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...
23 Apr, 2026, 09.29 AM IST
FD rates set to rise? RBI repo decision may bring good news for investorsRising inflation may not force the RBI to increase the repo rate this time around, but in later MPC meetings, the likelihood of higher repo...
07 Apr, 2026, 12.54 PM IST
No Leaders, No Plan! So Why Do Animal Swarms Look Smarter Than Us?Animals in forests, oceans, and underground exhibit surprising coordination without a leader, challenging traditional definitions of intell...
19 Mar, 2026, 05.50 PM IST
RBI cash injections help wipe out worst-ever India cash crunchIndian banking liquidity turned surplus for the first time in over three months in March. This occurred due to aggressive fund injections b...
01 Apr, 2025, 03.51 PM IST
India's widening bank liquidity deficit warrants more measures, traders sayIndia's banking system liquidity deficit is projected to further expand in the next quarter due to tax outflows and the central bank's fore...
27 Dec, 2024, 11.50 AM IST
Government's cash surplus tops Rs 3.4 lakh croreApart from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by...
18 Jan, 2024, 05.37 AM IST
RBI announces 2-day repo as overnight rates stay elevatedThe Reserve Bank of India will conduct a two-day repo for 500 billion rupees ($6 billion) later in the day based on "a review of current an...
27 Dec, 2023, 12.13 PM IST
S Venkitaramanan, former RBI Governor and India's BoP crisis saviour, deadWhile Venkitaramanan was known for quick decision making, he had managed many crises skilfully during his more than three decades of servic...
18 Nov, 2023, 05.18 PM IST
Spurt in India's liquidity surplus may not sustain through FY endIndia's banking system liquidity surplus has averaged above 1.50 trillion rupees ($18.11 billion) on a daily basis from Dec. 1 to Dec. 14, ...
16 Dec, 2022, 05.24 PM IST
Russia's Sberbank to leave European market in face of cash outflowsThe bank, which is set to unveil 2021 financial results later in the day, said it was no longer able to supply liquidity to European subsid...
02 Mar, 2022, 12.23 PM IST
Russia's Sberbank to leave European market in face of cash outflowsOn Monday, the European Central Bank (ECB) warned that Sberbank's European arm faced closure after a run on its deposits sparked by the inv...
02 Mar, 2022, 11.50 AM IST
RBI bars Amex, Diners Club from on-boarding new local customersThe action has been taken as these entities have been found non-compliant with the directions on storage of payment system data, which the ...
24 Apr, 2021, 10.10 AM IST
India's retail inflation expected to stay above 7% in November, economists sayRetail inflation has stayed above the central bank's comfort zone of 2% to 6% for seven consecutive months, a streak not seen since August ...
10 Dec, 2020, 10.06 AM IST
J&J’s subsidiary hip replacement row: A detailed timeline of events that hit this global giantJ&J has already paid $2.5 billion in settlements in the US, while Indian victims may receive a minimum payout of Rs 20 lakh each after an a...
04 Sep, 2018, 07.25 AM IST
Surprise cut in government borrowing extends India’s bond rallyBonds are adding to last year’s gains, during which the 10-year yield plunged 125 basis points, the most in Asia and its biggest drop in ei...
03 Jan, 2017, 10.16 AM IST
- RBI may cut CRR by 20-50 bps: CARE Rating
According to the RBI guidelines, they have a comfort zone of 1% of the total demand and time liabilities (Rs. 56,47,264 crore).
14 Dec, 2011, 10.45 AM IST
- No proposal to ban Chinese equipment in power projects: Govt
There were some failures with boiler and turbine generators supplied by Chinese manufacturers to power plants in West Bengal.
11 Mar, 2011, 06.07 PM IST