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Reserve Bank of India receives bomb threat in Russian language

Reserve Bank of India receives bomb threat in Russian language

The MRA Marg Police Station has registered a case against an unidentified individual in connection with the incident; taking the matter seriously, the police have initiated an investigation

13 December,2024 10:22 AM IST | Mumbai | Faizan Khan
Rupee recovers from all-time low, appreciates to 84.83 against US dollar

Rupee recovers from all-time low, appreciates to 84.83 against US dollar

The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.

13 December,2024 09:45 AM IST | Mumbai
 Inflation decline sharper in high-income states, according to SBI report

Inflation decline sharper in high-income states, according to SBI report

The State Bank of India's report highlights that middle and high-income states have experienced a steeper decline in food inflation compared to low-income states, attributed to labour migration and faster disinflation in wealthier regions.

13 December,2024 09:25 AM IST | New Delhi
Shaktikanta Das says,

Shaktikanta Das says, "Inflation control is a huge challenge for new RBI gov"

Reflecting on the struggles he went thorough when he assumed office in 2018, Das recalled addressing issues related to banking sector and liquidity management

10 December,2024 02:33 PM IST | Mumbai | mid-day online correspondent
Shaktikanta Das bids emotional farewell as RBI Governor

Shaktikanta Das bids emotional farewell as RBI Governor

Outgoing RBI Governor Shaktikanta Das shares an emotional farewell, expressing gratitude to the government, stakeholders, and colleagues for their support throughout his tenure.

10 December,2024 11:08 AM IST | New Delhi
Here's all you need to know about new RBI Governor Sanjay Malhotra

Here's all you need to know about new RBI Governor Sanjay Malhotra

The appointment is effective from Wednesday, December 11, 2024, and will continue for three years, as per an official notification from the Department of Personnel and Training issued on Monday

09 December,2024 07:46 PM IST | Mumbai | mid-day online correspondent
RBI expands UPI credit line linking and unveils AI ethics framework

RBI expands UPI credit line linking and unveils AI ethics framework

RBI extends UPI credit line linking to Small Finance Banks, introduces an AI ethics framework, and launches AI-driven fraud detection to strengthen the financial system.

06 December,2024 12:31 PM IST | New Delhi
RBI keeps repo rate unchanged at 6.5%, reduces GDP growth forecast for FY25

RBI keeps repo rate unchanged at 6.5%, reduces GDP growth forecast for FY25

The Reserve Bank of India maintains the repo rate at 6.5 percent and revises GDP growth for FY25 down to 6.6 percent. Inflation forecast is raised to 4.8%.

06 December,2024 10:54 AM IST | New Delhi
Rupee gains 4 paise to 84.71 against US dollar amid positive equity market cues

Rupee gains 4 paise to 84.71 against US dollar amid positive equity market cues

The Indian rupee rose by 4 paise to 84.71 against the US dollar in early trade on Thursday, supported by positive domestic equities, despite the strength of the US dollar and rising crude oil prices

05 December,2024 10:11 AM IST | Mumbai
Morgan Stanley lowers India’s GDP growth projection to 6.3% for FY25

Morgan Stanley lowers India’s GDP growth projection to 6.3% for FY25

Morgan Stanley has revised India’s GDP growth forecast for FY25 from 6.7 percent to 6.3 percent, citing a slowdown in the July-September quarter. However, signs of recovery in October and November indicate a rebound in the latter half of the fiscal year

03 December,2024 12:36 PM IST | Mumbai

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