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Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday's review, say bankers; inflation expected to accelerate
Business

Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday's review, say bankers; inflation expected to accelerate

The monetary policy committee will start its three-day meeting from 3 October to decide on the fourth bi-monthly monetary policy. After two successive hikes, the repo rate currently stands at 6.50 percent.

India needs at least $125 billion to materialise its renewable power supply dream by 2022: Report
News & Analysis

India needs at least $125 billion to materialise its renewable power supply dream by 2022: Report

India, which receives twice as much sunshine as European countries, wants to make solar central to its renewable expansion.

RBI penalises JP Morgan Chase for violating risk-mgmt norms
Economy

RBI penalises JP Morgan Chase for violating risk-mgmt norms

The Reserve Bank today imposed a penalty of Rs 5 lakh on US banking major JP Morgan Chase for violation of various norms including risk-management guidelines.