To offset a drop in income tax revenues because of the cuts announced in the Union Budget, the Central government expects the Reserve Bank of India (RBI) and public-owned financial institutions to ...

Hope for the higher dividend has emerged after the RBI has sold dollars heavily in market worth USD 195.568 billion between April and November 2024.

Gross non-performing assets (NPAs) in the Indian banking system has touched a 12-year low. It has now reached a value of 2.6% ...

Banks will be open today, February 1, despite upcoming holidays in February due to various festivals. Finance Minister ...

Bank Holidays in February 2025: Banks across India remain closed on the second and fourth Saturdays of each month along with ...

RBI may declare a surplus to the Government for FY25 through dollar sales and overseas investments, experts suggest.

The finance minister announced steps to tackle slowing growth, rising prices and low middle-class consumption.

During the week, as many as 30 Indian startups raised around $240.85 million in funding. These deals include 5 growth-stage ...

India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.

The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...

The Reserve Bank of India (RBI) has levied penalties on Equitas Small Finance Bank and India Post Payments Bank for failing to meet regulatory compliance standards. A fine of Rs 65 lakh was imposed on ...

The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...