Reserve Bank of India
Markets
Rupee logs best day in 21 months as RBI looks to contain inflation
The Indian rupee posted its biggest single-day gain in 21 months on Tuesday, while bond yields fell to their lowest ......
Markets
Rupee posts biggest weekly gain in 20 months as RBI stands aside
The Indian rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session, ......
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Economy
India's recession-hit economy unlikely to recover before 2021
India’s deepest recession on record will linger through the rest of this year and begin to lift only in early ......
Economy
Economy more resilient now vs global financial crisis, says RBI Governor
The Indian economy remains much stronger amid the coronavirus pandemic than it was during the global financial crisis over a ......
General
Farmers turn to moneylenders as banks shun risk amid pandemic
Last month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to buy ......
General
Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL
Pacific Alliance Group (PAG), the world’s largest Asia-focused alternative asset management company, is looking to acquire a majority stake in ......
Finance
No funds available: Depositors at PMC Bank survive on loans, charity
In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready ......
Markets
RBI announces ‘Operation Twist' but bond traders want more
The Reserve Bank of India announced on Tuesday it will buy longer tenor bonds and sell shorter maturities in a ......
Economy
Govt consumption key to demand growth in economy: RBI report
Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic ......
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