The Latest Breaking News from Reserve Bank

RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economy

India's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bulletin said. Crude oil prices have sharply increased due to escalating conflicts in West Asia, prompting concerns over inflation. The Reserve Bank indicates a strong GDP growth in the first quarter of 2026-27, with…

The Economic Times · 5h ago

Card surcharges are banned from October 1. What’s changing at the checkout?

From October 1 this year, businesses will be banned from adding a surcharge when customers pay with a debit, credit, EFTPOS or prepaid card.

The Conversation · Sep 24

Light shone on Reserve Bank's gloomy economic outlook

Treasury's productivity assumption has been described as "unrealistically optimistic" but the Reserve Bank's might be too downbeat, an economist says.

AAP · Sep 24

Iran and iPhones add to Reserve Bank's inflation pickle

Reserve Bank assistant governor Sarah Hunter says the broader global economic environment could be more inflationary as a result of the AI boom.

AAP · Sep 14

Rupee falls 27 paise to 95.79 against US dollar in early trade

The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent foreign portfolio withdrawals. Despite having substantial foreign exchange reserves and support from the RBI, the currency remains under pressure. Increasing global yields and expensive oil are further complicating…

The Economic Times · Sep 11

Yes, it’s the economy, stupid. But One Nation is outflanking the government on messaging, too

Labor is no doubt dreading the likelihood of further interest rate rises, despite Treasurer Jim Chalmers talking up the economy.

The Conversation · Sep 11

Aussie shares wobble, oil price keeps traders on edge

Geopolitical risks and a soft local economic outlook continue to weigh heavily on investor sentiment, particularly on banks and retail stocks.

AAP · Sep 9

Australians are 'furious' about inflation: RBA deputy

The Reserve Bank's deputy governor Andrew Hauser says Australians are fed up with higher living costs, and want inflation to be brought under control.

AAP · Sep 8

RBI faces about $11 billion bill on foreign deposits plan

India's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial costs for the Reserve Bank of India. The RBI agreed to shield banks from currency risks on these foreign deposits. These operations could cost up to 1.2 trillion rupees over five years. The central…

The Economic Times · Sep 3

Grattan on Friday: economic life won’t get much better until Australians climb that productivity mountain

Treasurer Jim Chalmers would have sighed with relief at this week’s economic growth figures. Despite some preview talk of possible stagnation, we saw modest growth of 2.1% in the year to the end of June.

The Conversation · Sep 3