India's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...

India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...

India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...

Congress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...

Understanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...

Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay bu...

India experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that ...

India's capital account surplus is expected to reach USD 105 billion in FY27. Stronger foreign capital inflows and improved portfolio inves...

India faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...

The all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...

RBI dividend: The Indian government expects dividend income from the Reserve Bank of India to remain consistent with last year. A surplus o...

Since 2013-14, the RBI has been paying 99 per cent of its disposable income to the government, which is battling to rein in deficits. In Au...

The surplus transfer is expected to help the government meet its fiscal deficit target.

The RBI will also review rules on capital and risk weight for Indian banks.

The entire surplus of Rs 52,679 crore was transferred to the government even as the central bank’s gross income in the previous financial y...