EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

The Election Commission on Friday asked enforcement agencies and security forces to take proactive and preventive action during the Bihar elections to ensure drugs, liquor and cash are not used to......

How RBI Governor Fared In The First Year

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead. IMAGE:......

Will RBI Cut Rates In December MPC Meet?

'Rate cut looks unlikely and there is reason to believe that the cycle is over.' IMAGE: RBI Governor Sanjay Malhotra addresses the SBI Banking Economics Conclave in Mumbai. Photograph: ANI Video......

Home, auto loans to get cheaper as RBI cuts interest rate

Shrugging off concerns over the depreciation of rupee, the RBI has cut interest rate by 25 basis points to 5.25 per cent in a bid to further bolster economic growth, which rose to a six-quarter......

RBI steers away from aggressive intervention as rupee touches new lows

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to......