, which was being given to him has been stopped during the past 10-
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Indian stock indices extend gains for third straight session
Updated : 3 years, 4 months ago IST
At the time of writing this report, Sensex traded at 61,828.47 points, up 317.89 points or 0.52 per cent, whereas Nifty traded at 18,370.30 points, up 103.05 or 0.56 per cent.
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US Fed signals slowdown in policy rate hikes
Updated : 3 years, 4 months ago IST
For the record, the US Federal Reserve on November 3 raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent. Notably, this was the fourth consecutive hike of such magnitude.
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Interest subvention on Kisan Credit Card loans for 2022-23, 2023-24 approv
Updated : 3 years, 4 months ago IST
The interest rate for short-term loans up to Rs 300,000 through Kisan Credit cards (KCC) for farmers will be seven per cent and interest subvention will be 1.5 per cent for the current financial year 2022-23 and the next 2023-24, RBI said in a statement on Wednesday.
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Paytm to remain unaffected by NPCI's UPI market cap move: Experts
Updated : 3 years, 4 months ago IST
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
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India set to overtake China as property investment destination
Updated : 3 years, 4 months ago IST
The property price index has been growing steadily in India in the past few years. The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) grew at an annual rate of 3.5 per cent for the quarter which ended in June (Q1: 2022-23), expanding 1.8 per cent compared w
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Property of Bangalore Development Authority must be utilized for public se
Updated : 3 years, 4 months ago IST
The government assets including commercial complexes must not only be reserved for commercial activities but also be used as government offices and for other citizen services, Karnataka Chief Minister Basavaraj Bommai said.
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RBI imposes Rs 3 lakh penalty on Parwanoo Urban Co-operative Bank
Updated : 3 years, 4 months ago IST
The central bank has said the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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Karnataka has highest installed grid-interactive renewable power capacity
Updated : 3 years, 4 months ago IST
Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra, with 10,267 mw, was at the fourth, according to Handbook of Statistics on Indian States 2021-22, which was the seventh edition of its statistical publication, released by the Res
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