The Latest Breaking News from RBI

Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into…

The under-performance of the country in terms of economic growth “seems to indicate the path we are going on needs rethinking”, said former RBI Governor Raghuram Rajan at the All India Professionals Congress conclave

Rupee holding up ‘relatively well’ compared to advanced economies, says the RBI governor

‘We should remain open, resist temptation to raise protective duties’

RBI bulletin says TS among States with inflation in excess of 8 per cent 

‘State left with the option of raising ₹11,000 crore more’

Remittance inflows from the Gulf region declined in FY21 compared to FY17, whereas remittance inflows from countries such as the U.S., the U.K., and Singapore, with a higher share of Indian-origin white-collared workers, increased significantly

Banks urged not to deduct amount from farmers without their consent

Public can seek redressal through its ombudsman scheme, says Minister in LS