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Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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Unemployment among Indian youth is high, but it is transient: RBI MPC member

Ashima Goyal addressed the transient nature of youth unemployment in India, highlighting a shift to…

PTI   


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2 mins read

Rupee falls to record low of 83.80 against US dollar, drops 8 paise

The Indian rupee reached a new low of 83.80 against the US dollar amid foreign fund outflows and a …

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3 mins read

India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan

"That's why I said 6 per cent growth. If you think that's about what we are right now, take away th…

PTI   


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Rupee falls 10 paise to close at 83.50 against US dollar; Downside restricted by easing political uncertainties, per traders

The rupee settled for the day lower by 10 paise at 83.50 (provisional) against the US dollar on Mon…

PTI   


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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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2 mins read

Banks, RBI keeping close watch to tackle cyber fraud: Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, bank…

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1 min read

India's forex reserves post biggest weekly fall in 11 months

India's foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended Februar…

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Rupee ends flat as rising crude, strong dollar cap strong gains

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 82.63 against…

PTI   


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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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2 mins read

Stock markets rally after RBI decides to hold all policy, Bank Nifty up 246 points

Indian benchmark indices cheered the central bank’s move to keep key policy rates unchanged at its …

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2 mins read

RBI is hiring 294 officers with a starting pay scale of ₹55,000 per month, apply before April 18

RBI is recruiting 294 Grade B officers across various departments. The last date to apply for the o…

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2 mins read

India's services sector activity moderates in August; exports expand at record pace

India's services sector activity eased in August but growth rates for new orders remain elevated, …

PTI   


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Wholesale inflation stays in negative for fourth month at -1.36% in July

The wholesale price based inflation remained in the negative territory for the fourth straight mon…

PTI   


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It's just a pause not a pivot, says Shaktikanta Das on RBI's status quo

The surprise move to hold repo rate should not be seen as an indicator of carrying out similar move…

PTI   


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4 mins read

India’s green jobs are growing but are colleges ready to supply the talent?

India’s green jobs market has exploded, thanks to its net zero commitments, thrust for electric veh…

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4 mins read

RBI revises India’s FY24 growth outlook, expects softer inflation on the back of lower commodity prices

The Reserve Bank of India on Thursday revised India’s economic growth outlook upwards, expecting a …

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1 min read

RBI is hiring 950 assistants with a salary of ₹36,000 per month

RBI is inviting applications to fill in Assistant 2021 posts across its various branches in India. …