India’s latest inflation data has landed like a cool breeze in the sweltering summer of economic uncertainty.
With the MoU coming into play, the entities will cooperate with each other in the areas of mutual interest where they will share relevant intelligence and information, available in their respective databases.
The softening of CPI inflation will boost India’s private final consumption expenditure, the largest component of the GDP, industry leaders said on Tuesday.
India's central bank has once again stepped in with a measured response to the growing economic uncertainty by cutting the repo rate by 25 basis points, bringing it down to 6 per cent.
With the RBI’s 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
A division bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad granted time to RBI for filing a response.
Foreign exchange market participants will have to prepare themselves to manage the changes and the associated risks, and the Foreign Exchange Dealers' Association of India
The Reserve Bank of India (RBI) on Friday said it imposed a monetary penalty of over Rs 3 crore (3,06,66,000) on Amazon Pay (India) for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) requirements.
The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing of government securities. It is aimed at improving liquidity and price discovery in the market.
Among groups, cereals and products, eggs, spices, among others, contributed to the elevation in retail inflation in January.
