To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. ....

The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as the NABARD and the SIDBI. ....

The RBI Governor on Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing some pressures on the lower rated / smaller participants of the financial markets. ....

The Indian stock market lost most of its initial gains despite the announcement of fresh liquidity measures by the Reserve Bank of India (RBI). ....

The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ....

The Indian currency continued to tumble on Thursday as it touched a fresh all-time low of 76.82 per dollar. ....

Finance & Corporate Affairs Minister Nirmala Sitharaman participated in the virtual session of the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting on Wednesday under the Saudi Arabian Presidency, to discuss the global economic outlook amid evolving Covid-19 pandemic crisis. ....

States have started demanding early release of GST compensation for FY20 in view of the Covid-19 crisis putting the already stretched financial position of the Centre under further stress. ....

As Union ministers and their staff attended offices on Monday after the a gap of around three weeks, Finance Minister Nirmala Sitharaman too returned to her North Block office, putting on a home-made mask. ....

Indian stock markets traded on a negative note on Monday morning with the BSE Sensex falling over 600 points. ....