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B'luru engineer loses Rs 11.8 crore to 'digital arrest' scam

 A 39-year-old software engineer became a victim to a "digital arrest" scam and lost Rs 11.8 crore when fraudsters impersonating police officials claimed that his Aadhaar card was being misused to......

Reserve Bank of India net sold $6.5 billion in August, shows data

 The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

RBI not targeting specific rupee level: Guv

 Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any 'specific level or band' of the rupee,......

RBI sees retail inflation at 4.2% for next fiscal

 The Reserve Bank on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Illustration: Uttam......

Sensex drops 313 points ahead of RBI's rate decision

 Benchmark indices Sensex and Nifty ended lower in a volatile session on Wednesday as investors turned cautious ahead of the RBI's monetary policy decision later this week and trade war concerns.......

RBI may cut interest rate by 25 bps on Feb 7

 The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand,......

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