Image used for illustration purpose only | Photo Credit: Getty Images/iStockphoto Reserve Bank on Friday (December 5, 2025) raised the GDP growth projection to 7.3% for the current fiscal from its earlier estimate of 6.8% following robust economic performance in the July-September quarter. The Gross Domestic Product (GDP) registered a six-quarter high growth of 8.2% […]
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The campaign launched by the Department of Financial Services under the Finance Ministry, in coordination with the Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (Irdai), Securities and Exchange Board of India (Sebi), and the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs. | Photo Credit: […]
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The present Flexible Inflation Targeting (FIT) framework in India as a mandate for monetary policy to manage inflation at 4% (+/-) 2% is ending in March 2026 and is under review. In this regard the Reserve Bank of India (RBI) has brought out a well-researched discussion paper, and has several questions for which views have […]
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $6.925 billion to $695.355 billion during the week ended October 24, the RBI said on Friday (October 31, 2025). In the previous reporting week, the overall reserves had increased by $4.496 billion to $702.28 billion. For the week ended […]
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Reserve Bank of India Governor Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photo Credit: RBI Reserve Bank Governor Sanjay Malhotra on Wednesday (October 1, 2025) said there is no proposal to levy any charge on UPI transactions. RBI MPC meeting LIVE The Governor also said the central bank […]
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Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending […]
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Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains […]
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Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 25 paise to an all-time intraday low of 88.53 against the U.S. dollar in early trade on Tuesday (September 23, 2025), as headwinds like enhanced U.S. tariffs on Indian goods, as well as the U.S. H-1B Visa fee hike, dented investor sentiments. […]
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The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in mining activity, by –8.7% (10.3% in June 2024), and electricity output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon, with […]
Continue ReadingA logo of Reserve Bank of India at the RBI headquarters in Mumbai. File | Photo Credit: The HIndu The Reserve Bank of India (RBI) publishes data on financial assets and liabilities of households across India. A disturbing trend it shows is net financial savings of households, as a percentage of GDP, is declining. Let […]
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