Reserve Bank of India (RBI) approved the transfer of ₹ 2,68,590.07 crore as surplus to the Centre. File | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday (May 23, 2025) approved the transfer of ₹2,68,590.07-crore as surplus to the Central Government for the accounting year 2024-25. Under the the Chairmanship of RBI Governor Sanjay […]
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U.S. President Donald Trump signs a document in the Oval Office at the White House in Washington, U.S. File photo | Photo Credit: REUTERS A proposal by the Donald Trump administration to levy a 5% tax on remittances to other countries could hurt India in particular, as the United States is the largest source of […]
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Image used for representational purposes only. File | Photo Credit: Reuters The rupee pared its initial losses and settled for the day higher by 17 paise at 85.41 (provisional) against the U.S. dollar on Friday (May 9, 2025), as likely intervention by the Reserve Bank of India helped contain excess depreciation of the rupee. Foreign […]
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Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the factors and disruptors that heightened inflation levels worldwide. It also identifies the specific commodities that affected inflation across different components, like food, fuel and core […]
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Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]
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According to RBI’s latest data, India’s foreign currency assets, the biggest component of the forex reserves, rose by USD 4.38 billion to USD 509.728 billion. File photo | Photo Credit: AFP India’s foreign exchange reserves rose sharply by USD 5.977 billion to USD 578.778 billion, hitting an over eight-month high. During the prior week that […]
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Representational image only. | Photo Credit: Twitter/@FinMinIndia The government’s total liabilities rose to ₹150.95 lakh crore in December quarter from ₹147.19 lakh crore in the three months ended September 2022, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 2.6% in October-December 2022-23. In absolute terms, the total liabilities, […]
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Reserve Bank of India (RBI) Governor Shaktikanta Das | Photo Credit: Reuters Reserve Bank of India Governor Shaktikanta Das on Wednesday laid the foundation stone for a ‘Greenfield Data Centre’ and an ‘Enterprise Computing & Cybersecurity Training Institute’ in Bhubaneswar, Odisha. “The Governor in his remarks acknowledged the critical role played by technology in supporting […]
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There is no doubt that the top-seeded Reserve Bank of India (RBI) women’s table tennis team is the favourite despite PSPB being the defending champion. RBI proved it in ample measure with an imposing 3-0 victory over Kerala in the pre-quarterfinals of the senior National inter-State table tennis championships here on Tuesday. RBI will take […]
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A Russian fighter jet on March 14, 2023 struck the propeller of a U.S. MQ-9 drone surveillance drone over the Black Sea, causing American forces to bring down the unmanned aerial vehicle in international waters, the U.S. military said. | Photo Credit: AP Russia says its fighters didn’t use weapons, impact U.S. drone The Russian […]
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