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Reserve Bank of India (RBI)

crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices, foreign fund flows to set course of equity indices

"Investors will continue to watch the movement of rupee, crude oil prices and foreign fund flows," said SMC Investments & Advisors Chairman and Managing Director D.K. Aggarwal. Nov 18, 2018
rbi governor, garima kapoor, elara securities, rbi governor urjit patel, rbi repo rate

PM Modi stacks RBI board with allies to turn heat up on governor Urijit Patel

Now stacked with government nominees who can be counted on to support the administration, the board is being transformed from having a passive advisory role into a body that can exert pressure for policy change. Nov 18, 2018
SEBI headquarters

Information czar's retirement clouds Sebi's prospects in tussle with RBI

Central information commissioner's retirement on November 20 has hit Sebi's prospects of getting bank defaulters' data from RBI in the ongoing tussle. Nov 16, 2018
us economy, america, credit card repayment, credit card debt, new credit card debti, wallet hub report on credit card debt

Visa, Mastercard and American Express maybe taxed on India income

Presently, these payments companies are not taxed as per the Indian laws since the legislation says that only the foreign companies having 'permanent establishment' in the country would be liable to pay tax. Nov 12, 2018
demonetisation cashless economy digital jaitley chidambaram modi lingerie

What was Modi Govt's 'tearing hurry to fix' RBI capital framework?, asks Chidambaram

In a series of tweets, the senior Congress leader slammed the government for allegedly seeking funds from the RBI despite claiming that its (Centre) fiscal math was correct. Nov 11, 2018
p-chidambaram

BJP govt greedy, plans to take away RBI reserves, says P Chidambaram

The former Union Finance Minister says that the Modi government needs to understand the roles and functions of the central bank. Nov 10, 2018
Real estate

NBFC cash shortage hits real estate sector amid IL&FS episode

The scale of the problem is so humungous that even the sanctioned home loans are not being disbursed. Nov 9, 2018
demonetisation raids karnataka corruption fraud notes banks bureaucrats raids income tax acb police bengaluru exchange commission nexus contractors

Demonetisation spurred Indian economy's digitisation but issues remain

Whatever the avowed objectives of the controversial demonetization, it did help the Digital India initiative. However, the weak internet infrastructure has affected the government efforts to bridge the digital divide. Nov 9, 2018
Arun Jaitley

Centre demands one third of RBI reserve, RBI says no

The issue is related to the Centre seeking transfer of Rs.3.6 lakh crore that is more than a third of the total Rs.9.59 lakh crore reserves of RBI. Nov 6, 2018
gold

Reserve Bank of India bought 37% of gold reserves in Q3 of 2018: WCD report

RBI has bought 21 tonnes of gold between January to September, with the highest purchase in the Q3. Currently, the total gold reserves with RBI is 566 tonnes. Nov 5, 2018
wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

Dhanteras 2018: This how you should plan if you want to invest in gold

Like every year, just at the beginning of the festive season, Hindu families go on gold buying spree especially on the day of Dhanteras. Nov 5, 2018
p-chidambaram

Swadeshi Jagran Manch, Modi govt want Urijit Patel out of RBI: Chidambaram

SJM reportedly insisted that Reserve Bank of India (RBI) officials should exercise the discipline of restraint or resign. Nov 3, 2018
Arun Jaitley

India will become fifth largest economy in 2019: Finance minister Arun Jaitley

India emerged as the world's sixth largest economy in 2017, surpassing France, and is likely to go past the United Kingdom, which is at the fifth position, according to an analysis of data compiled by the World Bank. Nov 3, 2018
RBI

Liquidity crisis: RBI allows banks to assist NBFCs raise capital

The latest step taken by the central bank is expected to provide some liquidity to the cash-strapped NBFCs. Nov 3, 2018
rbi, rbi repo rate, rbi governor urjit patel, urjit patel on farm loan waiver, up govt waives farm loans, agrarian crisis in india, modi govt

RBI governor should work with govt or quit: RSS economic wing head

Ashwani Mahajan, the chief of Swadeshi Jagran Manch, said that RBI should not see the suggestions of the government negatively. Nov 1, 2018
note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

India's current economic scenario not like 1991 crisis: Bimal Jalan

The RBI had recently underlined the importance of its autonomy and warned that the government's focus on short-term goals could be harmful to the economy. Nov 1, 2018
rbi mpc meeting, rbi repo rate, rbi governor urjit patel, rbi deputy governor, rbi slr, rbi growth rate projection

RBI chief Urijit Patel may consider resignation amid differences with Modi govt: Report

The development has come against increasing tension between RBI and Centre after the RBI deputy governor Viral Acharya, in his speech warned of potentially catastrophic consequences if the Centre dilutes the autonomy of the apex bank. Oct 31, 2018
Reserve Bank of India

Centre tries to impinge on central bank's autonomy by invoking Section 7 of RBI Act

It is speculated that this move was behind RBI deputy governor Viral Acharya's warning the Centre – a rare display of independence – not to impinge on central bank's autonomy which might lead to undesirable consequences. Oct 31, 2018
minister-for-commerce-and-industry-anand-sharma

Government trying to destroy autonomous structure of RBI: Congress

Anand Sharma said that it was in the interest of India and the economy that the RBI alone remains the regulator for the banks for the lending, borrowings and fixes the rates for the banks. Oct 30, 2018
Microsoft

Indian bank customers' data compromised after Microsoft shares it with US intelligence agencies

Reserve Bank of India raised the concern in its Risk Assessment Report after data relating to customers was shared with intelligence agencies in the US. Oct 30, 2018
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