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2 mins read
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
1 min read
Rupee recovers from all-time low, rises 9 paise to 83.69/USD in early trade
At the interbank foreign exchange market, the local unit opened at 83.72 against the American curre…
PTI
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
2 mins read
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
2 mins read
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
2 mins read
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
2 mins read
Indian government bonds to be included JP Morgan Govt bond Index from June 28
Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…
ANI
2 mins read
Rupee sees range-bound trade against US dollar in morning deals
At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to …
PTI
2 mins read
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
2 mins read
Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?
While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will t…
2 mins read
Rupee falls 6 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…
PTI
1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
2 mins read
Rupee opens flat against US dollar in early trade
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at …
PTI
4 mins read
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
2 mins read
After a volatile week, all eyes on RBI’s Monetary Policy meeting! But experts expect no change in repo rate
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is gearing up to announce its mon…
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…