RBI Rikes Repo Rate By 50 Bps To 5.40%; Covid-era Cuts Reversed Entirely
Committee retains FY23 CPI forecast at 6.7%, flags uncertainty on inflation trajectory…
Loan EMIs To Rise As RBI Increases Repo Rate By 50 Bps To Curb Inflation
Several banks have already raised their borrowing rates and some will again…
PMI Services Growth Slips To 4-month Low In July On Rising Inflation
The PMI decreased to 55.5 in July 2022 from 59.2 in June…
UPI Records 6 Billion Transactions In July, Highest Ever Since 2016
UPI crossed 1 billion transactions for the first time in October 2019,…
RBI May Be Back To Spot Intervention Following Rupee Slide
Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion…
Indian Economy Relatively Better Placed Amid Grim Global Scenario: RBI Governor
-"RBI has been supplying US dollars to the market to ensure adequate…
RBI Announces Four-tiered Regulatory framework For Urban Co-op Banks
A minimum net worth of Rs 2 crore for Tier 1 UCBs…
RBI Wants Govt To Prohibit Cryptocurrencies: Sitharaman Tells Parliament
The RBI mentioned that cryptocurrencies are not a currency because every modern…
Retail Inflation Eases To 7.04% In May, But Remains Above RBI’s Target Band
Inflation in the food basket was 7.97% in May 2022, marginally lower…
World Bank Cuts India’s FY23 GDP Forecast To 7.5% Amid Rising Inflation
New Delhi, NFAPost: The World Bank cut its 2022-23 (FY23) realgross domestic…
