The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments...

Such charges cannot be levied in the form of ‘penal interest’ that is added to the rate of interest being charged on the advances...

RBI governor Shaktikanta Das said central bank has taken number of steps to strengthen resilience of domestic banks...

Here are the latest developments from India and abroad...

Earlier this week, the information technology ministry banned 94 loan apps, which included entities not connected to China as well...

The pilot project started on December 1 has witnessed 7.70 lakh transactions, and is now being carried out in five cities...

To queries related to Adani Group, Shaktikanta Das said the Reserve Bank has made its own assessment to come out with the statement on Friday...

The six-member Monetary Policy Committee voted 4-2 to raise the repo rate to 6.50 per cent and retain its stance of withdrawing accommodation...

Although the forecast will be impacted by global factors such as geopolitical tensions and international financial market volatility, India's economic activity will stay strong...

The Economic Survey 2022-23 projected a baseline GDP growth of 6.5 per cent in real terms for the next fiscal...