Tag: Reserve Bank of India
Inflation makes case for rate cut, but growth indicators are benign
Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…
Exporters in Gift City can retain forex proceeds for 3 months now
Mumbai: The Reserve Bank of India on Monday notified an amendment to Foreign Exchange Management Act (FEMA) regulations, allowing exporters with foreign currency accounts in…
DPIP: RBI’s AI tool to detect fraud in real time
Mumbai: The central bank’s upcoming Digital Payments Intelligence Platform (DPIP) would harness AI to detect and prevent payment frauds in real time, officials aware of…
India’s retail inflation falls to 8-year low in September
New Delhi: India’s retail inflation eased to 1.5% year-on-year in September, lowest since June 2017, driven primarily by a decline in food prices, official data…
India’s retail inflation in September hits over 8-year low, eases below RBI’s lower end of target range
India’s retail inflation eased below the lower end of the Reserve Bank of India‘s 2-6% target range to 1.54% in September from 2.07% in August,…
A stable rupee vs dollar fuels speculation of RBI returning to old playbook| Business News
The Indian Rupee (INR) has barely budged against the US Dollar (USD) over the past three weeks, prompting some traders to speculate that the Reserve…
RBI plans to repeal 9,000 circulars by consolidating regulations
The Reserve Bank of India (RBI) on Friday proposed to repeal about 9,000 circulars to reduce the regulatory burden and compliance costs, apart from timely…
House Price Index up 3.6% annually in Q1: RBI
All-India House Price Index (HPI) based on transaction-level data of 18 major cities increased by 3.6 percent year-on-year in the first quarter of the current…
RBI ready to do heavy lifting on loan risk weights
Mumbai: In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has…
MoSPI explores data partnership with fintech to boost innovation
The statistics ministry secretary on Wednesday chaired a closed-door meeting with fintech industry representatives on exploring collaboration with fintechs to strengthen the national statistical system…