Economic Times
Households’ inflation expectations for both three months and one year ahead moderated by 20 basis points (bps, one bps is 0.01 percent) each to 9 pe
1712334754 Economy - 7 months ago
India has lifted export restrictions on nine products, including potatoes, onions, rice, wheat flour, and sugar, to the Maldives for the current fisca
1712332311 Economy - 7 months ago
RBI's forex reserves surged to a record $645.58 billion, boosted by a $2.9 billion increase, with foreign currency assets rising to $570.61 billion. G
1712328736 Economy - 7 months ago
Central bank continues to build reserves to counter volatility, with India's reserves at $645.6 billion. Governor Das emphasizes the need to create a
1712327397 Economy - 7 months ago
A recent RBI survey shows that consumer confidence in India has surged to its highest level since mid-2019. Respondents expressed optimism about the c
1712324895 Economy - 7 months ago
The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party appli
1712321710 Economy - 7 months ago
Sanyal explained that the RBI's decision was supported by the trajectory of the Consumer Price Index (CPI), which remained below 4 per cent for the fi
1712319332 Economy - 7 months ago
India has permitted limited exports of essential commodities like sugar, wheat, rice, and onions to the Maldives, despite strained relations between M
1712316334 Economy - 7 months ago
The Central Bank Digital Currency (CBDC) transaction volumes have gone down after crossing 10 lakh in late-December 2023, Reserve Bank of India Govern
1712315910 Economy - 7 months ago
India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherlands, Portu
1712314157 Economy - 7 months ago
As the central bank held key policy rates steady, the EMIs on home and auto loans are likely to remain stable for some more time. The RBI has kept int
1712311747 Economy - 7 months ago
The central bank will issue a draft circular in this regard for comments of all stakeholders. Under the liquidity coverage ratio (LCR) introduced post
1712308780 Economy - 7 months ago
RBI Governor Shaktikanta Das addressed concerns over potential heatwave impacts on agricultural prices, stating that while wheat prices are unlikely t
1712304364 Economy - 7 months ago
The Reserve Bank of India (RBI) kept the policy interest rate and monetary stance unchanged for the seventh consecutive review meeting, citing uncerta
1712303537 Economy - 7 months ago
Subramanian's remarks on India's growth figures differ from IMF's views. He projected 8% growth till 2047. IMF to update World Economic Outlook with 6
1712301227 Economy - 7 months ago
The Reserve Bank of India (RBI) is expanding the usage of Central Bank Digital Currency (CBDC) by allowing distribution through Non-bank Payment Syste
1712300088 Economy - 7 months ago
RBI MPC Meeting: The governor hinted at inflation nearing the 4 per cent target, stating, "The elephant in the room was CPI inflation. The elephant ha
1712293654 Economy - 7 months ago
"UP, Bihar, and Rajasthan have been contributing much less than they could have. We are targeting total wheat procurement of 310 lakh tonne this year.
1712293294 Economy - 7 months ago
India's foreign exchange reserves reached a record high of $645.6 billion as of March 29, as stated by Reserve Bank of India Governor Shaktikanta Das
1712293267 Economy - 7 months ago
The Reserve Bank of India's Monetary Policy Committee maintains a positive outlook for FY25, retaining the real GDP growth forecast at 7%. Q1FY25 grow
1712292682 Economy - 7 months ago