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Reduce dependence on imports for arms, Antony to IAF

Against the backdrop of efforts to increase indigenisation to avoid defence scams, Defence Minister A K Antony on Tuesday asked the Indian Air Force to reduce its dependence on imports and work......

RBI Guv on how the bank plans to manage liquidity

Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in......

For 6th time in a row, RBI leaves key rate unchanged, lowers GDP to 9.5%

The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.......

RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor......

Lower EMIs likely as RBI cuts lending rate by 35 bps

The fourth consecutive rate cut is expected to lower equated monthly instalments (EMIs) for home and auto buyers, and borrowing costs for corporates.  IMAGE: RBI Governor Shaktikanta Das......

RBI cuts repo rate by 0.25%, lowers GDP forecast to 7%

In a move that may lead to lower home, auto and other loan EMIs, the RBI on Thursday cut interest rates for the third time this year by 25 basis points to their lowest level in nine years, and......
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