scorecardresearch
Thursday, March 28, 2024
TopicRBI

Topic: RBI

India’s forex reserves post biggest weekly fall since 2011 to well below $400 billion

Forex reserves fell to $394.47 billion as the Reserve Bank of India sold dollars to shore up the sinking rupee.

Mastercard & Visa among firms set to miss RBI deadline to store data in India

Mastercard & Visa have requested an extension of the RBI deadline & relaxation of rules, citing operational difficulties & security concerns.

India’s headline inflation might be low, but it may not stay that way for long

Between a record-low currency, high oil prices, and a looming election, India's inflation rate could take a hit.

RBI shows it will hold managements of private banks accountable

The action of regulators against older generation leaders of 3 private banks is seen to benefit share holders in the long term.

Demand is cooling and that explains why RBI didn’t hike interest rates

Capacity utilisation rate, consumer confidence, and outlook for demand in manufacturing sector in third quarter were less optimistic, RBI surveys show.

Politics is back to trump economics under Modi govt

RBI holding rates & govt cutting fuel prices show India is simply being buffeted by politics.

IL&FS effect slams brakes on runaway growth of non-bank finance companies

RBI is looking at strengthening guidelines for non-bank lenders to avoid rollover risks after the IL&FS defaults.

Unwise decision by RBI to delay inevitable rate hike

It was up to RBI to try and undo the damage of New Delhi’s loose talk on the rupee. And the RBI blew it.

RBI surprises by holding interest rates and shifting to hawkish stance

The six-member monetary policy committee led by RBI Governor Urjit Patel voted 5-1 to keep the repurchase rate at 6.5 per cent.

Rupee crashes to all time low of 74.13 against US dollar

Rupee plunged 55 paise against US dollar soon after the RBI announced its monetary policy.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts training Jammu & Kashmir cops 

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.