Mumbai, Oct 1 (IANS) The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
Mumbai, Oct 1 (IANS) The RBI’s monetary policy committee (MPC) on Wednesday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2.6 per cent from 3.1 per cent in August primarily on account of the GST rate cuts and benign food prices.
Mumbai, Oct 1 (IANS) The RBI has raised its projection of India’s GDP growth rate to 6.8 per cent for 2025-26 from 6.5 per cent earlier, as the implementation of several growth-inducing structural reforms, including streamlining of GST, is expected to offset some of the adverse effects of the external headwinds, Reserve Bank Governor Sanjay Malhotra said on Wednesday.
New Delhi, Oct 1 (IANS) The Navi Mumbai International Airport, set to open next week, is a monument shaped by thousands of hands and hearts, said Gautam Adani, Chairman of the Adani Group, on Wednesday.
New Delhi, Oct 1 (IANS) The Indian Renewable Energy Development Agency (IREDA) on Wednesday said that its loan sanctions surged by 86 per cent to Rs 33,148 crore in the first half this fiscal (FY26), compared to Rs 17,860 crore in the same period last financial year.
Mumbai, Oct 1 (IANS) RBI Governor Sanjay Malhotra announced on Wednesday that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, and stick to the “neutral” policy stance.
Mumbai, Oct 1 (IANS) The Indian benchmark indices opened with mild gains on Wednesday, as investors await the decision of the Reserve Bank of India’s (RBI) monetary policy decision.
New Delhi, Oct 1 (IANS) The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September — with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on Wednesday.
New Delhi, Sep 30 (IANS) The Securities and Exchange Board of India (SEBI) on Tuesday once again extended the timeline for implementing its framework on “Safer participation of retail investors in algorithmic trading.”
New Delhi, Sep 30 (IANS) The Reserve Bank of India (RBI) on Tuesday said it has imposed a penalty of Rs 31.8 lakh on Indian Overseas Bank for failing to follow certain rules related to 'Priority Sector Lending (PSL) - Targets and Classification'.
