Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from RBI

MHA clearance for credit of foreign contribution is necessary; mere registration under the FCR Act is not enough: Karnataka High Court

Mere possession of permanent registration under the Foreign Contribution (Regulation) Act, 2010, does not create a right in favour of an organisation to get the amounts, received from foreign countries, credited to their designated savings bank account, the High Court of Karnataka has said.

The Hindu

Data | Irrigation in focus as India moves towards driest-ever August

India is facing its driest August in 100 years, with 7% less rainfall than the long-period average. This is expected to hit kharif crop sowing, leading to higher food prices. RBI's August bulletin shows that while monsoon rainfall still plays a major role in agricultural results, its impact has reduced…

The Hindu

Morning Digest | With moon now in India’s orbit, focus shifts to Pragyan rover; Wagner chief Yevgeny Prigozhin killed in plane crash: Russian agencies, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

The Hindu

From analysis to the latest developments in health,
read the most diverse news in one place.

Sharath and Sreeja emerge the champions

inter-institutional championships

The Hindu

Govt.’s pre-emptive measures will cool food prices: Finance Ministry

Finance Ministry says food inflation likely to be transitory due to govt pre-emptive measures & arrival of fresh crops. Govt has taken steps to restrain food inflation & imports of pulses to moderate inflation. RBI's MPC revised inflation projection to 5.4% & Govt capex driving growth. External sector needs monitoring…

The Hindu

PILs against operations of Google Pay dismissed by HC

Concerns were also raised in relation to Google Pay’s “unfettered access” to its customers’ personal information such as Aadhaar, PAN and other transaction details.

The Hindu

Risky recourse: On the Reserve Bank of India’s Monetary Policy Committee and policy rate

How quickly policymakers intercede in the months aheasd will determine their inflation-fighting mettle

The Hindu

Read news from The Economist, FT, and more,
with one subscription

Soon, AI will let you make a UPI payment using voice

RBI proposes to increase UPI Lite per transaction payment limit to ₹500 and enable 'Conversational Payments' on UPI, 'UPI-Lite' on-device wallet and offline payments on UPI using NFC technology to further deepen digital payments in India. This will help in faster, reliable and contactless mode of payments for everyday small…

The Hindu

Home loan, other borrowers can switch to fixed-rate regime: RBI

RBI unveils framework allowing borrowers to switch to fixed interest rate from floating rate, providing relief to home, auto loan borrowers. Revised framework for Infrastructure Debt Funds (IDFs) to enable greater financing of infrastructure sector.

The Hindu

RBI keeps repo rate unchanged in third straight policy meet

The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected. Read further on Dynamite News:

Dynamite News

RBI retains FY24 GDP forecast at 6.5%

RBI retains GDP growth projection at 6.5% for FY20-21; raises inflation projection to 5.4% due to vegetable prices. Recovery in kharif sowing, services & consumer optimism to support household consumption.

The Hindu

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5%

The Hindu

RBI monetary policy: SBI Research expects another pause in interest rates

SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning. Read further on Dynamite news.

Dynamite News

RBI says 88% of ₹2,000 notes returned to banks

As much as 88% of the ₹2,000 banknotes in circulation as on May 19, 2023, have since been returned.

The Hindu

Get all your
news in one place.

100’s of premium titles.
One news app.

The Hindu

Explained | RBI’s proposal for interoperability of credit and debit cards

The Reserve Bank of India has proposed that card issuers be mandated to provide customers with the choice of multiple card networks, instead of only specific networks with which the bank has exclusive agreements

The Hindu

Two arrested for fake RBI job offer letters

The Commissioner’s Task Force (West) on Sunday arrested two persons who reportedly collected huge amounts from candidates in the name of offering jobs at the regional office of the Reserve Bank of India (RBI) here.

The Hindu

AIBEA faults RBI directive to negotiate with wilful defaulters on one-time settlement

At Canara Bank's 16th State Conference, AIBEA Sec. Rambabu said NPAs were eating into the vitals of the banking sector. GM Verma praised CBWEU's efforts & assured cooperation in solving members' issues. AIBEA VP Sharma lauded bank employees' service during COVID-19.

The Hindu

Fourth railway line project between Chennai Beach and Egmore hits a hurdle

Southern Railway faces difficulty in acquiring land for 4th railway line b/w Chennai Beach & Egmore, crucial to increase frequency of long-distance & freight trains. State govt & RBI yet to notify revised G.O. & grant permission for construction of retaining wall. Residents hope for early solution to complete project…

Get all your
news in one place.

100’s of premium titles.
One news app.

The Hindu

Eye on Emirati flows: on the new India-UAE framework and rupee-dirham transactions

The India-UAE local currency settlement system could serve as a precursor for other bilateral currency accords and help in the internationalisation of the rupee

The Hindu

Higher Education Minister Ponmudy taken in for questioning by ED

ED searches 13 hrs in Chennai & Villupuram, takes DMK Minister K. Ponmudy & son MP P. Gautham Sigamani for questioning in money laundering case. Documents, cash & jewellery seized. Searches conducted at 7 places. DVAC case pending in court. Assets worth ₹8.6 crore seized from Sigamani. ED probes illegal…

The Hindu

Guru Raghavendra bank scam to be handed over to CBI

Govt to hand over Guru Raghavendra Co-op Bank scam to CBI by month-end. Translation of transcripts in progress. Govt against cancellation of bank's licence or liquidation. Congress, BJP spar over who ordered CBI inquiry. RBI faulted for not calling for expression of interest to take over bank.

The Hindu

Winners of RBI quiz

Government Vocational Higher Secondary School, Pattazhy, will represent the district in the State-level quiz competition to be held at Thiruvananthapuram.

The Hindu

A.P. CID issues notices to subscribers of Margadarsi Chit Fund for alleged norm violations

For the first time in the ongoing investigation into the alleged financial fraud cases involving Margadarsi Chit Funds Pvt. Ltd. (MCFPL), the A.P. Crime Investigation Department (AP-CID) has issued notices to the individuals who have made cash deposits towards their subscription amount,

The Hindu

SC dismisses plea against ₹2,000 currency exchange policy

The Supreme Court on Monday dismissed a petition challenging the notifications issued by the Reserve Bank of India (RBI) and the State Bank of India (SBI) permitting the exchange of ₹2,000 currency notes without requirement of any identity proof.

The Hindu

Telangana to raise ₹10,200 cr. OMBs during second quarter

The State Government is continuing its tightrope walk in terms of financial resources to meet its immediate commitments like payments under Rythu Bandhu, Dalit Bandhu and other schemes.

1 … 6 7 8 9

People

Ashwini Kumar Upadhyay

18 stories

Satish Chandra Sharma

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Bharatiya Janata Party

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.