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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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RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!

The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …

PTI   


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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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Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement

Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…

PTI   


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RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows

The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…

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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 …

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6 mins read

Residential property demand in India at a 10-year high with mid and premium buyers on the rise

Despite interest rates rising 250 basis points between May 2022 to February 2023, courtesy RBI poli…

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3 mins read

Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal

Stating that the country's external balances are stronger than expected on the back of strong inflo…

PTI   


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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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Rate cut hopes dashed as RBI decides to chase inflation target of 4%

Economists unanimously agree that no rate cut by Indian central bank, RBI, is likely this year. Th…

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2 mins read

MPC minutes: Possible further food price rise prompted RBI to keep repo unchanged

A possible second-round impact of food price shocks on overall inflation prompted Reserve Bank Gove…

PTI   


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RBI’s MPC maintains status quo, keeps repo rate unchanged

The Reserve Bank of India’s (RBI) rate setting panel kept the policy repo rate unchanged at 6.5% on…

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RBI is giving more money to fill the budget hole that may get bigger after the second wave of COVID-19

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine mon…

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2 mins read

RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7

​​ The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…

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4 mins read

RBI records its largest-ever current account surplus — but that’s not necessarily a good thing

More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…

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4 mins read

Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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2 mins read

RBI not 'unduly concerned' about Russian investments in G-secs, says Das

Governor Shaktikanta Das on Thursday said the Reserve Bank is not "unduly concerned" about the Russ…

PTI   


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1 min read

RBI’s annual surplus to the government this year is only one-third of what it was last year

In 2019, the RBI allocated a record ₹1,76,000 crore ($23.5 billion), which was mostly made up of…

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RBI approves Rs 87,416 cr dividend payout to the government for 2022-23

The Reserve Bank of India (RBI) approved a dividend payout of Rs 87,416 crore to the central govern…

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Jio’s fundraising spree and fall in imports help India clock the first current account surplus in 17 years

The CAD, the gap between the country's overall foreign receipts and payments, is an important fa…

PTI