The Latest Breaking News from RBI

RBI holds rates, vows to keep price stability

The Reserve Bank on June 8 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50% and retained the GDP growth projection for current fiscal year at 6.5%, on the back of supportive domestic demand conditions.

The Hindu · Jun 8, 2023

Supreme Court seeks report from Registry on urgent listing of plea challenging RBI decision on ₹2,000 note exchange

The Supreme Court on June 7 sought a report from its registry on the issue of urgent listing of a plea challenging the notifications enabling the exchange of ₹2,000 currency notes without any requisition slip and ID proof.

The Hindu · Jun 7, 2023

Private investments to move from promise to delivery this year: CII chief

The CII chief indicated the need for India to review its stance on import tariffs to attract more investments

The Hindu · Jun 4, 2023

Delhi HC reserves order on plea against withdrawal of ₹2,000 currency banknotes

The petitioner submitted that the Reserve Bank of India cannot withdraw from circulation or discontinue banknotes and only the Central Government is vested with such powers

The Hindu · May 30, 2023

Delhi HC dismisses plea challenging decision over ₹2,000 banknote exchange

The Delhi High Court on May 29 dismissed a plea challenging notifications enabling exchange of ₹2,000 currency notes without any requisition slip and ID proof.

The Hindu · May 29, 2023

Morning Digest | Recep Tayyip Erdogan wins historic Turkey runoff vote; IPL 2023 final moved to reserved day due to persistent rains, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu · May 29, 2023

Fuel outlets in T.N. to accept ₹2,000 notes till RBI deadline

The Tamil Nadu Petroleum Dealers Association (TNPDA) has urged customers not to believe messages on social media that fuel outlets are accepting ₹2,000 denomination notes only if motorists refuel for that value

The Hindu · May 28, 2023

Indian economy to surpass 7 per cent growth in FY 23: SBI research report

The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India. Read further on Dynamite News

Dynamite News · May 26, 2023

Indian economy to surpass 7% growth in FY 23: SBI research report

NEW DELHI: The Indian economy is on track to surpass 7 per cent growth rate in Fiscal Year 2023 with manufacturing being the key driver, according to a report released by the State Bank of India.

The Times of India · May 26, 2023

Fuel dealers in Punjab says facing ‘difficult situation’ similar to 2016 due to withdrawal of ₹2000

After the Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 banknotes from circulation in pursuance of its ‘Clean Note Policy’, the fuel dealers in Punjab on Thursday said they were facing a “difficult situation” similar to the year 2016, when demonetisation was implemented.

The Hindu · May 25, 2023