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RBI cuts key rate by 0.25% to 6-year low

In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was on Tuesday cut by 0.25 per cent to six-year...

Want to come to India but passport suspended: Vijay Mallya to...

Liquor baron Vijay Mallya today informed a Delhi court that he wants to come to India but is unable to travel back as his...

Just Dial gets RBI’s in-principle nod for its prepaid wallet

Local search engine Just Dial said on Thursday it has got in-principle nod from the Reserve Bank of India (RBI) for launching its prepaid...

RBI to infuse Rs 10,000 crore via bond purchase on Thursday

The Reserve Bank will conduct open market operations (OMO) to purchase government bonds to infuse liquidity of Rs 10,000 crore on Thursday. "Based on the...

SIT asks RBI to share black money data with govt agencies

The Special Investigation Team on black money has asked Reserve Bank to develop an institutional mechanism to share data with enforcement agencies to track...

Urjit Patel assumes charge as new RBI Governor

Urjit Patel has assumed charge as the 24th Governor of Reserve Bank, succeeding Raghuram Rajan whose three-year controversy-ridden tenure ended yesterday. Patel has assumed charge...

3-year-term of rockstar and James Bond of Mint Street as RBI...

As Mint Street readies for a new sheriff, the three-year tenure marked with numerous controversies ended on Sunday for Raghuram Rajan — who sacrificed...

रघुराम राजन के सम्मान में वित्त मंत्रालय ने आयोजित किया रात्रिभोज

वित्त मंत्रालय ने शनिवार रात निवर्तमान आरबीआई गवर्नर रघुराम राजन के सम्मान में विदाई रात्रिभोज का आयोजन किया इस रात्रिभोज का आयोजन राजन...

RBI’s ability to say ‘no’ to govt must be protected, says...

A day before demitting office, Reserve Bank Governor Raghuram Rajan today said the RBI's ability to say 'no' to highest echelons of government has...

Confident that Urjit Patel will carry forward inflation fight, says Raghuram...

Outgoing Reserve Bank Governor Raghuram Rajan exuded confidence on Friday that his successor Urjit Patel will carry forward the work they began on taming...

Govt hopes Urjit Patel will ‘rise to occasion’, curb inflation

The government on Monday hoped that Governor-designate Urjit Patel will "rise to the occasion" and use his experience of handling monetary policy at RBI to maintain a...

Subramanian Swamy takes potshots at Rajan’s policies

Weeks before RBI Governor Raghuram Rajan demits office, BJP MP Subramanian Swamy on Friday took potshots at him saying an IMF working paper has...

Subramanian Swamy says media was motivated by foreign forces to support...

BJP leader Subramanian Swamy today once again attacked Raghuram Rajan on the monetary policy, over a month after Prime Minister Narendra Modi had disapproved...

Raghuram Rajan being attacked for taking on crony capitalists, says his...

A former Chicago University colleague and co-author, Luigi Zingales, has come to the defence of Raghuram Rajan saying that  the RBI Governor was being...

India manufacturing growth slows to 22-month low in October

Growth in India’s manufacturing sector slowed down to its lowest in 22 months in October after a sharp decrease in domestic demand, a private...

Weak dollar strengthens India’s forex reserves

A weaker US dollar, a stable rupee and a slow recovery in the inflow of foreign funds added $631.5 million to India's foreign exchange...

India’s foreign reserves rise to $352 billion, reports RBI

India's foreign exchange (Forex) reserves rose by $631.5 million to $352.02 billion in the week ended 18 September, official data showed on Friday. The reserves...

Modi government’s home secretary, LC Goyal, asks for voluntary retirement, replaced...

Central government on Monday announced that it was appointing the senior bureaucrat, Rajiv Mehrishi, as the new home secretary after the incumbent home secretary,...

Govt all set to strip RBI chief of veto power on...

The government has proposed to take away the authority of the chief of Reserve Bank of India in vetoing the interest rate decision of the...

Macroeconomic fundamentals improved but need to be vigilant: Raghuram Rajan

Reserve Bank of India Governor Raghuram Rajan has said macroeconomic fundamentals of the country have improved over the past two years and emerging market...