30 Apr 2016
New Delhi: Stung by all-round criticism, the government yesterday rolled back its decision to lower interest rate on provident fund deposits to 8.7 percent for 2015-16 and agreed to fix it at 8.8 percent, the third EPF-related roll back since March.
28 Apr 2016
New Delhi: The Finance Ministry's move to reduce the interest rate on the Employees' Provident Fund (EPF) attracted Opposition criticism in the Rajya Sabha today.
19 Apr 2016
New York: RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan has said.
09 Apr 2016
Islamabad: An anti-terrorism court in Pakistan has issued a non-bailable arrest warrant against former military ruler Pervez Musharraf for his failure to appear before the court in the 2007 judges' detention case.
09 Apr 2016
Chandigarh/New Delhi: NIA yesterday secured non-bailable arrest warrants against Jaish-e-Mohammed (JeM) chief Maulana Masood Azhar, his brother Abdul Rauf and two others for allegedly conspiring to carry out terror strike on the strategic Indian Air Force base in Pathankot.
15 Apr 2016
Washington: Reserve Bank may further lower the interest rate if inflation continues to ease and the monsoon turns out to be good, Governor Raghuram Rajan has said.
04 Apr 2016
New Delhi: A day ahead of Reserve Bank meet, Finance Minister Arun Jaitley today pitched for easier monetary policy, arguing that high interest rates can make the economy sluggish.
07 Apr 2016
Mumbai: Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan today said a move towards an inflation target of 4 percent will help contain the currency market volatility.
05 Apr 2016
Mumbai: The Reserve Bank today cut the key interest rate by 0.25 percent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors and indicated accommodative stance going ahead.
06 Apr 2016
Mumbai: Concerned over rising bad loans, the Reserve Bank will soon come out with a draft framework on large exposure of bank loans to corporates.