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Thursday, April 25, 2024
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Economy

RBI keeps repo rate unchanged at 6.5%, projects growth at 7% for 2024-25

Governor Shaktikanta Das also provided a positive outlook for manufacturing and services sector, while adding that agricultural sector was expected to remain resilient.

Action against Paytm bank was in customers’ interest: RBI

Mumbai (Maharashtra) , February 8 (ANI): Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including certain restrictions it...

RBI says no systemic worries, action on Paytm due to ‘persisted non-compliance’

Mumbai, Feb 8 (PTI) Reserve Bank Governor Shaktikanta Das on Thursday said there are no systemic worries and the action on Paytm was...

RBI pegs FY’25 GDP growth at 7 pc on improved consumption demand, private capex spends

Mumbai, Feb 8 (PTI) The Reserve Bank on Thursday projected GDP growth for the next financial year at 7 per cent on the...

RBI mandates lenders to provide Key Fact Statement to retail, MSME borrowers

Mumbai, Feb 8 (PTI) All lenders will now have to provide Key Fact Statement (KFS) about the terms of the loan agreement, including...

RBI now mandates Key Fact Statement for all retail, MSME loans

Mumbai (Maharashtra) , February 8 (ANI): The Reserve Bank of India (RBI) has extended the requirement of a key fact statement to all retail...

Chinese shares sustain rally, Nikkei vaults to new heights

By Stella Qiu SYDNEY (Reuters) - Chinese shares managed to hold onto weekly gains on Thursday as Beijing rolled out a slew of measures to revive market sentiment ahead of a week-long holiday, while

RBI keeps interest rate unchanged at 6.5 pc for sixth consecutive time

Mumbai, Feb 8 (PTI) The Reserve Bank of India on Thursday decided to keep policy rate unchanged for the sixth time in a row...

Dollar consolidates after Fed comments; yuan unfazed by inflation data

By Brigid Riley TOKYO (Reuters) -The U.S. dollar was trading in a tight range on Thursday as traders digested less dovish remarks from policymakers overnight and looked ahead to fresh economic data

Indian shares drop after RBI rate decision

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares declined on Thursday, dragged by rate-sensitive sectors, following the Reserve Bank of India's (RBI) decision to keep its key interest rate

On Camera

Rajkummar Rao must keep his chin up. Questions will be asked and he’s no victim

Rajkummar Rao now looks pretty much unrecognisable. It doesn’t take much to deduce that eyebrows will be raised, and questions will be asked about his face.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Russia-Ukraine war a gold mine for US, British defence firms — sales rocket, stock prices soar

Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.