New Delhi, Oct 1 (IANS) Leading industry chambers on Wednesday expressed delight on the RBI’s move to keep the repo rate steady at 5.5 per cent with a ‘neutral’ stance, saying that this shows a balanced approach to supporting growth while keeping an eye on inflation.
New Delhi, Oct 1 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday reiterated that the central bank has no proposal to impose a fee on transactions done through Unified Payments Interface (UPI).
Mumbai, Oct 1 (IANS) The RBI on Wednesday decided to ease foreign exchange management norms to facilitate easier payments by exporters, which include an extension in the time period for repatriation of forex earnings, to counter growing uncertainties in global trade.
New Delhi, Oct 1 (IANS) Bankers on Wednesday welcomed the Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.5 per cent with a neutral stance, saying the move reflects a balanced approach in supporting growth and ensuring price stability.
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.
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.
