Nandan Nilekani appointed Chief Mentor for India Energy Stack Task ForceThe Ministry of Power has officially appointed Nandan Nilekani, co-founder of Infosys, as the Chief Mentor of the Task Force responsible fo...
Indian economy makes solid recovery despite global headwind: RBI Governor Shaktikanta DasIn this fragile global milieu, Das said, balancing the policy trade-offs, preserving macroeconomic and financial stability, shoring up conf...
Indian banks' gross bad loans fall to a 10-year low of 3.9%: RBI's Financial Stability ReportScheduled commercial banks' net non-performing assets (NPA) ratio fell to a 10-year low of 3.9 per cent in March 2023, the Reserve Bank of ...
Indian lenders strong enough to counter worst of macro stress: RBIIt may go down to 14.0% in the medium stress scenario and to 13.1% under the severe stress scenario by September 2023, but it will stay abo...
Cryptocurrencies clear danger, says RBI GovernorReserve Bank of India (RBI) has been flagging concerns about cryptocurrencies, which are seen as a highly speculative asset.In the foreword...
QS Ranking: IISc Bengaluru fastest rising South Asian university, 4 IITs in top 200The Indian Institute of Technology, Bombay, which has bagged the 172nd position, is India's second best institution, rising five places whi...
Braking monsoon slows sowing: Food price surge looms, but rate hike unlikelySeveral state governments have reportedly urged farmers to delay sowing of the kharif, or summer-sown, crop this season, with total cropped...
RBI's financial stability report curiously silent on banking frauds this timeSince Shaktikanta Das took over as governor of Reserve Bank of India (RBI) in December 2018, all issues of FSR, one of the key publications...
Pandemic market volatility reinforces need to scrap Libor: BOEThe London Interbank Offered Rate is used for pricing borrowing costs in contracts worth $400 trillion globally.
Avoid excessive regulation to contain black money: RBI reportAmid a continuing debate on black money, an RBI report said "the best way" to contain this menace is to improve governance and quality of s...
RBI should step up communication on financial stability issues: Financial Stability BoardEnhanced public communication on macroprudential policies can also introduce more accountability and educate the public on financial stabil...
Indian economy stands out amongst emerging markets: RBI's Financial Stability ReportThere is a need to bolster gross fixed capital formation while maintaining robust trends in consumption to sustain higher levels of growth,...
RBI report says indebted firms constraining bank lendingThe ability of India's debt-burdened firms to repay their debts has worsened as leverage has increased, straining a banking sector burdened...
Raghuram Rajan says economy in better shape, but flags volatilityThe macro-economic fundamentals have improved and we have also been able to build buffers to fight any future uncertainty, Rajan said.
Macroeconomic risks to economy rising: RBIRBI said macroeconomic risks to Indian economy have increased over the last six months due to fall in growth & subdued performance of corpo...
Macroeconomic risks to economy rising: Reserve BankThe Reserve Bank today said the macroeconomic risks to the Indian economy have increased over the last six months due to the fall in growth.
RBI says risks to financial stability on the riseGoing forward into 2012-13, downside risks to growth are likely to persist, especially if monsoons are significantly below long period aver...