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June 6, 2025, 06:46 PM - 6 min read
More banks, but trustworthy owners and managers, are India’s current requirements, says the central bank’s governor, Sanjay Malhotra, after announcing the third and biggest rate cut of the year
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February 7, 2025, 05:10 PM - 4 min read
Commenting on the Budget proposals of Finance Minister Nirmala Sitharaman, he said the income tax relief will not fuel inflation but would support growth.
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February 1, 2025, 08:22 PM - 3 min read
The recent income tax relief announced in the Union Budget 2025 has provided a major financial boost to the middle class. With Finance Minister Nirmala Sitharaman revising tax slabs and making income up to ₹12 lakh tax-free, many taxpayers are set to benefit from increased disposable income.
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December 22, 2024, 04:53 PM - 4 min read
Electricity distribution companies (DISCOMs) continue to remain a significant burden on state finances, according to a recent report by the Reserve Bank of India (RBI). The report highlights that despite ongoing reform efforts, the financial health of these companies has not improved substantially.
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December 11, 2024, 04:19 PM - 3 min read
Sanjay Malhotra has officially assumed office as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term. At 56, Malhotra brings with him a wealth of experience as a seasoned bureaucrat, having served over three decades in civil service.
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