The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has actively intervened in the forex market to manage currency fluctuations.
The government has significantly boosted employment in the past decade, creating nearly five times more jobs than during the United Progressive Alliance (UPA) era from 2004 to 2014, says Union Labour and Employment Minister, Mansukh Mandaviya citing data from the Reserve Bank of India (RBI)
The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.
The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) services to introduce beneficiary account name look-up facility to customers for fund Transfers by April 1, 2025.
The Reserve Bank of India (RBI) has highlighted that while household debt in India has been on the rise over the past three years, it remains relatively low compared to other emerging market economies (EMEs).
The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the personal loan and services sectors leading the expansion. This was followed by credit growth in agriculture and the industrial sectors, the report noted.
The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify their sources of funding as a key risk mitigation strategy.
The demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has remained subdued in most months of the current financial year, according to a report by the Reserve Bank of India (RBI).
India has completed 20 years of implementing gender budgeting policies, with the share of the gender budget in the total expenditure rising to 6.8 per cent in 2024 from 4.5 per cent in 2014, according to a report by the Reserve Bank of India (RBI).
The policy measures of the upcoming US President Donald Trump could pose challenges to the Reserve Bank of India's (RBI) plans for policy easing, says a report by Standard Chartered Bank.
India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of India (RBI) on Tuesday.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) could consider a rate cut in February if food inflation declines in January, says a report by ICICI Bank.