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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
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Ex RBI Governor Shaktikanta Das Appointed Principal Secretary To PM
Former Reserve Bank of India Governor Shaktikanta Das has been appointed Principal Secretary to Prime Minister Narendra Modi, a government notification said today.
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Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
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India's Inflation Likely To Stabilize Around 4.3 - 4.7% In FY26: Report
The central government has given the RBI the target to maintain inflation between 2 to 6 per cent band.
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Revenue Secretary Sanjay Malhotra Appointed New RBI Governor
Revenue Secretary Sanjay Malhotra has been appointed Governor of the Reserve Bank of India (RBI). He will take charge from Wednesday for three years, the government said in a statement.
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Fact Check: Deepfake Shared As N Sitharaman, RBI Chief Endorsing Investment Project
A video featuring Indian Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das promoting the Government's 'income-generating platform' is being widely shared on social media.
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Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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Are Banks Closed For Eid-e-Milad, Ganesh Visarjan Next Week? Details Inside
"Bank Holiday for Eid-e-Milad, Ganesh Visarjan: The RBI and the Maharashtra government have moved the Eid-e-Milad holiday to September 18.
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RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
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Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
-
Ex RBI Governor Shaktikanta Das Appointed Principal Secretary To PM
Former Reserve Bank of India Governor Shaktikanta Das has been appointed Principal Secretary to Prime Minister Narendra Modi, a government notification said today.
-
Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
-
India's Inflation Likely To Stabilize Around 4.3 - 4.7% In FY26: Report
The central government has given the RBI the target to maintain inflation between 2 to 6 per cent band.
-
Revenue Secretary Sanjay Malhotra Appointed New RBI Governor
Revenue Secretary Sanjay Malhotra has been appointed Governor of the Reserve Bank of India (RBI). He will take charge from Wednesday for three years, the government said in a statement.
-
Fact Check: Deepfake Shared As N Sitharaman, RBI Chief Endorsing Investment Project
A video featuring Indian Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das promoting the Government's 'income-generating platform' is being widely shared on social media.
-
Retail Inflation Rises To 6.21% In October, Compared To 5.49% In September
Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to government data released today.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
Are Banks Closed For Eid-e-Milad, Ganesh Visarjan Next Week? Details Inside
"Bank Holiday for Eid-e-Milad, Ganesh Visarjan: The RBI and the Maharashtra government have moved the Eid-e-Milad holiday to September 18.
-
RBI Governor On Two Factors That Pulled GDP Growth Rate Down
The slowing of India's economic growth to a 15-month low of 6.7 per cent in the April-June quarter was due to "lower" government spending in the wake of the enforcement of the model code of conduct for the Lok Sabha polls, RBI Governor said.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
-
Foreign Banks Bought Nearly $1 Billion Of Indian Bonds On Thursday: Report
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from Clearing Corp of India showed.
