The standing deposit facility (SDF) rate remains at 6.5% and the marginal standing facility (MSF) and the bank rate are at 6.7 percent.
Foreign tourists from G20 nations can now shop or make payments in India using the Unified Payments Interface (UPI), the Reserve Bank of India (RBI) announced...
Repo refers to the interest rate at which the central bank lends short-term funds to banks.
The Reserve Bank of India Governor Shaktikanta Das on Wednesday announced a hike in the repo rate by 40 basis points and cash reserve ratio (CRR)...
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Considering the importance of IMPS, which enables instant domestic 24*7 fund transfer to enhance consumer convenience, Das announced at the press conference that the IMPS transaction...
Emphasising the impact of a hike in fuel price over the manufacturing and transportation of goods, he urged for coordinated action to curb prices.
Following the meeting of the Monetary Policy Committee after Budget 2021, Reserve Bank of India Governor Shaktikanta Das
The Gross Domestic Product (GDP) of India growth contracted by minus 7.5 percent in the July-September period of 2020-2021 as the economy rebounded after the steepest...
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She sarcastically asked, "Why did he not fulfill his own promise? Has he developed diabetes?"
Trivedi mockingly questioned whether Kharge was truthful in his statements made the previous day, implying that his critiques of the...
“Such irresponsible actions will have serious consequences for bilateral ties," said the MEA.
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