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NEW GOVERNORS INDIA
UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...
President Murmu appoints six Governors in major reshufflePresident Droupadi Murmu appointed four new Governors for the states of Karnataka, Uttarakhand, Odisha, and Sikkim. Om Prakash Mathur has b...
- Indian, US and Chinese firms show interest in Peru's $844 million port project
Investors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost ...
India’s rupee defence raises question of how far RBI will goThe Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dolla...
US state Montana governor pitches India partnerships in quantum, aerospace, biosciences & critical mineralsMontana has a cluster of around 80 quantum and photonics companies, and is keen to work with Indian institutions and firms on research, tec...
RBI's first big liquidity mop-up after rate hike falls short as banks park less than half the targetIn a bid to manage liquidity, the Reserve Bank of India executed a 29-day variable rate reverse repo auction, yet banks only stashed away R...
RBI bid to drain surplus liquidity and improve rate transmission sees muted responseBanks parked just Rs 79,655 crore in the central bank’s 29-day variable rate reverse repo (VRRR) auction, less than half the Rs 2 lakh cror...
RBI still assessing revolving credit norms: Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are unde...
What will happen to economy if India-US FTA doesn't happen? RBI Governor reveals"The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negati...
Credit growth may ease after rate hike but remain strong: RBIThe Reserve Bank of India projects a moderation in bank credit growth from the current 19% level. This expected slowdown results from a rec...
RBI rate hike: Your home loan EMI just went upThe monetary policy committee (MPC) voted unanimously for the increase and adopted a stance of "calibrated tightening". RBI Governor Sanjay...
RBI moves to quell forex reporting confusion, says individuals need not report imports, export earningsThe RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regula...
A new rate game begins. What’s inside the RBI’s new playbook?RBI rate hike in October monetary policy marks a sharp shift to calibrated tightening, raising the repo rate to 5.5%. RBI Governor Sanjay M...
Individuals exempt from reporting under new FEMA trade rules, RBI saysIndividuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank...
AI asset valuations pose global risk, but cyber threat biggest concern for central banks: RBI GovernorThe Governor made the remarks in response to an question at the post-policy press conference, after the RBI flagged elevated AI-related ass...
US, Indian military leadership meet in New Delhi to boost defence tiesUS and Indian military leadership gathered at Roosevelt House in New Delhi, highlighting the strengthening of the India-US Major Defence Pa...
Pine Labs, CAMS, Moneyview, other fintech stocks rally up to 11% after RBI MPC move. Here’s whyShares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability among NBFC account aggregators. The mo...
Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
India’s economic resilience strengthens global leadership prospects: Jean-Pierre LandauAmidst ongoing geopolitical tensions and global economic uncertainty, India is showcasing remarkable resilience, paving the way for enhance...
RBI remains cautious on crypto, backs underlying technology: Governor Sanjay MalhotraIndia's cautious approach towards cryptocurrencies emphasises the importance of underlying technologies like distributed ledger and tokenis...