Category: Indian Economics

The Indian government has appointed Swaminathan Gurumurthy and Satish Kashinath Marathe as part-time non-official directors on the Reserve Bank of India board. Analysts fear that the appointment could erode the independence of the central bank. The Reserve Bank of India (RBI) is India’s central banking institution, which..

RBI’s Monetary Policy Committee has raised the repo rate from 6.25% to 6.5% on 1st August. The hike was made to tackle accelerating inflation and to support the weakening rupee. The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy..

All critical personal data on people in India should be processed within the country, Justice Srikrishna panel said on Friday. The National Data Sharing and Accessibility Policy (NDSAP) was approved by the government in 2012. The policy is applicable to to all shareable non-sensitive data available either in digital or analog forms but generated using…

Over 20 Indian banks and financial institutions, including SBI and PNB, signed an inter-creditor agreement (ICA) aimed at faster resolution of bad loans on 23 July. The gross NPA (non-performing assets)..

India’s annual retail inflation accelerated to a five-month high in June, alongside a weak currency and rising oil prices. Experts believe that the RBI could increase interest rates in August..

Multinational companies in India are petitioning for a relaxation on the ban imposed by the Maharashtra state government against single use plastics.

For the first time since 2014, the Reserve Bank of India has hiked key lending rate or repo rate by 25bps to 6.25%. RBI also retained its “neutral stance” which has come..

The Unique Identification Authority of India, which manages the country’s Aadhaar system, has dismissed claims of data vulnerability made by the news website ZDNet..

In a renewed push to attract foreign investment, India plans to allow foreign companies own bigger stakes in defense joint ventures. With this, the country aims to turn into..

Synergia Foundation in collaboration with the Harvard Business School organized a round-table discussion on the topic ‘Budget & Beyond: What Next for Indian Economy?