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RBI moots PPI to measure inflation accurately

Jul 18, 2012
The Reserve Bank of India has mooted a producer price index (PPI) that would be able to measure inflation more accurately. Accordi...

India's forex reserves dip by USD336.5 million

Jul 16, 2012
India's foreign exchange reserves (forex) plunged by USD336.5 million to USD287.62 billion in the week ended July 6, data from Ind...

RBI considers alternative financial instruments to gold

Jul 13, 2012
The Reserve Bank of India (RBI) is mulling floating financial instruments that mimic returns on gold to curb the current account d...

'Possibility of industrial recovery low in short term'

Jul 13, 2012
India's industrial output grew by 2.4 percent in May as against 0.9 percent contraction in the previous month, led by rebound in m...

RBI urged to ease liquidity, boost industry growth

Jul 10, 2012
Top bankers, on July 9, have urged the Reserve Bank of India (RBI) to ease liquidity in the banking system to help revive industri...

'Indian govt waiting for right time for FDI in retail'

Jul 06, 2012
The Indian government has scope to reduce its borrowings while it is waiting for the right political atmosphere to allow foreign d...

India's financial system robust: RBI

Jun 29, 2012
India's financial system "remains robust" but challenges to stability have increased in recent months owing to global economic unc...

Indian rupee falls to new low of 56.57 for a dollar

Jun 22, 2012
The Indian rupee slumped to a record low of 56.57 against a dollar on June 21 due to increased demand for the American currency by...

India's potential for high economic growth down: RBI Governor

Jun 20, 2012
A day after keeping the key policy rates steady, the central bank on June 19 said that India's potential of maintaining a high eco...

RBI keeps key lending rates unchanged

Jun 18, 2012
The Reserve Bank of India (RBI) has kept key lending rates unchanged. The re-purchase rate remains unchanged at eight percent, whi...

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