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5 mins read
Ahead of Dhanteras 2024, how has gold glittered so far this year?
At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…
4 mins read
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
2 mins read
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…
1 min read
India is building up gold reserves says RBI governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…
PTI
3 mins read
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 …
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
2 mins read
Rupee weighed down strong greenback, falls 27 paise to close at 82.05/USD
The Indian rupee fell 27 paise to close at 82.05 against the US dollar on Tuesday due to a strong g…
PTI
3 mins read
RBI’s lower rate hike as expected, but Das’ commentary still hawkish, say analysts
RBI announced a 35-basis point rate hike on Wednesday, after three consecutive 50 bps rate hikes ea…
2 mins read
Rupee gains 57 paise to close at 81.78 against US dollar
Parmar further noted that Spot USD/INR now has the support of 81.70, "the 50 per cent Fibonacci ret…
PTI
1 min read
RBI directs credit information companies to appoint internal ombudsman
The RBI, in its Statement of Developmental and Regulatory Policies, on August 5, 2022 had called…
3 mins read
RBI hikes repo rate by 50 basis point to 5.4% as inflation is still ‘uncomfortable’
Reserve Bank of India governor Shaktikanta Das today announced the third interest rate hike, from 4…
2 mins read
With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts
The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …
4 mins read
Inflation is making Indian companies borrow more – that's bad news when interest rates are high
The interest rates were increased for the first time since 2018, ending an era of low interest r…
1 min read
Financial literacy poor across urban, rural population in country: RBI survey
A general perception is that most of the rural population is not well-versed in digital banking in …