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Law and order goes for a toss in Congress-ruled Karnataka, criminals posing as RBI officials loot ₹7 crore in Bengaluru

A group of men posing as RBI officers stopped a CMS cash van near Ashoka Pillar, Bengaluru, claiming a regulatory check. They separated the armed guards from their weapons and directed the van to Dairy Circle. There, they transferred ₹7.1 crore into a getaway vehicle. Police suspect an inside job due to delayed reporting.

RBI announces major relief package for exporters hit by 50% US tariffs, offers loan moratorium, extended credit and FEMA relaxations

The RBI’s package aims to prevent these temporary difficulties from turning into long-term financial stress.

RBI Governor Sanjay Malhotra educates US President Donald Trump over his ‘dead economy’ remark, reminds him India is contributing more to global growth right...

"We are contributing about 18%, which is more than the US where the contribution is expected to be much less – about 11% or something. We are doing very well and we will continue to improve further," the RBI governor said.

PM Modi set to visit Maldives: Read how India’s $400 million ‘Sanjeevani Booti’ rescued the island nation’s economy

The pandemic and global economic slowdowns had a significant impact on the Maldives, which relies significantly on tourism.

RBI to roll out climate change disclosure rules for banks and financial institutions, recognises climate change as a source of major financial concern: Read...

A 52-page draft note of the RBI, accessed by Reuters, prescribes a methodology for predicting and analysing the impact of extreme climate events and transition risks on the borrowers' ability to repay loans.

Exclusive: Contempt of SC by ‘Exclusive Capital’ in the HNGIL matter? Here is what Justice Gauba replied to queries by OpIndia

Exclusive Capital Limited (ECL) faces multiple probes for financial and governance violations, with NCLT and RBI identifying serious breaches.

HDFC relationship manager accused of defrauding a customer of Rs 3 crores, Bombay HC pulls up police, sends notices to RBI and HDFC

The petitioner expressed that other HDFC bank officials also seemed to be involved in the case.

Raghuram Rajan is in all praise of ‘Make in India’ after telling Modi govt not to focus on manufacturing, had earlier made failed doomsday...

The former RBI governor, who participated in the 'Bharat Jodo Yatra' of Rahul Gandhi, has repeatedly made doomsday predictions about India's economic growth (only to fail each time).

India’s retail inflation softens and aligns with RBI’s 4 per cent target, lowest in 5 years

In July, there was a sharp decline in the year-on-year inflation rate based on the All India Consumer Price Index (CPI), which is the lowest in the last 59 months.

RBI report silenced those who spread false narratives on employment, around 8 crore new jobs created in just 3-4 years: PM Modi in Mumbai

PM Modi quoted RBI report on employment to attack the opposition for criticising the government over "unemployment"

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