financial policy

Mumbai, April 10 The Reserve Bank of India (RBI) will conduct a Variable Rate Reverse Repo (VRRR) auction worth Rs 2 lakh crore seven days from Friday."In view of the current surplus liquidity conditions, it has been decided to conduct a VRRR auction on Friday," the central bank said in a...

Islamabad, April 9 Prime Minister Shehbaz Sharif has set up a special body to deal with the economic and security impacts of the West Asia conflict on the country.The National Coordination and Management Council (NCMC) was formed just hours before the two-week ceasefire was achieved between...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

April 08, New Delhi: The Reserve Bank of India announced its latest monetary policy decision on Wednesday. The Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, has maintained the repo rate at 5.25 percent, while maintaining a "neutral" policy stance.This decision comes amid...

April 06, New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is scheduled to begin on Monday, with investors and economists closely monitoring for signals regarding interest rates and inflation outlook.The meeting is taking place amid heightened global uncertainty...

New Delhi/Bengaluru, April 3 – Union Minister for New and Renewable Energy, Pralhad Joshi, strongly criticised the Karnataka government over its recent electric vehicle (EV) policy decisions, alleging that the state is moving backwards on clean energy initiatives.In a recorded video statement...

Colombo, Apr 3 The decision to sell off state-owned enterprises by the previous government has been reversed, the Sri Lankan government informed the Supreme Court.Sri Lankan Airlines, Sri Lanka Telecom, Sri Lanka Insurance, and Lanka Hospitals will not be sold, according to Attorney General...

Bengaluru, April 1 Karnataka Chief Minister Siddaramaiah launched a scathing attack on the Centre on Wednesday, questioning whether its financial policies towards the state amounted to "tax terrorism or tax plunder".Launching a tirade against the union government, he alleged that it returns...

Mumbai, March 30 The Reserve Bank of India (RBI) injected ₹84,582 crore of short-term liquidity into the banking system on Monday through two variable rate repo (VRR) auctions.The central bank injected ₹50,001 crore through the first three-day VRR auction early in the day at a cut-off rate of...

Chennai, March 27 AIADMK General Secretary Edappadi K Palaniswami on Friday praised the Union government's decision to reduce excise duty on petrol by ₹10, calling it a timely and welcome step taken in the larger national interest."I welcome this people-centric decision and appreciate the...

Mumbai, March 27 The Reserve Bank of India (RBI) injected ₹65,322 crore of temporary liquidity into the banking system on Friday through a six-day variable rate repo (VRR) auction.The RBI injected the funds at a cut-off rate of 5.26 per cent and a weighted average rate of 5.29 per cent, the...

Mumbai, March 20 The Reserve Bank of India announced on Friday that it will conduct an overnight variable rate repo (VRR) auction worth Rs 1 lakh crore on March 23.The auction will take place between 9:30 am and 10:00 am on March 23, and the funds will be reversed on March 24, according to the...

Mumbai, March 20 The Reserve Bank of India (RBI) injected ₹25,101 crore of temporary liquidity into the banking system on Friday through a three-day variable rate repo (VRR) auction.The RBI injected the funds at cut-off and weighted average rates of 5.26 percent, the central bank said in a...

Gangtok, March 19 The Sikkim government has announced a 5 per cent increase in the Dearness Allowance (DA) and Dearness Relief (DR) for its employees and pensioners, respectively, according to an official notification.The increase will be effective from July 1, 2025, retrospectively...

Mumbai, March 16 The Reserve Bank of India (RBI) announced on Monday that it will conduct a seven-day variable rate repo (VRR) auction worth Rs 1.50 lakh crore on March 17.The auction will take place between 9:30 AM and 10:00 AM on March 17, and the reversal of these funds will take place on...

Nagpur, March 7 Maharashtra Chief Minister Devendra Fadnavis on Saturday said reports suggesting a potential shortage of LPG cylinders in the context of the West Asia conflict are speculative and not in the interest of the country.He appealed to the media to avoid speculative reporting...

New Delhi, February 27 Prime Minister Narendra Modi on Friday urged the Indian industry to increase investment and innovation, saying the government has laid the groundwork through aggressive capital spending and by creating a conducive policy environment in successive budgets, and that it is...

Chandigarh, February 23 The Punjab Cabinet on Monday gave its approval for the state assembly to hold its budget session from March 6 to 16. The budget will be presented on March 8.The Cabinet also approved the new excise policy for 2026-27, aiming to generate revenue of Rs 12,800 crore...

Namakkal (Tamil Nadu), February 22 Senior BJP leader Tamilisai Soundararajan has launched a scathing attack on the DMK-led Tamil Nadu government, accusing Chief Minister M K Stalin of creating an "artificial" narrative of rights deprivation to hide administrative failures and corruption."The...

Mumbai, February 17 In order to support liquidity in the banking system, the Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre's total bond issuances so far in FY26, according to public data.Data compiled by