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In a bid to protect the interest of depositors, the Lok Sabha on Wednesday passed an amendment to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI.   The Ba...

The country’s retail inflation slightly eased in August to 6.69 per cent as food prices fell, but remained above the upper limit of the RBI tolerance band of 6 per cent for the fifth straight mo...

Chief economic adviser K.V. Subramanian has attributed the rise in inflation to supply-side frictions and exuded confidence that retail inflation will come down in the days ahead with the easing of lo...

There is unlikely to be any good news on the inflation front with prices rising above the Reserve Bank of India’s medium term target in August, a Reuters poll has showed. The poll of nearly 50 ...

The last word in a stern letter like this can be forbidding too. You need to save and invest as much as possible while you are still working. If you haven’t done it, or if you have ignored the n...

“A government that robs Peter to pay Paul can always depend on the support of Paul.” — G.B. Shaw History suggests that high and accelerating debt levels are common during wars. Covi...

The Federal Reserve on Thursday rolled out a sweeping rewrite of its approach to monetary policy, putting new weight on bolstering the US labour market and less on worries about too-high inflation. T...

Yields on the benchmark 10-year bond on Friday breached the 6 per cent mark as elevated retail inflation led to concerns that the Reserve Bank of India (RBI) will continue with its pause on interest r...

The Reserve Bank of India’s policymakers are grappling with a stark dilemma. If they do not cut interest rates, it may be hard to kickstart a moribund economy. But inflation is ruling at 6.93 p...