The Department of Banking & Finance Management, College of Co-operation, Banking & Finance Management, Kerala Agricultural University, has organised “Dhanapadham,” a financial literacy programme for farmers. The programme was held at the Green Army Training Centre, Athani, Thrissur, in collaboration with the Reserve Bank of India (RBI), Thiruvananthapuram, and the Lead Bank Office, Canara Bank, […]
Indians sharply cut back on overseas travel spending in March, with remittances for foreign trips dropping by more than $212 million from the previous month, according to Reserve Bank of India data. The fall in outbound travel expenditure came amid rising oil prices linked to the Middle East conflict and persistent pressure on rupee, even […]
New Delhi, April 8: The Reserve Bank of India (RBI) has revised its economic growth forecast for the country, increasing the real GDP growth estimate for the fiscal year 2026 from 7.4% to 7.6%. This announcement was made on Wednesday amid concerns regarding geopolitical tensions that pose risks to the economy. According to the RBI, […]
New Delhi, April 8: The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% during its first monetary policy review for the fiscal year 2026-27, adopting a neutral stance. This decision aligns with market expectations and was unanimously approved by the six-member Monetary Policy Committee (MPC) after two days […]
New Delhi, February 17: The Reserve Bank of India (RBI) is likely to maintain its policy interest rates in the fiscal year 2027, as a slight increase in consumer price index (CPI)-based inflation is anticipated. A report released by Crisil Ratings on Tuesday suggests that food inflation may rise due to normalizing conditions, although lower […]
Mumbai, 18 December (Udaipur Kiran) — Shares of One97 Communications (Paytm) moved higher on Wednesday after its wholly owned subsidiary Paytm Payments Services Ltd (PPSL) received authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator for offline (physical) and cross-border transactions. The stock was trading at Rs. 1284.20, up 1.26% […]
Georgieva commended India’s significant economic and structural reforms. (AI image) At a time when the global economy is looking at uncertainty due to Donald Trump’s tariffs, IMF Managing Director Kristalina Georgieva has said she is ‘very big’ on India. Praising India for its reforms, Georgieva said that the country has proved people wrong with its […]
Indian buyers using international credit cards for Dubai property risk violating FEMA, bypassing RBI’s $250,000 LRS, and facing penalties/Representative Image Indian buyers investing in overseas real estate, particularly in Dubai, have been cautioned against using international credit cards (ICCs) for down payments. Such transactions can violate Indian foreign exchange laws and attract serious legal and […]
In his first interview since taking over as RBIgovernor, Sanjay Malhotra tells TOI’s Mayur Shetty & Sidhartha that while tariffs can have a short-term impact on economic growth, India’s status as the world’s fastest-growing economy won’t be impacted.On rupee volatility, he said RBI doesn’t target a specific rupee-dollar rate. And on FDs, the governor said […]
