NFRA Board revises all audit standards despite ICAI dissent on some; likely effective from FY26
New Delhi: The board of the National Financial Reporting Authority (NFRA) on Tuesday approved a revision of all audit standards...
RBI
Targeting food inflation with rates is ‘flawed theory’: Piyush Goyal
Union minister Piyush Goyal MUMBAI: Commerce minister Piyush Goyal called upon RBI to cut rates, arguing that targeting food price...
RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks
India’s central bank, the Reserve Bank of India (RBI), announced on Wednesday that the State Bank of India (SBI), HDFC...
October retail inflation print raises concerns
The retail inflation print for October has made observers sit up. At 6.2 per cent, headline inflation exceeds the Reserve...
Jio Financial Services unit gets RBI nod to become online payment aggregator
Jio Financial Services announced that its wholly owned subsidiary, Jio Payment Solutions Limited (JPSL), has received authorization from the Reserve...
Rupee ends October near record low amid outflows
MUMBAI: The rupee ended near an all-time low against the dollar on Thursday amid outflows from equities and anxiety over...
10-year bond yield posts its biggest rise in 6 months
MUMBAI: India's 10-year benchmark govt bond yield logged its biggest jump in six months in Oct, and its first monthly...
RBI report shows India’s forex reserves cover stands at 11.2 months of imports with a slight decline
NEW DELHI: The Reserve Bank of India on Tuesday announced that India’s foreign exchange reserves can cover imports for 11.2...
Dhanteras delight: RBI says 102-ton gold shifted to India
NEW DELHI: It is not just Indian households which look to bring gold into their lockers. On Dhanteras, the Reserve...
RBI revises norms for entities applying for CCP
The Reserve Bank of India on Monday revised its June 2019 criteria for Central Counterparties. A Central Counterparty (CCP) is...
