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Finance minister Jaitley slams RBI as rift between govt, central bank deepens

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a ......

HDFC Bank gets RBI nod to retain Aditya Puri as CEO for two more years

Finance

29 October, 2018

HDFC Bank gets RBI nod to retain Aditya Puri as CEO for two more years

The Reserve Bank of India has allowed HDFC Bank managing director and CEO Aditya Puri to remain at the helm ......

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

Economy

05 October, 2018

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

The Reserve Bank of India (RBI) held interest rates unchanged at a policy meeting on Friday, sending the rupee tumbling to a ......

Sensex falls 2%, rupee hits new low as high crude oil prices weigh

Markets

04 October, 2018

Sensex falls 2%, rupee hits new low as high crude oil prices weigh

Indian shares plunged over 2 percent on Thursday, dragged by energy stocks such as Reliance Industries and oil marketers, while ......

India services activity drops to four-month low in September

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying price pressures ......

Rupee drops below 73 for first time on high crude prices

Markets

03 October, 2018

Rupee drops below 73 for first time on high crude prices

The rupee dropped to a record low in opening deals on Wednesday as a sharp rise in global crude oil ......

Bandhan Bank shares slump 20% on RBI curbs

Finance

01 October, 2018

Bandhan Bank shares slump 20% on RBI curbs

Bandhan Bank Ltd shares plunged to their lowest since March debut on Monday after the central bank withdrew permission to ......

India's factory output picks up pace in September on strong demand

Manufacturing

01 October, 2018

India's factory output picks up pace in September on strong demand

Indian factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed, a ......

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

Finance

28 September, 2018

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector ......

Sensex, Nifty mark worst month since early 2016

Markets

28 September, 2018

Sensex, Nifty mark worst month since early 2016

Good luck and tons of best wishes. God bless you in whatever you do. This is my heartiest wish just ......