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Congress launching fake campaigns: Jaitley

Accusing the Congress party of launching 'fake campaigns' against the defence forces, judiciary and Reserve Bank, Union Minister Arun Jaitley on Sunday said it is time to protect the country as......

1984 anti-Sikh riot culprits must be punished irrespective of identity: Rahul

'Prime Minister Modi doesn't talk to me. He meets and says in monosyllables' 'The Supreme Court, the Reserve Bank of India, the Election Commission of India have knowledge that no one has. Listen......

Patel's resignation 'severe blow' to economy: Manmohan

Former prime minister Manmohan Singh on Monday termed Reserve Bank of India Governor Urjit Patel's resignation as 'very unfortunate' and said it was a 'severe blow' to the country's economy.......

India's forex reserves at new life-time high of $ 430.57 bn

India's reserve position with IMF rose by $ 7 million to $ 3.636 billion. Illustration: Dominic Xavier/Rediff.com India's foreign exchange reserves surged by $ 1.620 billion to $ 430.572 billion......

RBI gets windfall from rising gold prices

The rising price of the precious metal has helped the central bank increase overall forex reserves despite currency reserves not rising, and sometimes even falling. Photograph: Ajay Verma /......

Experts pitch for 25 to 50bps rate cut by RBI on Aug 7

By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room......

UK, France push India's economy to 7th spot

According to data compiled by the World Bank, the UK’s economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India’s $2.73 trillion, showed......

Vodafone Idea to close m-pesa biz, writes off Rs 210 cr

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015. Vodafone Idea Ltd has decided to close m-pesa vertical following the closure of......

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RBI makes it easier to deposit gold under scheme

In a move to revive the flagging Gold Monetisation Scheme 2015, the Reserve Bank of India (RBI) has made it easier for depositors to hand over... ...

https://timesofindia.indiatimes.com/business/india-business/rbi-makes-it-easier-to-deposit-gold-under-scheme/articleshow/70707978.cms

India's forex reserves at new life-time high of $ 430.57 bn

India's reserve position with IMF rose by $ 7 million to $ 3.636 billion. Illustration: Dominic Xavier/Rediff.com India's foreign exchange... ...

http://www.rediff.com/money/report/indias-fx-at-new-life-time-high-of--43057-bn/20190816.htm

As banks tighten purse strings, NBFCs lure retail investors

The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers. Illustration: Uttam... ...

http://www.rediff.com/money/report/as-banks-tighten-purse-strings-nbfcs-lure-investors/20190816.htm

ANZ slashes forecast for India#39;s GDP growth in 2019/20 to 6.2%

The bank#39;s estimate of gross domestic product (GDP) growth is now well below the expectations of other banks, and a long way from the Reserve... ...

https://www.moneycontrol.com/news/economy/anz-slashes-forecast-for-india39s-gdp-growth201920-to-62_12899681.html

India's Payment Apps Race To Catch Up With China In Squeezing Out Cash

In India, digital payments have climbed more than five times since 2015 to 22.4 transactions per person in the year ended March, RBI figures show.... ...

https://www.ndtv.com/business/indias-payment-apps-race-to-catch-up-with-china-in-squeezing-out-cash-2085753

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