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Reserve Bank of India Governor Sanjay Malhotra during a press conference in Mumbai, Maharashtra, on October 1, 2025 | Photo Credit: RBI Reserve Bank Governor Sanjay Malhotra on Wednesday (October 1, 2025) said there is no proposal to levy any charge on UPI transactions. RBI MPC meeting LIVE The Governor also said the central bank…
Prime Minister Narendra Modi during his visit to Japan asserted that India and Japan are poised to jointly influence the Asian century’s trajectory towards stability, growth and prosperity. Tensions flared between Congress and the BJP on Friday after PM Modi was allegedly abused during the INDIA bloc’s “Voter Adhikar Yatra” in Darbhanga. Meanwhile, India’s GDP…
The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in mining activity, by –8.7% (10.3% in June 2024), and electricity output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon, with…
This is a representative image (Pic credit: PTI) NEW DELHI: At more than 1.5 crore, the number of registered vehicles in Delhi matches the combined total of registered vehicles in the three metropolitan cities of Mumbai, Kolkata, and Chennai, road transport ministry data has revealed, highlighting the immense pressure on Delhi’s roads.This problem of congestion…
A gold pledging transaction in progress in the city of Kochi. File photo | Photo Credit: The Hindu The Reserve Bank of India (RBI) has decided to increase the loan to value (LTV) amount for small gold loans of up to ₹2.5 lakh from one borrower from 75% to 85% including interest, RBI Governor Sanjay…
Photo used for representation purpose only | Photo Credit: Getty Images/iStockphoto The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85% for loans under ₹2.5 lakh from the present 75%, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Mr. Malhotra said…
File photo of Reserve Bank of India Governor Sanjay Malhotra. | Photo Credit: Reuters Reserve Bank on Friday (June 6, 2025) decided to cut Cash Reserve Ratio (CRR) by a huge 1%, which will unlock ₹2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in…
The Monetary Policy Committee (MPC) under the chairmanship of Sanjay Malhotra, Governor, Reserve Bank of India on Friday (June 6, 2025) voted to reduce the policy repo rate by 50 basis points (bps) to 5.50% with immediate effect. Consequently, the standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) shall stand adjusted to…
In this screenshot from @reservebankofindia593 via Youtube, RBI Governor Sanjay Malhotra gestures while delivering the Monetary Policy statement, in Mumbai, on June 6, 2025. Photo: @RBI via PTI Photo) The Monetary Policy Committee (MPC) under the chairmanship of Sanjay Malhotra, Governor, Reserve Bank of India on Friday (June 6, 2025) voted to reduce the policy…
Archaeological excavations in progress at Keeladi in Tamil Nadu’s Sivaganga district. File | Photo Credit: The Hindu Civilisation and culture are deeply entwined in the identity of any society and attempts to reinterpret or regulate them often invite political consequences. Over the past fortnight, this became clear when political parties in Tamil Nadu put up…
