Tag: Reserve Bank of India
Indian economy resilient amid global headwinds; GDP growth likely to near 7% in FY26: CEA
Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has held up well against global uncertainties and is on track to grow…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
RBI approves reappointment of C S Rajan as Kotak Mahindra Bank’s part-time Chairman
New Delhi: The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for…
India’s private sector activity eases to five-month low in October, PMI shows
Growth in India’s private sector eased to a five-month low in October as weaker demand and rising output prices weighed on business optimism, a survey…
Digital payments comprise 99.8% of total transactions volume in H1 2025: RBI
The payments ecosystem in India has witnessed a remarkable growth in recent years with digital payments now accounting for 99.8% of total payment transactions volume…
India’s GDP to grow 6.7-6.9 pc in FY26: Deloitte India
Deloitte India on Thursday projected India’s economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew…
Government must protect market from Chinese dumping: MPC’s Nagesh Kumar
The Centre needs to step in to protect the domestic market from dumping by Chinese exporters, Monetary Policy Committee (MPC) member Nagesh Kumar told ET,…
Indian economy shows resilience amid global challenges: RBI report highlights domestic consumption revival
A revival in domestic consumption across markets helped the Indian economy withstand heightened global uncertainties and weak external demand, the Reserve Bank of India said…
Indian economy not immune to global challenges, but resilient: RBI report
Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in…
India pushes to expand rupee settlement with key trade partners
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with…