The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local …
New Delhi: India’s retail inflation unexpectedly surged to a 14-month high of 6.2% in October, up from 5.5% in September, further delaying the prospect of monetary easing by the Reserve …
Mumbai: The Securities & Exchange Board of India (Sebi) has told credit rating companies to obtain a no-objection certificate (NOC) from the Reserve Bank of India (RBI) or any other …
The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,970 crore worth …
Kolkata : If the offshore non-deliverable forwards (NDF) market is any indication, the rupee may see fresh all-time low against the US greenback, further weakening from 84.10 seen Thursday, the …
India’s central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a slim majority of economists in …
Mumbai : Spreads in the bond market have tightened significantly, with AAA-rated companies raising funds at some of the lowest rates seen in recent years, underscoring the demand for quality …
Union Finance Minister Nirmala Sitharaman has stressed that nothing stops the private sector from coming and doing business in India, noting that there are many non-Indian private insurance companies that …
Pushed by the regulatory action by the Reserve Bank of India (RBI) against 4 NBFc including Asirvad Micro Finance, the shares of its parent company, Manappuram Finance, plummeted by 21% …
Chetan Ahya, Chief Asia Economist, Morgan Stanley, says it looks like the urban economy or the urban consumption which had led the initial recovery, is the one which is slowing. …