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RBI CHIEF COMMENTS
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
- Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
- India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA NageswaranIndia is on the brink of achieving a robust 7 percent growth in FY28, contingent on maintaining macro stability and ensuring supply chains ...
- IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
- Noel Tata flags unresolved issues; Tata Sons chairman reappointment on holdThat could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chandrasekaran on the group’s five-year...
- RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri SubbaraoFormer RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested u...
- Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- RBI likely to pay a big dividend to CentreEconomists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh cro...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- MCX shares drop 3% after Sebi chief's comments on commodity derivatives. What spooked investors?MCX shares fell after SEBI signalled that banks and insurers are unlikely to be allowed into commodity derivatives. SEBI chief Tuhin Kanta ...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- Biggest currency clampdown in decade risks backfiring for IndiaIndia's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...
- Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources sayBanks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India's $100 million net open position limit. T...
- Rs 17L cr added! Sensex zooms 2,900 pts, Nifty closes near 24,000. Iran ceasefire among 5 key factorsWhy Stock Market is Up Today: Indian stock markets experienced a significant surge on Wednesday morning, with both the Sensex and Nifty cli...
- Measures to address the war's fallout lie outside MPC's remit - GoI and RBI must step upThe Reserve Bank of India's Monetary Policy Committee meets amid a West Asian war. This conflict disrupts supply chains and raises crude oi...
- Rs 11 lakh cr wiped out! Sensex slumps over 1,500 points, Nifty below 22,250: 5 factors behind today’s market crashIndian stock markets experienced a significant downturn on Thursday. The Sensex plummeted by almost 1,400 points, while the Nifty fell belo...
- SFIO summons former top executives of IndusInd Bank in accounting probeThe Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...
- India bonds rally as RBI chief's comments revive rate-cut betsIndian government bonds saw gains on Tuesday. Central bank chief Sanjay Malhotra's comments fueled expectations for a rate cut next month. ...
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