Reserve Bank of India
Finance
Coronavirus has ‘drastically altered' India's growth outlook: RBI
The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its ......
Finance
State govts scramble for funds as virus takes toll on coffers
A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning that essential public services and ......
Finance
India's March services activity contracts amid coronavirus disruptions
India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand ......
Markets
RBI halves bond, forex trading hours to curb volatility amid lockdown
The Reserve Bank of India (RBI), in a unprecedented move, cut market trading hours for both bonds and foreign exchange ......
Manufacturing
India's March factory activity growth falls to four-month low
India’s manufacturing activity expanded at its slowest pace in four months in March and is likely to get worse as ......
Finance
Govt orders banks to remain open during lockdown
India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and ......
Finance
Three-month EMI holiday for home, car loans and other highlights from RBI policy
The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......
Markets
Nifty ends higher on rate cut but logs sixth week of decline
India's Nifty blue-chip index closed slightly higher on Friday after wild swings late in the session, as the country's central ......
Economy
RBI slashes interest rates as coronavirus lockdown hits economy
The Reserve Bank of India on Friday slashed interest rates by 75 basis points in an emergency move to revive ......
Economy
Bruised Indian economy to be battered further by coronavirus: Poll
India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the ......