Economy

New Delhi: Elon Musk-run electric car maker Tesla is all set to inaugurate its second showroom in India -- in Delhi on August 11 -- after it opened the Mumbai showroom last month. In a post on social media platform X, Tesla posted,…
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New Delhi: Imposition of 25 per cent penalty on goods trade with India, with a proposition of additional 25 per cent on the world’s largest democracy, can be a bad policy decision for the US and its people, an SBI Research report said on…
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Mumbai:  SEBI Chairman Tuhin Kanta Pandey on Wednesday termed media reports about curbing weekly expiries as "speculative". "I am not aware of any such communication. Media reports are speculative, what we have been saying is out in the…
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Mumbai: Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that the US tariff hike will not have any major impact on the Indian economy unless there is a retaliatory tariff. Speaking at a press conference after the monetary…
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New Delhi:  RBI Governor Sanjay Malhotra announced on Wednesday that a large number of Pradhan Mantri Jan Dhan Yojana accounts have become due for re-KYC (Know Your Customer) updates, as the government's flagship financial inclusion scheme…
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New Delhi:  The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5 per cent, while sticking to the “neutral” monetary policy stance, RBI Governor Sanjay Malhotra said on…
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Mumbai: The Reserve Bank of India (RBI) announced on Wednesday that it has decided to standardise and simplify the procedure for settlement of claims in respect of deposit accounts of deceased customers of banks so that bereaved families do…
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Mumbai: The Reserve Bank of India (RBI) on Wednesday pegged India’s CPI inflation at 3.1 per cent for FY2025-26, as the steady progress of the monsoon and robust kharif sowing are expected to keep food prices in check. RBI Governor…
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Mumbai: Following the Reserve Bank of India's (RBI) decision on Wednesday to maintain the repo rate at 5.50 per cent, the benchmark index Nifty 50 experienced a slight decline, falling below the 24,600 resistance level. The Nifty 50 was…
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Mumbai: The RBI on Wednesday retained its forecast for India’s GDP growth at 6.5 per cent for FY 2025-26, despite global uncertainties, as it expects strong rural demand on the back of a good monsoon and robust government expenditure on big…
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