Lok Sabha polls 2019: Congress releases manifesto, BJP says some of its ideas 'positively dangerous' The BJP said Tuesday that some of the ideas in the Congress manifesto were "positively dangerous".

News brief: Big stories of the day

The Reserve Bank of India (RBI) is likely to cut its policy interest rate by 25 basis points on Thursday, despite some analysts believing the country's weakening economic growth and subdued inflation outlook warrant a larger reduction.

Reserve Bank of India likely to cut interest rate by 0.25%: Analysts

RBI likely to go for another 25 bps cut

Consumer inflation in the month of February rose to 2.57 per cent, government data revealed on Tuesday. Consumer inflation was revised to 1.97 per cent in January this year from 2.

Retail inflation up to 2.57% in February: Government data

The RBI in reply to an RTI query said it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as fuel at petrol pumps, which are believed to have formed a good part of the demonetised currency that returned to the banking system.

RBI says no data on demonetised 500, 1,000 notes used at petrol pumps

The Government will come out with the first ever Rs 20 coin which will be shaped like a 12-edged polygon with a design of grains to denote farm dominance in the country.

First time ever: Government to come out with Rs 20 coins

India Inc's external commercial borrowings (ECBs) fell by 45 per cent to USD 2.42 billion in January 2019 as compared to the year-ago period, data from RBI has showed.

India Inc's foreign borrowings down 45% in January 2019

RBI to transfer Rs 28,000 crore to government as interim dividend

The BSE benchmark Sensex Monday fell over 150 points, led by weakness in auto, IT and financial stocks amid heavy selling by foreign institutional investors, as investors turned cautious ahead of RBI's board meet.

Sensex drops over 150 points ahead of RBI board meet

The Reserve Bank will pay an interim dividend of Rs 28,000 crore to the government, a move that will help the Centre keep fiscal deficit in check. The announcement on Monday came after the bank's Central Board meeting, which was addressed by Finance Minister Arun Jaitley.

Reserve Bank of India board approves Rs 28,000 crore interim dividend to government 

The finance ministry has sought from the Reserve Bank of India (RBI) Rs 27,380 crore that was withheld by the central bank towards risks and reserves in previous years, sources have said.

Government asks Reserve Bank of India for Rs 27,380 crore: Sources

In the first interest rate cut in 18 months, the RBI Thursday shed its hawkish stance to reduce policy rates in the maiden policy meeting under new Governor Shaktikanta Das, a move that may make home and other loans cheaper.

RBI cuts key lending rate by 25%, loans likely to get cheaper

In hating Modi, the Opposition has begun to hate the nation: PM While addressing the Motion of Thanks speech in Parliament on Thursday, Prime Minister Narendra Modi hailed the developments done by his government during the last four years.

RBI cuts repo rate by 25 basis points to 6.25%

The Reserve Bank of India(RBI) today cut the repo rate by 25 basis points to 6.25 per cent. Repo rate is the interest at which the banks borrow from the central bank whenever it experiences a funds shortfall.

RBI cuts key interest rates; projects GDP growth at 7.4%, limit of collateral-free agriculture loans increased

Benchmark equity indices gave up gains to end almost flat on Thursday as investors booked profits at higher levels, after the Reserve Bank surprisingly reduced the repo rate by 0.

Market ends flat after RBI rate cut; rate sensitive stocks turn volatile

The Reserve Bank Of India Thursday revised downwards the retail inflation forecast to 2.8 per cent for the last quarter of the current fiscal on account of favourable factors including benign monsoon.

RBI cuts inflation forecast to 2.8% for Q419; 3.2-3.4% for H1FY20

Shares flitted between negative and positive territory on Tuesday as investors kept a cautious stance ahead of the three-day central bank policy meet, while gains in automobile stocks offset declines in telecom companies.

Sensex, Nifty subdued ahead of RBI policy meet

The Indian government expects the central bank to pay a dividend of 690 billion rupees ($9.63 billion) in the next financial year beginning April 2019, a senior finance ministry source, who requested anonymity, told reporters on Tuesday.

Government expects 690 billion rupees in dividend from RBI in coming financial year

The Supreme Court Friday asked RBI to respond to an application looking to implead it as a party in a matter seeking directive to US-based WhatsApp to comply with data localisation norms for providing payment service in India.

Supreme Court seeks RBI response in data localisation matter of WhatsApp payment service

Global uncertainties, including populism and economic slowdown, have cast a shadow over the World Economic Forum (WEF)'s 2019 annual meeting, which officially opened in Davos, Switzerland, on Monday.

Watch: China underperforming relative to past, says Ex RBI chief Raghuram Rajan in Davos

The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services Ltd (IL&FS) to classify loans extended to the bankrupt shadow banking firm as non-performing, two sources with direct knowledge of the matter told Reuters on Tuesday.

RBI asks lenders to IL&FS to classify loans as non-performing: Sources

About Rs 1.47 lakh crore of agricultural loans are outstanding in Madhya Pradesh, Rajasthan, and Chhattisgarh, which announced waivers recently.

Generalised farm loan waiver impacts credit culture, says RBI Governor Shaktikanta Das

RBI likely to give government bumper interim dividend: Sources The Reserve Bank of India (RBI), having changed leadership last month following a clash with the government, is likely to transfer an interim dividend of 300-400 billion rupees ($4.

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News brief: Big stories of the day

Reserve Bank of India likely to cut interest rate by 0.25%: Analysts

RBI likely to go for another 25 bps cut

Retail inflation up to 2.57% in February: Government data

RBI says no data on demonetised 500, 1,000 notes used at petrol pumps

First time ever: Government to come out with Rs 20 coins

India Inc's foreign borrowings down 45% in January 2019

RBI to transfer Rs 28,000 crore to government as interim dividend

Sensex drops over 150 points ahead of RBI board meet

Reserve Bank of India board approves Rs 28,000 crore interim dividend to government

Government asks Reserve Bank of India for Rs 27,380 crore: Sources

RBI cuts key lending rate by 25%, loans likely to get cheaper

News brief: Big stories of the day

RBI cuts repo rate by 25 basis points to 6.25%

RBI cuts key interest rates; projects GDP growth at 7.4%, limit of collateral-free agriculture loans increased

Market ends flat after RBI rate cut; rate sensitive stocks turn volatile

RBI cuts inflation forecast to 2.8% for Q419; 3.2-3.4% for H1FY20

Sensex, Nifty subdued ahead of RBI policy meet

Government expects 690 billion rupees in dividend from RBI in coming financial year

Supreme Court seeks RBI response in data localisation matter of WhatsApp payment service

Watch: China underperforming relative to past, says Ex RBI chief Raghuram Rajan in Davos

RBI asks lenders to IL&FS to classify loans as non-performing: Sources

Generalised farm loan waiver impacts credit culture, says RBI Governor Shaktikanta Das

News brief: Big stories of the day