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One simple mistake and man loses Rs 1 lakh to fake website claiming RBI backing
Sun, Sep 30, 2018
You need to be extra vigilant while doing any sort of financial transactions online. Time and again, experts and regulatory agencies keep warning people. Still, people keep falling to online fraudsters.
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India's external debt declines 2.8 pc to USD 514.4 bn at end-June: RBI
Sat, Sep 29, 2018
On Friday, India's external debt declined 2.8 per cent to USD 514.4 billion at June-end over the previous quarter on account of a decrease in commercial borrowings, short-term debt and non-resident Indian (NRI) deposits, the RBI said.
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Nifty, Sensex edge lower as new import tariffs set in; financials drag
Thu, Sep 27, 2018
On Thursday, Indian shares edged lower as the sentiment remained cautious after the government raised import tariffs on select goods and the Reserve Bank of India (RBI) announced measures to ease liquidity concerns.
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Yes Bank shares rise 2 pc on decision to seek extension for Rana Kapoor
Thu, Sep 27, 2018
On Wednesday, Shares of Yes Bank rose by nearly 2 per cent, a day after the company board decided to seek at least a three-month extension from RBI for its MD and CEO Rana Kapoor beyond January 31, 2019.
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Market crisis in India: Scare caused by 2 NBFC; Centre, watchdogs on standby
Wed, Sep 26, 2018
On Wednesday, a senior government advisor said that the government and regulators would make every effort to prevent the risk of "contagion" in credit markets resulting from a scare caused by two non-banking financial companies (NBFC).
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Rupee set to force RBI to raise key rates next week: Poll
Wed, Sep 26, 2018
The Reserve Bank of India is likely to raise interest rates in early October, despite relatively tame inflation, to prop up a retreating rupee, according to a Reuters poll of economists who also trimmed their near-term growth forecasts.
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