Rbi News - Latest Updates & Headlines
India's forex market average daily turnover doubled from USD 32 bn in 2020 to USD 60 bn in 2024: RBI Governor
New Delhi, April 19: India's foreign exchange (forex) market has seen strong growth in recent years, with average daily turnover nearly doubling from USD 32 billion in 2020 to USD 60 billion in 2024.
RBI's Gold reserve valuation triples over a year to Rs 6.8 lakh cr amid surge in prices and new buying
Mumbai, April 19: The Reserve Bank of India (RBI) reported a sharp rise in the value of its gold reserves for the week ending April 11, reflecting a global surge in gold prices.
Indian stock markets rally over 4.5 pc in holiday-shortened week
Mumbai, April 19: Indian benchmark indices wrapped up the week on a strong recovery by surging over 4.5 per cent -- driven by positive signals from both domestic and global factors, experts said on Saturday.
India's forex rises for 6th straight week to touch $677.84 billion
Mumbai, April 18: India's foreign exchange reserves rose by $1.57 billion to $677.84 billion for the week ended April 11, according to the weekly data released by the RBI on Friday.
Astronomers find planet in perpendicular orbit around pair of stars: Study
Birmingham, April 18: Astronomers have found a planet that orbits at an angle of 90 degrees around a rare pair of peculiar stars.
Assam CM kickstarts development projects worth Rs 100 crore
Guwahati, April 17: Assam Chief Minister Himanta Biswa Sarma, during his visit to the Karbi Anglong district, dedicated development works worth more than Rs 100 crore on Thursday.
Assam CM dedicates development projects worth over Rs 100 crore in Diphu
Karbi Anglong, April 18: Assam Chief Minister Himanta Biswa Sarma, ushering in a new era of connectivity and progress in Karbi Anglong, on the first day of his two-day tour to Karbi Anglong on Thursday, dedicated development projects worth more than Rs 100 crore at a function held near Rengbonghom H S School in Diphu in Karbi Anglong district.
FIU-IND signs MoU with RBI for closer ties to combat money laundering
New Delhi, April 17: The Financial Intelligence Unit-India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here on Thursday as part of continued efforts to strengthen coordination for the effective implementation of the Prevention of Money Laundering Act and Rules framed thereunder.
Jio Financial Services log 1.6% rise in Q4 net profit to Rs 311 crore
Mumbai, April 17: Jio Financial Services has reported a marginal 1.6 per cent rise in its consolidated net profit in the January-March quarter at Rs 316 crore, compared with Rs 311 crore registered in the same quarter of the previous financial year.
FIU-IND, RBI sign MoU for enhanced coordination and information exchange
New Delhi, April 17: The Financial Intelligence Unit- India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here in the national capital on Thursday, as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and Rules framed thereunder.
Nifty bank powers Indian stocks to soar for fourth straight session
Mumbai, April 17: Indian stock markets on Thursday ended on a strong note, driven by the banking stocks.
RBI's proposed blended interest rates in co-lending to benefit borrowers: ICRA
New Delhi, April 17: Rating agency ICRA believes domestic borrowers will benefit from the RBI's proposed introduction of 'blended interest rates' in co-lending loans.
Assam CM to inaugurate development projects worth over Rs 100 crore in Karbi Anglong today
Guwahati, April 17: Assam Chief Minister Himanta Biswa Sarma is set to visit Karbi Anglong district on Thursday to inaugurate a series of development projects worth over Rs 100 crore. He said that these projects will improve the connectivity in the region.
Serbian Parliament approves new govt led by Djuro Macut
Belgrade, April 17: The National Assembly of Serbia has elected a new government led by endocrinologist Djuro Macut.
RBI to take rate cut down to 5.5 pc in FY26, CPI inflation to average 3.7 pc: HSBC
New Delhi, April 16: The RBI has already embarked on a rate cutting cycle, and a report by HSBC Global Research said on Wednesday that it expects a 25bp rate cut in each of the June and August policy meetings, taking the repo rate down to 5.5 per cent this fiscal (FY26).
India's CPI inflation to average 4.3 pc this fiscal: Crisil
New Delhi, April 16: A Crisil report on Wednesday projected India's CPI inflation to average 4.3 per cent this fiscal (FY26) -- with food, fuel and core inflation at 4.6 per cent, 2.5 per cent and 4.2 per cent, respectively.
RBI may cut rates by 50 bps in June and August, says SBI Research
New Delhi, April 16: As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis points is possible in June and August, said a report by SBI Research.
India one of preferred markets with resilient macro conditions: Morgan Stanley
New Delhi, April 16: A Morgan Stanley report on Wednesday said that India is one of their preferred equity markets where macro conditions are resilient or sufficiently buffered by stimulus.
Retail inflation in March fell to 3.34 per cent, food inflation declined to 2.69 %
New Delhi, April 15: Retail inflation in the month of March fell to 3.34 per cent from 3.61 in February, according to the official data released by the Ministry of Statistics & Programme Implementation.
Continuous CPI inflation softening to boost private final consumption expenditure
New Delhi, April 15: The softening of CPI inflation will boost India’s private final consumption expenditure, the largest component of the GDP, industry leaders said on Tuesday.
Sensex to touch 82,000 by December 2025, Morgan Stanley lowers earlier target of 93,000
New Delhi, April 15: Global brokerage firm Morgan Stanley has revised its target for India's benchmark stock index, BSE Sensex, lowering it from 93,000 to 82,000 for December 2025.
