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no target price or band, says RBI amid rupee slip

nEW DELHI, Feb. 8 -- RBI governor Sanjay Malhotra on Friday said the central bank doesn't have a target price or even band for the rupee, and that its policy remains the same. "...the Reserve Bank's e... Read More


RS member Sandhu moves bill to grant personhood to rivers

Chandigarh, Feb. 8 -- Aimed primarily at conservation of rivers in the country, a private member bill, Recognition of Legal Person Status of Rivers Bill - 2024, was moved by Rajya Sabha member Satnam ... Read More


Adani donates Rs.10K-cr to celebrate son's wedding

India, Feb. 8 -- Breaking away from the billionaire wedding norm, Gautam Adani, chairman of the Adani Group and one of the world's richest men, chose to go with simplicity as his son Jeet Adani tied t... Read More


HC stays bank order deeming RCom loan a/c as fraudulent

MUMBAI, Feb. 8 -- The Bombay high court on Friday stayed a Canara Bank order passed in November 2024 classifying the loan account of Anil Ambani's now defunct Reliance Communications (RCom) as fraudul... Read More


Lower EMIs soon? What the RBI decision will mean for borrowers

Mumbai, Feb. 8 -- The Reserve Bank of India's (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy (repo) rate to 6.25%. The first rate... Read More


no target price or band, says RBI amid rupee slip

nEW DELHI, Feb. 8 -- RBI governor Sanjay Malhotra on Friday said the central bank doesn't have a target price or even band for the rupee, and that its policy remains the same. "...the Reserve Bank's e... Read More


RBI cuts key policy rate for first time in 5 years

New Delhi, Feb. 8 -- New Delhi Corporate and retail loans (including home loans) will get cheaper as the Reserve Bank of India's Monetary Policy Committee (MPC) pivoted its policy by cutting the polic... Read More


RBI cuts key policy rate for first time in 5 years

New Delhi, Feb. 8 -- New Delhi Corporate and retail loans (including home loans) will get cheaper as the Reserve Bank of India's Monetary Policy Committee (MPC) pivoted its policy by cutting the polic... Read More


HC relief for RCom in 'fraud' case

MUMBAI, Feb. 8 -- The Bombay high court on Friday stayed a Canara Bank order passed in November 2024 classifying the loan account of industrialist Anil Ambani's now defunct Reliance Communications (RC... Read More


RBI rate cut: What it means for retail borrowers, banks

Mumbai, Feb. 8 -- The Reserve Bank of India's (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. This is the fir... Read More