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Excess liquidity in banking system back to pre-Covid levels

Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. Illustration: Uttam Ghosh/Rediff.com It has fallen......

RBI announces sops for lending to MSME, home, auto sectors

Observing that MSME sector plays an important role in the growth of the Indian economy, RBI said the restructuring of the borrower account has been extended by further one year to March 31, 2021.......

RBI keeps repo rate unchanged at 6.5%

RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4% The Reserve Bank of India (RBI) on Wednesday......

RBI to cut SLR gradually to 18% by mid-2019

The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run The RBI has decided to......

Get ready to pay higher EMIs for home, auto loans

  The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half. Illustration: Uttam Ghosh/Rediff.com Within a day......

WADA restores India's Dope Testing Lab's accreditation

IMAGE: The World Anti-Doping Agency first suspended India’s NDTL in August 2019 for six months and extended the de-recognition period after its inspections showed that non-conformities still......

Anti-doping bill introduced in Lok Sabha

IMAGE: The bill aims to empower NADA to conduct raids besides strengthening measures to tackle drug abuse. Photograph: Ian Waldie/Getty Images A bill which seeks to provide statutory framework for......

Dope control in IPL: NADA might outsource sample collection

'It is expected that the approved schedule will be out next week and once we send it to NADA, they can take a call. It's completely their call as they will have to bear the cost of sample......

Jolt for Indian sports: WADA extends NDTL suspension by 6 months

IMAGE: Participants talk before the start of the World Anti-Doping Agency (WADA) symposium. Photograph: Denis Balibouse/Reuters In a massive jolt to India's Olympic preparations, the World......

Discus thrower Kumari gets four-year ban for dope flunk

Discus thrower Sandeep Kumari has been slapped with a four-year ban by Athletics Integrity Unit for flunking a dope test, nearly two years after her sample was deemed clean by the NDTL. The......

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