MPC minutes: Premature pause to be a costly policy error, says Das

In a scenario where inflation continues to remain elevated, a “premature pause” in monetary policy action…

RBI allows SPDs to undertake all foreign exchange-related activities

The Reserve Bank of India (RBI) on Tuesday allowed standalone primary dealers to offer all…

RBI unveils features of digital rupee, plans to launch pilot soon

The Reserve Bank of India (RBI) is exploring the possibility to launch its own digital…

Six months on, crypto tax leading to siphoning of India’s wealth: Experts

The provision of a 30 per cent tax on the transfer of cryptocurrency has facilitated…

Massive currency market intervention may not impact monetary policy independence: Report

Massive interventions by the Reserve Bank of India (RBI) to contain the value of the rupee…

Weakening rupee to make import of crude oil, commodities expensive

The Indian rupee sliding to a historic low of 81.09 to a dollar will make…

Rupee has held back very well among peers against dollar: FM Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the rupee has “held back very well” when…

Morgan Stanley revises rate call on RBI to 50 bps on sticky inflation

MUMBAI (Reuters) – The Reserve Bank of India could raise interest rates…

Healthy revenue buoyancy expected for rest of the year: Finance Ministry

India is in a better position to calibrate its liquidity levels without…

Policy amended, international trade can now be settled in Rupee

The government has amended the Foreign Trade Policy to allow international trade invoicing, payment and settlement…