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Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL default: RBI to enusre financial stability

DHFL has commercial paper worth Rs 750 crore maturing in June with the first repayment on June 7.

6 Jun 2019 1:18 PM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

RBI lowers economic growth forecast to 7 pc for FY20

Weak global demand due to escalation in trade wars may further impact India's exports and investment activity, said RBI.

6 Jun 2019 12:41 PM IST

The retail inflation which is based on the Consumer Price Index (CPI) was 2.33 per cent in November and 5.21 per cent in December 2017.

RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

6 Jun 2019 12:29 PM IST

The Centre, in its move towards a digital economy may soon ban cheques. (Photo: Pixabay)

Cheque payments refuse to go in a hurry here

India's cheque volume declined by 10.8 per cent between 2012 and 2017 at a CAGR of two per cent.

6 Jun 2019 12:55 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank retains projections for India's economic growth at 7.5 per...

In its Global Economic Prospects report, the World Bank also said growth rate is expected to remain the same for the...

5 Jun 2019 9:02 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI likely to cut key rate 0.35 per cent tomorrow

Since governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 per cent...

5 Jun 2019 6:25 AM IST

Reserve Bank of India (RBI)

RBI enters top-10 list in gold reserves

Data published by the World Gold Council shows the RBI bought 12.1 tonnes of gold from the open market from January this...

5 Jun 2019 2:51 AM IST

Reserve Bank of India (RBI)

Batliboi barred from auditing banks

The central bank added that the action taken in the matter has been communicated to the Institute of Chartered...

4 Jun 2019 2:18 AM IST

Reserve Bank of India (RBI)

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM IST

Reserve Bank of India (RBI)

RBI may keep rates on hold this time

Weak monetary policy transmission could be a major concern when the MPC meets for 3 days from today.

3 Jun 2019 2:48 AM IST

Reserve Bank of India (RBI)

RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general...

31 July 2019 10:00 AM IST

Subir Gokarn was appointed the deputy governor of the RBI in 2009 for a term of three years and had the distinction of being the youngest deputy governor at that time. (Photo: File | PTI)

Former RBI deputy governor Subir Gokarn passes away

In November, 2015, Gokarn was appointed as an executive director on the board of the IMF.

31 July 2019 9:27 AM IST