Category: Politics

The Reserve Bank of India‘s rate-setting committee on Wednesday announced several measures to aid exporters’ business to help overcome challenges posed by the imposition of 50% by the Trump administration on Indian shipments. The host of measures includes reduced paperwork and compliance burden for small exporters and importers. “The export sector is a vital part of […]

The Reserve Bank of India (RBI) on Wednesday proposed four key measures aimed at enhancing the resilience and competitiveness of India’s banking sector, with risk-based deposit insurance premiums taking centre stage. Risk-based deposit insurance premium: Under the new proposal, banks will move from the current flat-rate deposit insurance premium to a risk-based system, where better-rated banks […]

The Monetary Policy Commitee, headed by Reserve Bank of India (RBI) governor Sanjay Malhotra, has announced a series of steps aimed at easing rules for Non-Resident Indians (NRIs) and widening the role of the Indian Rupee in global trade. The measures cover foreign exchange management, trade-linked transactions, remittance flows, and investm ent opportunities. Also Read| RBI […]

Mumbai, In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade. Observing that India has been making steady progress in the use of the […]

In its monetary policy announcement, the Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday unveiled a slew of measures aimed at strengthening the flow of credit in the economy, easing compliance for businesses, and simplifying foreign exchange management regulations. “These measures are designed to expand credit opportunities for corporations, ease financing costs for infrastructure, […]

The Reserve Bank of India (RBI) on Wednesday decided to keep the key policy repo rate unchanged at 5.50 percent, marking the second pause in the ongoing rate cycle following the first pause in August. Earlier this year, the central bank had delivered a cumulative 100 basis point cut. The Monetary Policy Committee (MPC), headed by […]

The U.S. lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the U.S. Senate and President Donald Trump threatened to extend his purge of the federal workforce. The 55-to-45 vote in the Senate, falling short of the 60 votes needed to advance the legislation, all but […]

The Reserve Bank of India’s repo rate decision on Wednesday will likely be a close call, with Monetary Policy Committee (MPC) members facing multiple reasons to lower borrowing costs as inflation stays low and economic growth takes a knock from high US tariffs, as per a Bloomberg report. While a majority of economists — 24 of […]

Mumbai, The shares of media and entertainment companies like Prime Focus Limited and PVR Inox Limited fell up to 5 per cent during the intra-day trade on Tuesday after US President Donald Trump announced imposing a 100 per cent tariff on movies made outside the United States. The move will likely impact Indian companies that export […]

The Reserve Bank of India (RBI) on Monday announced a series of regulatory amendments aimed at faster transmission of policy rates, easing gold loan norms and relaxing norms of large credit exposures. Three of the seven changes will take effect from October 1, while the remaining four have been released as draft proposals for public feedback. […]