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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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As FM, Jaitley will be remembered for fiscal rectitude

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came... ...

http://www.rediff.com/money/report/as-fm-jaitley-will-be-remembered-for-fiscal-rectitude/20190825.htm

PM Modi launches RuPay card in UAE

PM Modi on Saturday launched the RuPay card in UAE. RuPay card scheme was launched in 2012 to fulfil the Reserve Bank of India's vision to have a... ...

https://timesofindia.indiatimes.com/india/pm-modi-launches-rupay-card-in-uae/articleshow/70816987.cms

CVC sets up panel to examine bank frauds

CVC, in consultation with the Reserve Bank of India, has reconstituted the Advisory Board on Bank, Commercial and Financial Frauds as ABBF. ET... ...

https://economictimes.indiatimes.com/news/economy/policy/cvc-sets-up-panel-to-examine-bank-frauds/articleshow/70811266.cms

Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi

President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic... ...

https://www.ndtv.com/world-news/donald-trump-asks-who-is-bigger-enemy-us-central-bank-chief-or-chinas-xi-2089598

Govt nudges banks to lower interest rates on home, auto loans by linking them to repo rate

While the Reserve Bank of India (RBI) has slashed policy rate by 110 basis points since February this year, banks were unable to fully pass on the... ...

https://www.moneycontrol.com/news/economy/govt-nudges-banks-to-lower-interest-rateshome-auto-loans-by-linking-them-to-repo-rate_12923721.html

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