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The Latest Breaking News from RBI

Monetary policy committee meet: RBI moving closer to rate cut

India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and growth in the world’s fastest-expanding major economy moderates.

The Times of India

Inflation framework without food, China conundrum: 10 takeaways from the economic survey

From a cautious growth projection, to the need for stability amid global headwinds and geopolitical risk, to an onus on the private sector to boost employment, the Economic Survey 2024 presented in Parliament on Monday by Union finance minister Nirmala Sitharaman had several key points.

Newslaundry

The Evolution of Citizenship by Investment Programs

The evolution of CBI programs has reflected changing global trends and the diverse needs of individuals seeking secondary citizenship.

Kiplinger

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RBI appoints Arnab Kumar Chowdhury as Executive Director

The Reserve Bank of India (RBI) on Monday announced that it has appointed Arnab Kumar Chowdhury as Executive Director (ED) with effect from June 3, 2024. Read further on Dynamite News:

Dynamite News

Repo rate unchanged at 6.5 per cent: RBI Governor Shaktikanta Das unveils monetary policy

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent. Read further on Dynamite News:

Dynamite News

'India on cusp of long-awaited economic take-off': RBI bulletin

India is poised for a long-awaited economic take-off, driven by rising aggregate demand and increased non-food spending in the rural economy, according to the Reserve Bank of India's May Bulletin released on Tuesday.

The Times of India

Ensure gold loans are repaid and not renewed, banks tell branches

Get insights on gold loans, interest rates, repayment options, and RBI regulations for borrowers and banks.

The Hindu

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India's ambitious 2nd Mars mission to include a rover, helicopter, sky crane and a supersonic parachute

India's second mission to Mars will include a rover, helicopter, sky crane and a supersonic parachute, according to media reports.

Space

SC issues notice on guidelines for Digital KYC process for acid attack survivors

The SC on Friday issued notice to the Centre and others on a plea seeking direction to authorities to frame appropriate guidelines providing for alternative methods to conduct the Digital KYC process for acid attack survivors suffering with permanent eye-disfigurement or eye-burns. SC said it is an important issue. Read…

Dynamite News

International Investment Opportunities Through Immigration Investment

CBI programs have much to offer astute investors, including access to markets with strong fundamentals and potential for capital protection, income and appreciation.

Kiplinger

MHA alerts against 'blackmail', 'digital arrest' by cyber criminals posing govt agency officers

The Ministry of Home Affairs (MHA) on Tuesday issued a warning about cyber criminals who are engaged in 'blackmail' and 'digital arrest' while impersonating as officers from government agencies like NCB, CBI, RBI and other Law Enforcement Agencies as well as state and Union Territory Police. Read further on Dynamite…

Dynamite News

Congress targets PM Modi over ‘drain of wealth’, crony capitalism

The Congress party stepped up its counter-attack on the BJP and Mr. Modi over the issue of crony capitalism.

The Hindu

RBI officer loses ₹24.5 lakh to courier scam

RBI officer loses ₹24.5 lakh in courier scam; police investigating case of cheating and impersonation.

The Hindu

Telangana Govt to raise ₹3,000 crore market borrowings on May 7 to fulfil financial commitments

Telangana Government to raise ₹3,000 crore through auction of securities from RBI for Rythu Bandhu payments.

The Hindu

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The Hindu

Towards a green growth: On the RBI and a green taxonomy

The effort should be to mitigate the transitional risks to the financial system as the economy moves towards a sustainable future

The Hindu

Madras High Court refuses to interfere with merger of Lakshmi Vilas Bank with DBS India

Madras High Court refuses to interfere with RBI's decision to amalgamate Lakshmi Vilas Bank with DBS Bank India.

The Hindu

RBI imposes business curbs on Kotak Bank for IT infra deficiency

RBI directs Kotak Mahindra Bank to stop new customer onboarding and credit card issuance due to IT compliance issues.

Dynamite News

RBI Issues Master Direction for Asset Reconstruction Companies

The Reserve Bank of India (RBI) has issued Master Direction to the Asset Reconstruction Companies. Read further on Dynamite News:

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The Hindu

Role played by India during G-20 presidency appreciated at IMF and WB meeting: Seth

“There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues,” Ajay Seth said.

The Hindu

India not reaping benefits of democratic dividend: Raghuram Rajan

Former RBI governor Raghuram Rajan emphasizes the need to improve human capital and job creation in India.

The Hindu

Fleeting relief: On slide in retail inflation

Inflation, as measured by the Consumer Food Price Index, has averaged an alarming 8% through 2023-24

The Hindu

Reserve Bank rejects TMB’s list of MD, CEO candidates

RBI rejects TMB's CEO candidate, demands new panel with suitable experience, current CEO to continue till replacement found.

The Hindu

India's GDP to grow 6.1% in 2024: Moody's Analytics

Moody's Analytics projects India's economy to grow 6.1% in 2024, lower than 7.7% in 2023, due to COVID impact.

The Hindu

Wayward elephant: On the RBI’s rate decision

Price stability can and must be non-negotiable

The Hindu

RBI Monetary Policy | Soon, deposit cash using UPI

RBI proposes cash deposit via UPI, enhancing convenience and flexibility for customers through third-party applications.

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