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RBI may opt for status quo on rates

RBI may opt for status quo on rates

Mumbai : The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged in its next monetary policy review on Wednesday, in view of the consumer price index (CPI) inflation in August shooting up to 3.36 ...

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India’s forex reserves rise to nearly $400 bn

India’s forex reserves rise to nearly $400 bn

Mumbai : Continuing a recent trend, Indian foreign exchange reserves shot up by a massive $3.572 billion to touch a high of $398.122 billion for the week ended September 1, Reserve Bank of India (RBI) data showed on Friday. The ...

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Will Modi bow to RSS on Raghuram Rajan?

Will Modi bow to RSS on Raghuram Rajan?

By Amulya Ganguli, In addition to the NGOs, including the one run by Teesta Setalvad, the saffron brotherhood’s new target is a formidable one – Reserve Bank of India (RBI) Governor Raghuram Rajan. Till now, the Hindutva camp hadn’t trained ...

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37 percent of Indian corporate debt a risk: RBI

37 percent of Indian corporate debt a risk: RBI

Mumbai:(IANS) Nearly 37 percent of the debt to corporate sector in India is a risk, said Reserve Bank of India (RBI) Deputy Governor S.S.Mundra on Wednesday citing a report by International Monetary Fund (IMF). “Major concern in the global arena ...

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