Tag: Reserve Bank of India
CPI Revamp: Inflation at 2.75% in January
New Delhi: India reported January retail inflation at 2.75%, the first reading under the revised Consumer Price Index (CPI) series with 2024 as the base…
RBI issues draft directions to revamp Kisan Credit Card scheme, seeks comments by March 6
Mumbai, The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed…
New CPI series to improve basis for formulating monetary, fiscal policies: CEA Nageswaran
Chief Economic Advisor V Anantha Nageswaran on Thursday said the new CPI series will improve the quality of data used in formulating monetary and fiscal…
India inflation rate climbs to 2.75% in January 2026 under new CPI series| Business News
India’s inflation rate has risen to the highest in eight months under the new CPI series to fall within the Reserve Bank of India’s tolerance…
RBI surprises market with aggressive dollar sale to support rupee| Business News
The Reserve Bank of India sold dollars heavily before the local market opened on Thursday to lift the rupee, six bankers said, with the scale…
India’s inflation revamp may give Reserve Bank a reason to stay on hold
India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…
RBI proposes July 1 rollout of stricter mis-selling rules for banks
The Reserve Bank of India (RBI) has directed banks to refund the entire amount to the customer where mis-sell of a product / service is…
Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS Finance
New Delhi, Around Rs 72,454 crore unclaimed deposits of banks, including foreign lenders, are with the Depositor Education and Awareness (DEA) Fund maintained by the…
India-US trade agreement along with other FTAs positive for Indian economy: SBI Chairman
Mumbai : State Bank of India (SBI) Chairman CS Setty on Saturday said the India-US trade agreement, along with the other recently concluded Free Trade…
Net impact of AI on jobs positive, managing the transition to new tech a challenge: RBI
Amid widespread worries over the impact of artificial intelligence on jobs, Reserve Bank Deputy Governor Poonam Gupta on Friday said the net impact of the…