The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
It will take months for India's economy to register positive growth according to Congress leader P Chidambaram after government data revealed that the Indian economy had contracted by 23.9 percent in the April to June quarter (Q1 FY21). ...
Lashing out at Prime Minister Narendra Modi-led government, former Karnataka Chief Minister HD Kumaraswamy said that states are in "dire straits" due to the failure of the Centre whose "management of the country's economy is flawed and marked by lack ...
Finance Minister Nirmala Sitharaman on Thursday referred to COVID-19 pandemic as an "act of God" and said there could be contraction of the economy. ...