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Why MPC held interest rates in June policy

New Delhi, June 19 -- The rate-setting panel of India's central bank decided to keep interest rates on hold on the back of uncertainty over the West Asia conflict, with governor Sanjay Malhotra saying... Read More


Watchful and wary: Inside MPC's unanimous decision to hold rates

New Delhi, June 19 -- The Reserve Bank of India India's (RBI) rate-setting panel decided to keep interest rates on hold at its last meeting on the back of uncertainty over the West Asia conflict, with... Read More


RBI issues final rules for sale of financial products, effective January

Mumbai, June 15 -- The Reserve Bank of India (RBI) on Monday issued final guidelines for the sale of financial products by banks and non-bank lenders, effective January. In its draft guidelines in Fe... Read More


US-Iran truce makes life easier for India's MPC, just a tad

New Delhi, June 15 -- The decision by the US and Iran to halt the war is likely to give the six-member committee that sets India's interest rates some breathing room, easing concerns over oil-led infl... Read More


Indian firms pivoting to premium products for US, EU growth: Citi's Ghiawadwala

MUMBAI, June 10 -- Indian companies are increasingly moving up the value chain, focusing on higher-end and better-quality products as they look to expand into markets such as the European Union and th... Read More


Indian firms pivot to premium products for US, EU growth: Citi's Ghiawadwala

MUMBAI, June 10 -- Indian companies are increasingly moving up the value chain, focusing on higher-end and better-quality products as they look to expand into markets such as the European Union and th... Read More


India posts current accountof 0.7% in March quarter

Mumbai, June 9 -- India reported a current account surplus of 0.7% of gross domestic product (GDP) in the March quarter of FY26, down from 1.4% a year earlier, according to Reserve Bank of India (RBI)... Read More


India posts current accountsurplus of 0.7% in March qtr

Mumbai, June 9 -- India reported a current account surplus of 0.7% of gross domestic product (GDP) in the March quarter of FY26, down from 1.4% a year earlier, according to Reserve Bank of India (RBI)... Read More


India posts 0.7% current account surplus in March quarter

MUMBAI, June 8 -- India reported a current account surplus of 0.7% of gross domestic product (GDP) in the March quarter of FY26, down from 1.4% a year earlier, according to Reserve Bank of India (RBI)... Read More


KPMG forensic review says IDFC First Bank Chandigarh fraud an isolated incident

MUMBAI, June 6 -- Private sector lender IDFC First Bank said a forensic review by KPMG found that the Rs.646 crore fraud uncovered at its Chandigarh branch earlier this year was an isolated incident i... Read More