Reserve Bank of India Archives - Page 2 of 21

CEA Dr. Anantha Nageswaran eloquently distinguished between digitization and deregulation, emphasizing that digitization does not necessarily imply deregulation

Deregulation begins at home

Shanmuganathan Nagasundaram - February 18, 2025 0

CEA Anantha Nageswaran advocates for Deregulation Our CEA, Dr. Anantha Nageswaran, has made a dispassionate plea for Deregulation. He was eloquent enough to distinguish between...

The RBI's economic outlook for FY26 remains optimistic, with GDP growth expected at 6.7% and inflation projected to moderate to 4.2%

Finance

RBI projects 6.7% GDP growth for FY26, cuts repo rate by...

PGurus Newsdesk - February 7, 2025 0

RBI predicts GDP growth at 6.7% in next fiscal year The Reserve Bank of India (RBI) has projected India's real GDP growth at 6.7% for...

The domestic currency breached the 87 level against the US dollar as it depreciated 55 paise to settle at a fresh all-time low of 87.17 (provisional) against the greenback

Finance

Rupee falls 55 paise to breach 87 level against USD as...

Team PGurus - February 3, 2025 1

Rupee breaches 87 level and hits record-low against US Dollar The Indian Rupee plunged 55 paise to close at an all-time low of 87.17 (provisional)...

The federal agency conducted raids at 10 locations across seven states and Union territories, including Delhi, Jharkhand, Punjab, Madhya Pradesh, Gujarat, Tamil Nadu, and Rajasthan

Fraud

CBI busts Rs.350 crore countrywide crypto Ponzi scam

Team PGurus - January 24, 2025 1

CBI books seven people in cryptocurrency Ponzi scheme case The Central Bureau of Investigation (CBI) has conducted search operations across seven locations after registering a...

Threatening email was received on the official website of the Reserve Bank of India

Law and Order

RBI gets bomb threat via email in Russian language, investigation underway

PGurus Newsdesk - December 13, 2024 0

Bomb threats target RBI The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, prompting the police to file a...

New RBI Governor Sanjay Malhotra will have to balance growth challenges with high inflation and face pressure to cut rates at the next MPC meeting in February

Finance

Sanjay Malhotra appointed as new RBI Governor, succeeding Shaktikanta Das

PGurus Newsdesk - December 9, 2024 1

Revenue Secretary Sanjay Malhotra appointed a new RBI Governor as Shaktikanta Das’ term ends The Appointments Committee of the Cabinet has appointed Sanjay Malhotra, a...

The decision followed a 4-2 vote by the MPC after evaluating the current macroeconomic conditions

Economy

RBI maintains repo rate at 6.5%, announces gradual reduction in Cash...

PGurus Newsdesk - December 6, 2024 0

RBI cuts cash reserve ratio by 50 bps to 4% to address liquidity woes The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led...

The finance ministry’s recent economic review expressed a cautiously optimistic outlook, noting that India’s agricultural sector is likely to benefit from favorable monsoon conditions and higher minimum support prices

Economy

India reports 5.4% GDP growth in Q2, retains position as fastest-growing...

PGurus Newsdesk - November 29, 2024 1

India remains the fastest-growing major economy India's economy grew by 5.4% in the second quarter (July-September) of the 2024-25 financial year, according to data released...

India’s port capacity has more than doubled, from 745 million tonnes to over 1,600 million tonnes

Commerce

India’s export outlook brightens as market share grows in key sectors,...

PGurus Newsdesk - November 21, 2024 0

A positive outlook for India’s exports India’s export performance is showing signs of improvement, with the country steadily increasing its share in global trade across...