Tag: Reserve Bank of India
India’s wholesale prices fall 1.21% year-on-year in October
Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and…
ET Graphics: October inflation eases to record low after GST cuts
Prices dropped in October following the recent goods and service tax (GST) rationalisation. The reduction in GST rates, from 12% to 5% and 28% to…
GST rate cuts pull down October inflation by 85 bps, declining trend to continue: Experts
The GST rate cuts brought down retail inflation by 85 basis points to a record low of 0.25 per cent in October and the declining…
Festive season data lifts India’s economic outlook despite tariff pressures: Report
A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI…
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…
Pine Labs secures all three payment licences from the RBI
IPO-bound digital payments processor Pine Labs has secured all the mandated regulatory licences needed to offer digital payments in the country. According to a recent…
Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
SoftBank-backed fintech startup Juspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net…
Regulators must collaborate to minimise ‘harmful overlaps’: RBI Dy Guv Swaminathan
Regulators should collaborate to minimise ‘harmful overlaps’ in an interconnected business environment and close regulatory gaps without impeding innovations, RBI Deputy Governor Swaminathan J has…
Centre notifies new deep-sea fishing rules: What it means for Indian fishermen, cooperatives
In a significant move to unlock the potential of India’s vast marine resources, the Centre has notified new rules for deep-sea fishing in the country’s…
Digital frauds spike since July; RBI probing causes, warns of risks from digital currencies
The incidence of digital frauds has risen since July, and the Reserve Bank of India (RBI) is analysing the data to understand the reasons behind…