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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......

Economy recovering from Q2 slowdown, says RBI bulletin

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve......

Will RBI's new Guv usher a growth-propping rate cut in 2025?

Malhotra, who started his three-year term on December 11, has pointed to growth, stability and trust as his focus areas. Photograph: Hemanshi Kamani/Reuters The RBI under former governor......

Stocks Crash: Worst Week in Years

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion. Illustration: Dominic Xavier/Rediff.com  ......

Forex reserves drop $2 bn to $652.87 bn

India's forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the......

Why Modi Prefers Babus At RBI Helm

Perhaps because the Modi government had some differences of opinion with two of the economist governors (one of whom was appointed by the Manmohan Singh government), there is a view that its......

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