Tag: rbi
What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer
India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…
RBI seeks banks’ views on AI-based facial recognition tools at ATMs, branches to curb fraud
NEW DELHI: The Reserve Bank of India (RBI) has sought inputs from banks on implementation of facial recognition or other artificial intelligence (AI)-based systems at…
Retail inflation climbs to 3.21% in February
NEW DELHI: Retail inflation rose 3.21% year-on-year in February from 2.74% in January, largely due to a low base effect and higher food prices, official…
Middle East conflict poses near-term challenges to Indian economy: RBI MPC member
Conflict in the Middle East poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum, an external member…
India’s strong core can extend goldilocks ride: RBI’s Sanjay Malhotra
Reserve Bank of India (RBI) governor Sanjay Malhotra said corporates, banks, central and state governments and the private sector are in robust shape, evidence that…
Stability, reforms aid India’s rise: Former RBI governor Shaktikanta Das
New Delhi: India’s evolution into a “credible” economic power is rooted in macroeconomic stability, institutional reforms and stronger balance sheets across banks and corporates, former…
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
Reserve Bank of India governor Sanjay Malhotra told Sangita Mehta and Sruthijith KK in an interview that India’s Goldilocks phase can be sustained as macroeconomic…
India’s forex reserves drop by $2.11 bn to $723.608 bn for week ending Feb 20
India’s foreign exchange reserves dropped by $$2.11 billion to reach $723.608 billion in the week ending February 20, latest data released by the Reserve Bank…
New CPI series shows January inflation at 2.75%| Business News
India’s inflation series is now 12 years up-to-date. The National Statistics Office (NSO) released the new Consumer Price Index (CPI) series on Thursday with base…
From roti to OTT: New inflation math tells story of new India
The January Consumer Price Index (CPI) print marked more than just a new inflation number. At 2.75%, inflation returned to the Reserve Bank of India’s…