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Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters

NEW DELHI: A panel with representatives from the Reserve Bank of India (RBI), central and state governments, and academia has been...
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Business

Bank Holidays December 2024: On what days will banks be closed in December? Check state-wise holiday list

In December 2024, banks will be closed for various occasions apart from every Sunday and second and fourth Saturdays. Bank Holidays December...
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Economy

Gold holds up incremental value of forex reserves

The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by...
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Economy

Work begins on credit index for MSMEs to boost funding

New Delhi: The government has begun discussions with stakeholders, including banks and regulators, to develop a 'Creditworthiness Index' as part of its push...
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Economy

Expanding supply capacity will contain inflationary pressure, RBI’s inflation target credible: S&P

S&P Global Ratings on Wednesday said supply capacity in India is continuing to expand pretty quickly which will help contain inflationary pressure.S&P Senior...
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Economy

RBI may defer rate cut call to February as inflation’s still hot

India's central bank is likely to defer a decision on slashing rates to at least February, economists said, illustrating the risks posed by...
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Economy

India’s forex kitty falls $2.6 billion to $682 billion as of November 1

Mumbai: Reserve Bank Of India's (RBI) foreign exchange reserves fell by $2.6 billion to $682.1 billion for the week ended November 1, latest...
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Economy

Donald Trump win looming? RBI well-equipped for post-US election volatility, sources say

India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if...
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