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Reserve Bank of India

Indian Rupee Falls to 94.69 as Oil Prices Rise

The Indian rupee slipped past the 94.50-per-dollar mark on September 8 as rising crude oil prices increased pressure on India's currency.The move comes...

India’s GDP Expands 7.8% in June Quarter, Beating RBI Forecast on Resilient Domestic Demand and Capital Expenditure

India’s gross domestic product (GDP) expanded by 7.8% in the April–June quarter (Q1), according to official data released by the Ministry of Statistics and...

Charges on UPI Transactions: RBI Governor Says ‘Costs Have to Be Paid by Someone’

Unified Payments Interface (UPI) transactions are currently free for users, but that arrangement may soon face changes. Addressing a press conference after announcing the...

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