The Latest Breaking News from RBI

Government further reduces wheat auction prices to check inflation

NEW DELHI: The department of food and public distribution (DFPD) has decided to further reduce the reserve price for wheat up to March 31.

The Times of India · Feb 17, 2023

India may consider tax cuts on fuel, maize to cool inflation: Report

NEW DELHI: India's retail inflation based on consumer price index (CPI) jumped to a 3-month high of 6.52% in January, making it necessary for the government to step and tame the rise.

The Times of India · Feb 15, 2023

HDFC Bank begins offline payment pilot under RBI sandbox

MUMBAI: The country's largest private sector lender HDFC Bank on Monday said it is attempting to execute digital payments in an offline mode under a regulatory facility to test innovations.

The Times of India · Feb 13, 2023

Daily Dose Ep 1272: PM hits out at Opposition, BJP MP’s move against Rahul Gandhi

Saeeduzzaman brings you the news from Parliament, Supreme Court, RBI, Turkey, and Syria. 

Newslaundry · Feb 8, 2023

Consumer confidence improves further in January; future expectations at 2-year high: RBI survey

NEW DELHI: Consumer confidence showed further improvement for both current period as well as for the year ahead, a survey by Reserve Bank of India (RBI) showed on Wednesday.

The Times of India · Feb 8, 2023

Digital currency has 50,000 users, 5,000 merchants: RBI

MUMBAI: The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday.

The Times of India · Feb 8, 2023

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The Times of India · Feb 8, 2023

RBI Proposes UPI Payments Facility For Inbound Travellers

Taking into account the popularity of the UPI payment system, the Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country. Read further on Dynamite News:

Dynamite News · Feb 8, 2023

RBI MPC Raises Repo Rate By 25 BPS To 6.5 pc

The Monetary Policy Committee (MPC) of the Reserve Bank of India decided to raise the key benchmark interest rate by 25 basis points to 6.5 per cent on Wednesday. Read further on Dynamite News:

Dynamite News · Feb 8, 2023

Sensex, Nifty decline for 2nd day on selling in FMCG, steel stocks

MUMBAI: Benchmark equity indices sensex and Nifty closed lower for a second straight day on Tuesday due to selling in FMCG, metal and auto shares ahead of the RBI monetary policy.

The Times of India · Feb 7, 2023