Tag: RBI

The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ....

Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. ....

India is all set to embark on the third and the largest phase of vaccination drive against Covid-19 which will reach out to around 27 crore of population aged above 60 or above 45 with co-morbid conditions.....

Amid a worrying upward trend, India registered 14,989 new coronavirus cases and 98 fatalities in the last 24 hours, which pushed the overall infection tally and death toll to 1,11,39,516 and 1,57,346, respectively, the Union Health Ministry said on Wednesday. ....

The Central Bureau of Investigation (CBI) on Wednesday carried out searches at 10 locations of Cadbury India Ltd, now known as Mondelez Foods Private Limited, in connection with a case it registered for alleged corruption and misrepresentation of facts to fraudulently avail area-based tax benefits in Baddi, Himachal Pradesh. ....

The Supreme Court on Tuesday said any amount collected during moratorium period by banks as interest on interest or compound interest, should either be refunded or adjusted against the next EMIs payable by the borrowers. ....

India reported 53,476 coronavirus cases in the last 24 hours, highest single-day spike since October taking the total tally to 1,17,87,534 on Thursday. ....

India recorded 72,330 new coronavirus cases in the last 24 hours, highest since October 2020, taking the total tally to 1,22,21,665 on Thursday. ....

India has reported 1,45,384 new Covid-19 cases and 794 deaths in the last 24 hours, the Health Ministry said on Saturday. ....

India reported 1,61,736 new Covid-19 cases in the last 24 hours, setting another grim one-day record, taking the overall tally to 1,36,89,453 on Tuesday, according to data issued by the Union Health Ministry. ....