Tag: Reserve Bank of India

India's forex reserves drop $4.92 billion to $780.78 billion as of September 11
Posted in Economy

India’s forex reserves drop $4.92 billion to $780.78 billion as of September 11

India’s foreign exchange reserves declined by $4.92 billion to $780.78 billion in the week ended September 11, according to data released by the Reserve Bank…

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Posted in Economy

India set to sustain 6.5-7% real GDP growth, nominal growth seen at 11-12%: Jefferies

India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal year, while nominal GDP growth is expected to…

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Noel’s statement challenges Tata Sons’ claim that its board had decided to “start steps to follow the applicable RBI guidelines.” (REUTERS)
Posted in Business

Noel Tata vows to veto IPO listing, seeks 3-yr window from RBI: ‘If I’m forced to vote…’

Tata Trusts chairman Noel Tata told the Tata Sons board on Thursday that he would block any decision to list the country’s largest company by…

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RBI’s Rate-Hike Moment could be Near as Fed Steps up the Pressure
Posted in Economy

RBI rate hike imminent? Fed’s move pressures India to tighten monetary policy amid rising inflation

Mumbai: Calls for India to join central bank peers from Tokyo to London in tightening rates have grown louder after Washington, despite looming midterm polls,…

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MDR on UPI transactions faces PIL in Supreme Court
Posted in Economy

MDR on UPI transactions faces PIL in Supreme Court

New Delhi: A PIL has been filed in the Supreme Court seeking quashing of the government’s move to levy a merchant discount rate of 0.4%…

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Posted in Economy

India’s retail inflation quickens to 4.8% in August from 4.45% in July as food prices exert pressure

India’s retail inflation has accelerated to 4.82% in August 2026 from 4.45% in July, as food prices and other key components of the consumer basket…

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Jagdishan, who has led the bank since 2020, is set to step down at the end of his second term in October. (Representative Image (File Photo/Bloomberg))
Posted in Business

HDFC Bank submits two names as RBI set to appoint new CEO

HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…

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Posted in Economy

FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off

Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India to further advance its wholesale and retail digital rupee pilots as adoption of…

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India’s forex reserves surge $44.9 billion to record $785.7 billion, fourth largest globally

Kolkata: India’s foreign-exchange reserves surged a record $44.903 billion in the week to September 4 to $785.706 billion, a new all-time high, making it the…

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Posted in Economy

India’s forex reserves jump $44.90 billion to record $785.71 billion as of September 4

India’s foreign exchange reserves surged by $44.90 billion to a record $785.71 billion in the week ended September 4, according to data released by the…

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