RBI

FirstUp: Trump's pharma tariffs come into effect, EU leaders meet in Denmark... Big news today

US President Donald Trump’s tariffs on foreign pharmaceutical products will kick in today. Meanwhile, EU leaders gather in Copenhagen to discuss key defence initiatives. In India, the RBI is set to announce its interest rate decision, and PM Modi will take part in the RSS centenary celebrations

Done with OTPs? Payments minus these passwords are coming soon

The Reserve Bank of India (RBI) has said it wants to move away from relying solely on OTPs for securing digital transactions from April 2026. Instead, it is opening the door to newer two-factor authentication methods that may let you pay without entering a digital pin every time

India bets on gold: RBI cutbacks in US treasury bills signal diversification push

India is reducing US Treasury holdings and adding gold to diversify reserves and lessen reliance on the dollar

From note ban, CAA to farm reforms laws: The other side of PM Modi’s 11 years

Prime Minister Modi’s 11 years in power have seen sustained economic growth despite concerns of global slowdown. This came against the backdrop of the Covid-19 pandemic and some of the decisions that saw massive protests in Delhi and other places

Home loans to FDs: 5 ways RBI's rate cut will impact your investments

As the RBI has announced cuts in repo rate and cash reserve ratio (CRR), loans are set to get cheaper for customers. As the RBI has changed its stance from accommodative to neutral, the focus is now going to be on supporting growth. Here are five ways in which RBI rate cuts will affect you.

RBI slashes repo rate by 50 basis points, third cut in a row to boost growth

The Monetary Policy Committee (MPC) has decided to reduce the repo rate, the rate at which the Reserve Bank of India (RBI) lends money to commercial banks, by 50 basis points to 5.5% with immediate effect

FirstUp: PM Modi to inaugurate Chenab Bridge and more... Top news today

Prime Minister Modi is set to inaugurate the Chenab Bridge, which is the highest railway bridge in the world. Meanwhile, the RBI will announce the repo rate amid declining inflation

Why RBI wants Indian banks to give rupee loans to foreigners

The Reserve Bank of India wants to allow domestic banks to give loans to overseas borrowers in Indian currency – a historic first for the nation. The central bank has already asked the government to allow domestic banks to do so. But what do we know? And why is the bank making this move?

RBI reports major earning boost, surpasses govt estimate dividend transfer at Rs 2.7 tn

RBI will transfer a record Rs 2.7 lakh crore to the government as a dividend for the current financial year. The amount exceeded last year's figure and the government's expectations.

India's Forex Reserves Surge by $1.5 Billion, Marking Sixth Consecutive Weekly Increase

India's forex reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly increase, reflecting that India's economy remains robust despite turbulent times