Reserve Bank of India
Manufacturing
India factory activity quickens in July on stronger demand
India’s factory activity accelerated in July as domestic demand and output strengthened, encouraging firms to hire at the fastest rate ......
Finance
RBI eases external commercial borrowing norms for companies, NBFCs
The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......
Finance
Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan
A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced ......
Finance
RBI to cut rates again in August as doves prevail: Poll
The Reserve Bank of India is set to cut interest rates in August for the fourth meeting in a row, ......
Finance
RBI names BP Kanungo to run monetary policy after Viral Acharya quits
The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......
Finance
Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya
An increase in government borrowing runs the risk of flooding the debt market, while making it expensive for companies to ......
TMT
India govt panel recommends cryptocurrency ban, 10-year jail term
An Indian government panel has recommended banning all private cryptocurrencies and a jail term of up to 10 years and ......
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
Finance
Punjab & Sind Bank reports fraud in Bhushan Power account
India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......
Finance
Punjab National Bank detects $556 mn fraud by Bhushan Power & Steel
The Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 ......