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India biggest buyer of COVID-19 vaccine with 1.6 bn doses, experts say this could cover 60 pc population

India is the largest buyer of COVID-19 vaccines in the world with 1.6 billion doses, according to a global analysis, a number...

Economy to contract at 7.5 percent for FY21 due to COVID-19 impact: RBI

Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5...

Highlights of RBI’s monetary policy statement

Following are the highlights of RBI Governor Shaktikanta Das'statement and resolution of the Monetary Policy Committee (MPC): * Benchmark rate kept unchanged...

RBI to come out with digital payment security control directions: Shaktikanta Das

RBI Governor Shaktikanta Das on Friday said the central bank will be introducing digital payment security control directions for regulated entities. Such...

India’s service sector recovery sustained in November: IHS Markit

The Indian services economy remained on the right path to recovery during November with a further upturn in new work supporting business...

RBI asks HDFC Bank to stop launch of digital activities, sourcing new credit card customers

Private sector lender HDFC Bank on Thursday said the Reserve Bank of India (RBI) has asked it to temporarily stop all launches...

Diesel sales fall 7% in Nov, petrol sales up 5 %

India's diesel sales fell 7 per cent year-on-year in November after rising for the first time in eight months in October, industry...

Sensex drops by 60 points in early trade on profit booking; Nifty slips below 13,100

Equity benchmark Sensex dropped by 60 points in opening trade on Wednesday due to selling in financial, IT and energy stocks as...