However, the financial market segments which are currently open for transactions on Saturdays will continue to remain open on all working Saturdays, the RBI said.
RBI cannot remain impervious to the growing unsustainability of a stance that emphasises inflation over growth.
When global stocks plunged on Monday after a sell-off in Chinese shares, investors were asking whether the rout in equities, commodities and currencies would be like the last Asian currency crisis in 1997. India weathered that storm, but after Atal Bihari Vajpayee’s government conducted nuclear tests on May 11 and 13, 1998, economic sanctions by […]
She was watering plants in the balcony of her house when she suddenly lost balance, slipped and fell, the police said.
We need the market to clear the excess stock, says Reserve Bank Governor.
RBI Governor said NPAs are largely an accounting issue. “But beyond the accounting issue, there is a real issue that for a project under distress, how will you make sure that it’s put back on track.
These banks are expected to help increase access to basic banking services to millions of people in the country including migrants who are out of the formal banking system.
This comes in response to an appeal by Pune resident Deepak Sethi.
The choice of persons who sit on the Monetary Policy Committee will be critical — we need a debate on that.
Sensex hit the day’s high of 28,100.64, before settling at 28,067.31, up 517.78, or 1.88 per cent, its biggest single-day rise since January 20.
Economy stabilised, ‘significant improvement’ can be expected during the current fiscal, says Centre
The data will bolster the industry clamour for a cut in rate, which was kept unchanged in the monetary policy review on August 4.
Renminbi devaluation underscores the need to focus on public investment, set our house in order
Retail inflation has halved over the 19 months from double digit levels, giving the RBI scope to ease policy rates to help boost growth.
It has only managed to kill manufacturing and employment growth