India's retail inflation falls to 3.34 per cent in March, lowest level since August 2019
New Delhi, April 15: India's annual inflation rate, based on the Consumer Price Index (CPI), declined to 3.34 per cent in March this year, compared to the same month of the previous year, the lowest level since August 2019, according to figures released by the Ministry of Statistics on Tuesday.
Bank credit growth in India to rise to 12-13 pc in FY26: Report
Mumbai, April 15: Bank credit in India is expected to grow by 12-13 per cent in the current financial year, rising 100-200 basis points (bps) compared to the 11.0-11.5 per cent estimated for the previous fiscal, a new report said on Tuesday.
India's WPI inflation declines to 2.05 pc in March
New Delhi, April 15: India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to 2.05 per cent in March, down from 2.38 per cent in February, according to data released by the Ministry of Commerce and Industry on Tuesday.
RBI set for deeper easing cycle, Sensex at 82,000 by Dec: Morgan Stanley
New Delhi, April 15: Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan Stanley report said on Tuesday, pegging India's GDP growth at 6.1 per cent for FY26 amid global uncertainties.
Hemant Mudappa beats world champion Ricky Gadson at Aamby Valley
Aamby Valley, April 14: Fifteen-time national champion Hemanth Muddappa of Mantra Racing outgunned 13-time world champion Ricky Gadson from the USA at The Valley Run 2025, clocking a blistering 9.477 seconds astride a BMW S1000rr, at the Aamby Valley strip here. It was the fastest time of the mega event.
Hemant Mudappa beats World champion Ricky Gadson at Aamby Valley
Aamby Valley, April 14: Fifteen-time national champion Hemanth Muddappa of Mantra Racing outgunned 13-time world champion Ricky Gadson from the USA at The Valley Run 2025, clocking a blistering 9.477 seconds astride a BMW S1000rr, at the Aamby Valley strip here. It was the fastest time of the mega event.
Crisil projects 6.5 pc GDP growth for India in fiscal 2026 amid US tariffs
New Delhi, April 14: While US tariff hikes remain a key risk to growth forecast, global credit rating agency Crisil on Monday projected 6.5 per cent GDP growth for India in fiscal 2026, with risks tilted to the downside.
Banks want power to freeze mule accounts to stop cyber fraud: Report
New Delhi, April 13: Banks have asked for the power to freeze bank accounts being used for cyber frauds without waiting for court or police approval, according to a report by a working group set up by the Indian Banks' Association (IBA).
US tariffs on low value Chinese e-commerce shipments opens doors for Indian exporters: GTRI
New Delhi, April 13: The US crackdown on low-value Chinese e-commerce shipments has opened a rare and potentially lucrative window for Indian exporters, said GTRI in a report.
India's forex reserves rise to USD 676 billion, fifth straight week jump
New Delhi, April 12: India's foreign exchange reserves rose USD 10.872 billion to USD 676.26 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
RBI to buy govt bonds worth Rs 40,000 crore on April 17
Mumbai, April 11: The Reserve Bank of India (RBI) on Friday announced that it will conduct an Open Market Operation (OMO) purchase of government bonds worth Rs 40,000 crore on April 17.
India's forex reserves surge to $676.3 billion
Mumbai, April 11: India's foreign exchange reserves surged by $10.8 billion to $676.3 billion during the week ended April 4, according to data released by the Reserve Bank of India on Friday.
Actor Matt Bomer on why he chose Bradley Cooper's 'Maestro' over Greta Gerwig's 'Barbie'
Washington DC, April 11: Actor Matt Bomer revealed that he decided to step away from the role of Ken in Greta Gerwig's Barbie because he wanted to spend more time with Bradley Cooper's 'Maestro', Variety reported.
Bosch banned from PSL for one year after withdrawing to join IPL's Mumbai Indians
Lahore, April 10: The Pakistan Cricket Board (PCB) has imposed a one-year ban on South African all-rounder Corbin Bosch from participating in the Pakistan Super League (PSL). The decision, announced on Thursday, comes after Bosch unilaterally ended his contract with Peshawar Zalmi to join Indian Premier League (IPL) franchise Mumbai Indians as a replacement player.
Corbin Bosch suspended from Pakistan Super League for one year for pulling out of 2025 season
New Delhi April 11: The Pakistan Cricket Board (PCB) has suspended South Africa allrounder Corbin Bosch from the Pakistan Super League (PSL) for one year as a consequence for pulling out of this year's tournament after being selected at the draft.
John Abraham has clocked 305 kmph on his latest 1100cc bike
Mumbai, April 10: Bollywood actor John Abraham stunned the cinegoers in 2004 when he clocked 300 kmph on his Hayabusa in ‘Dhoom’ almost 20 years ago. However, the thrilling speed was for the screen as he was chased by Abhishek Bachchan and Uday Chopra in the film.
CIBIL score row: Madras HC disallows arbitration without exhausting credit information dispute remedies
Chennai, April 10: The Madras High Court has ruled that borrowers cannot invoke arbitration proceedings to address disputes related to the non-updating of their credit history by companies like TransUnion CIBIL Limited without first utilising the alternative remedies prescribed under the Credit Information Companies (Regulation) Act, 2005.
Bank of Baroda passes on RBI rate cut to retail and MSME customers
Mumbai, April 10: The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India's (RBI) policy rate cut to its customers.
RBI's policy stance turning accommodative shows signs of easing: SBI Report
Mumbai, April 10: The Reserve Bank of India (RBI) has taken a more accommodative stance in its monetary policy, as inflation expectations have shown signs of easing.