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Indian equity markets ended lower on Thursday despite the government's ordinance providing tax relief to foreign institutional investors. The BSE Sensex closed at 74,243.34 points, down 0.16%, while t…
The Reserve Bank of India has decided to keep the policy repo rate unchanged, focusing on financial stability and long-term growth. Economists and industry leaders have praised the move, noting it sup…
RBI Governor Sanjay Malhotra said the central bank remains vigilant against excessive rupee volatility and will intervene when needed. He welcomed the government's tax relief for foreign investors in…
World Bank's Neelkanth Mishra says India is likely to grow faster than RBI's reduced FY27 forecast of 6.6%. He cites internal assessments showing nearly 8% growth in the February-March period. Mishra…
The Indian rupee appreciated sharply by 50 paise to 95.24 against the US dollar after the RBI eased investment norms for foreign portfolio investors and NRIs. The central bank kept the repo rate uncha…
The Reserve Bank of India kept the repo rate unchanged at 5.25%, a decision widely welcomed by economists and industry experts. Experts noted the RBI balanced growth support with caution on inflation…
The Reserve Bank of India announced temporary regulatory changes to attract foreign capital and ease investment bottlenecks. Governor Sanjay Malhotra introduced a concessional forex swap facility for…
The RBI has increased equity investment limits for NRIs, OCIs, and PROIs to attract foreign capital. Governor Sanjay Malhotra announced measures including concessional forex swaps and inclusion of new…
The Reserve Bank of India has revised its GDP growth forecast for FY27 downward to 6.6% from the earlier 6.9% projection. Governor Sanjay Malhotra cited heightened global uncertainty from the West Asi…
The Reserve Bank of India has revised its CPI inflation projection for FY26-27 to 5.1%, an increase of 50 basis points from earlier estimates. The upward revision is driven by elevated global crude oi…
The RBI's MPC unanimously kept the repo rate unchanged at 5.25% with a neutral stance. Governor Sanjay Malhotra cited resilient economy but noted risks from global uncertainty and geopolitical tension…
The Reserve Bank of India's Monetary Policy Committee unanimously decided to keep the repo rate unchanged at 5.25%, maintaining its neutral stance. RBI Governor Sanjay Malhotra cited heightened global…
