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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

ANI   


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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6

Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…

ANI   


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India's balance of payments shows improvement in Q1 FY24

One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…

ANI   


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Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…

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3 mins read

India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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SBI Card Q3 profit rises 8 pc to ₹549 crore

Total operating cost increased by 23 per cent at Rs 2,426 crore for the third quarter of FY24…

PTI   


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Axis Bank Q3 net profit rises to ₹6,071 crore

rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …

PTI   


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Kotak Mahindra logs Rs 3,005 crore PAT for Q3

Kotak Mahindra Bank Ltd on Saturday said it closed the third quarter of FY24 with an after tax prof…

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Forex reserves jump $4.84 bn to new all-time high of $651.5 bn

The previous high for the kitty a crucial guard against any disturbances in the external sect…

PTI   


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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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India's GDP grows 7.6% in September quarter, beats RBI estimates

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-…

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RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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S&P Global Market raised growth forecast of China, still significantly lower than India

The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…

ANI   


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RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25

The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…

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Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout

Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…

PTI