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Business  /  Published 04.12.22

RBI to moderate interest hike

RBI will come out with its next bi-monthly policy review on December 7 at the end of three-day meeting of Monetary Policy Committee beginning Monday...
By PTI in New Delhi

Business  /  Published 02.12.22

Digital rupee a game changer: SBI chief

As in the case of cash, it will not earn any interest and can be converted to other forms of money, like deposits with banks: central bank...
By PTI in New Delhi

Business  /  Published 02.12.22

Digital rupee launched

Primary advantage is that it ensures settlement finality and reduces settlement risks in the financial system: Jaya Vaidhyanathan...
By Our Special Correspondent in Mumbai

Business  /  Published 01.12.22

Digital rupee in 4 cities: RBI

In the second phase of the project, nine more cities and four more banks will be included...
By PTI in New Delhi

Business  /  Published 01.12.22

GDP growth dips to 6.3 per cent in second quarter

A major area of concern is falling government consumption expenditure, which shrank 4.4 %...
By Our Special Correspondent in New Delhi

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Business  /  Published 30.11.22

Meet with bank CEOs to spur rupee trade

Sources say meeting will be attended by other stakeholders who will review progress made on this front so far...
By PTI in New Delhi

Business  /  Published 30.11.22

Digital Re to make retail debut

Eight banks have been identified for phase-wise participation in this pilot...
By Our Special Correspondent in Mumbai

Business  /  Published 29.11.22

Launch of pilot retail digital rupee on Dec 1

It would be issued in the same denominations that paper currency and coins are currently issued: Reserve Bank of India...
By PTI in Mumbai

Business  /  Published 29.11.22

Q2 growth may miss RBI forecast

Citing a weak manufacturing sector coupled with steep margin compression, SBI Research has pencilled in the country’s GDP growth for Q2...
By Our Special Correspondent in New Delhi

Business  /  Published 27.11.22

CII urges RBI to moderate pace

With rising global risk aversion adversely impacting our foreign capital inflows, the industry body stated that it poses challenges for financing India's current account deficit...
By PTI in New Delhi


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