The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters, who have kept their views largely ...

Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on ...

The Nifty FMCG index closed the session with a 3% gain, while the Nifty Consumer Durables and Nifty Auto indices also advanced, rising by 3% and 1.2%, respectively. The Union Budg ...

The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.

India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.

The Reserve Bank of India (RBI) has levied penalties on Equitas Small Finance Bank and India Post Payments Bank for failing to meet regulatory compliance standards. A fine of Rs 65 lakh was imposed on ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The Reserve Bank of India (RBI) imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for regulatory ...

The sudden RBI move came a couple of months after Aviom's auditor flagged potential discrepancies in the company's books ...

The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...

Vikash Kumar Jain, India Strategist at CLSA, is overweight on staples and commodities, underweight on industrials, IT, and ...