RBI
Rupee depreciation against US dollar lower than other major currencies: CEA
New Delhi, Jul 20 (PTI) Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the depreciation of the rupee against the US dollar has been lower than other…
India’s economy recovered strongly despite 3 COVID waves, says US Treasury report
Washington, Jun 11 (PTI) The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed…
RBI hikes interest rate by 40 bps to 4.40%
Mumbai, May 4 (PTI) The Reserve Bank on Wednesday increased the benchmark lending rate by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation, which…
RBI trims FY23 growth forecast to 7.2 pc amid geopolitical uncertainties
Mumbai, Apr 8 (PTI) The Reserve Bank on Friday slashed economic growth projection to 7.2 per cent for the current fiscal from 7.8 per cent estimated earlier amid volatile crude…
India on cusp of major economic recovery; talks of stagflation ‘overhyped’: Niti Aayog VC
New Delhi, Apr 3 (PTI) India is on the cusp of a major economic recovery and talks of possible stagflation are "overhyped" as a strong economic foundation is being laid…
PM Modi launches two innovative customer centric initiatives of RBI
Prime Minister Shri Narendra Modi launched two innovative customer centric initiatives of RBI viz. Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme, here today via video conference.…
