RBI cuts repo rate to 5.5% amid cooling inflation, announces phased CRR reduction

In a calibrated move, the RBI on Thursday cut the repo rate by 50 bps to 5.5%, revised FY26 inflation to 3.7%, retained GDP at 6.5%, and announced a p...

CFOs see pick up in investment cycle after RBI's surprise interest rate cut

The Chief Financial Officers (CFOs) said the decision is set to push consumption across sectors, which in turn boosts demand that gives confidence to...

RBI has done all it can to stimulate growth

The RBI Governor Sanjay Malhotra wants to assure certainty when the world economy is uncertain. We believe in actions and not just making announcem...

India's forex reserves cover 96% of External Debt, fund 11% of Import Goods: RBI Governor

At the RBI's 55th Monetary Policy Committee (MPC) meeting, Governor Sanjay Malhotra stated that India's external sector remains resilient despite a ...

ICAI issues draft norms for overseas networking of CA firms

"These guidelines are meant to promote networking amongst one or more chartered accountant firm (s) registered with ICAI with networks or entities ...

RBI says fraud-hit IndusInd Bank doing well now

RBI Governor Sanjay Malhotra stated that IndusInd Bank is recovering well after facing challenges, including accounting lapses. He considers the MD an...

Crypto trading in India: Could hamper financial stability, says RBI gov; no new Bill yet

The Reserve Bank of India has reiterated its concerns regarding cryptocurrencies, emphasizing their potential to destabilize financial stability and m...

New stats register soon to help gauge business outlook

The ministry of statistics and programme implementation (MoSPI) will use the SBR to prepare business outlook/sentiment surveys, people aware of the de...

RBI cuts CRR by 100 bps to 3% to infuse Rs 2.5 Lakh Cr liquidity

The Reserve Bank of India (RBI) on Friday cut the Cash Reserve Ratio (CRR) by 100 basis points to 3 per cent, to be implemented in four tranches of 25...

Goldman funds $600 million equity for Coca-Cola India unit sale

Goldman Sachs Asset Management has provided $600 million to Jubilant Bhartia Group through convertible preference shares, aiding their $1.5 billion ac...

Infosys gets relief as DGGI closes Rs 32,403 crore GST notice

Infosys has received closure from the DGGI on a GST demand notice of over Rs 30,000 crore, related to reverse-charge payments for services from overse...

RBI projects 6.5% GDP growth for FY26 amid rural, investment boost

The real GDP growth for 2025-26 is projected at 6.5 per cent with Q1 at 6.5, Q2 at 6.7, Q3 at 6.6 and Q4 at 6.3 per cent.

RBI sees retail inflation dropping below tolerance band to 3.7% in FY26 on softening food prices

The Consumer Price Index (CPI) inflation for the financial year 2025-26 is projected at 3.7 per cent, with Q1 at 2.9 per cent; Q2 at 3.4 per cent; Q3 ...