New Delhi: Prime Minister Narendra Modi on Friday said the Reserve Bank of India (RBI) had taken giant steps to safeguard the economy from the impact of the coronavirus.
The RBI cut the benchmark interest rate by 75 basis points to 4.4 per cent on Friday to deal with the hardship caused due to the outbreak of COVID-19.
“The announcements will improve liquidity, reduce cost of funds, help middle class and businesses,” Modi wrote on Twitter.
Mumbai: The Reserve Bank on Monday discontinued the requirement for commercial banks to maintain Investment Fluctuation Reserve (IFR), an additional...
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New Delhi: India has been purchasing Russian oil irrespective of US sanctions waivers and will continue to do so based...
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Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...
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New Delhi: ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...
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New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...
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New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...
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