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RESRVE BANK OF INDIA
GST rate cuts pull down October inflation by 85 bps, declining trend to continue: ExpertsRetail inflation hit a record low in October, thanks to GST rate cuts. Experts expect this trend to continue. This development presents a s...- India's forex reserves fall by $2.16 billion to $688.26 billion as of October 18India's foreign exchange reserves have experienced a decline for the third consecutive week, dipping by $2 billion to stand at $688 billion...
- Indian farmers get just one-third of the price we pay for fruits and vegetablesIndian farmers earn only about one-third of the final selling price for fruits and vegetables. Research suggests enhancing private markets,...
- Public money not for private loot, bring Yes Bank under govt control: AIBEAThe AIBEA said there were repeated audit reports which pointed out glaring lapses and yet the RBI did no act. Same thing has happened now.
- Urjit Patel will ensure continuity at RBI: SS MundraMundra said the Resrve Bank is preparing a framework for peer to peer (P2P) lending to facilitate availability of finance to MSMEs.
- Sensex sees biggest fall in a month due to Inflation, drought fearsThe benchmark dropped 2.37% to close at 27,188 points. The Nifty fell 2.34% to 8,236, below its 200-day moving average.
- Reserve Bank India may eventually tighten rates to tame inflation: HSBCAccording to the global financial services major, inflation may remain sticky, with a possible El Nino effect on the monsoon likely to push...
- IDFC surges 8%, then erases all gains as it gears up for bank licence: a buy?"Valuations are undemanding and have lower execution risk versus IDFC, given established franchises. We remain neutral on IDFC," says Goldm...
- Banks collect over $25 billion from special swap windowIndia has received about $25 billion through the special concessional swap window for deposits by non-resident Indians.
- India's forex reserves up by $2.29 billionAfter declining for two consecutive weeks, the country's foreign exchange reserves jumped by $2.294 billion to $316.801 billion on the back...
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