The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 ...
India’s central bank recently shifted toward a more accommodating monetary stance by cutting its benchmark repo rate from 6.5 ...
Shares of most Indian financial companies, especially those of non-bank and microfinance-focussed lenders, jumped on Thursday ...
India is still the world’s fastest-growing major economy, but uncertainties still lie ahead. Read more at straitstimes.com.
India's central bank on Monday revised certain norms for urban co-operative banks (UCBs), with a view of providing them with ...
The Indian central bank likely intervened to support the rupee after it dropped past 87 per U.S. dollar on Tuesday due to ...
India's reserve position with the IMF was up by USD 7 million at USD 4.09 billion in the reporting week, the apex bank data ...
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India's economy grew 6.2%, buoyed by increased consumer and government spending. Although manufacturing lagged, rural demand bolstered growth. Revised forecasts predict 9.2% growth in 2023-24. The ...
For the full year, the government now pegs GDP growth at 6.5%, marginally higher than its initial estimate of 6.4%, but below ...
For the full year, the government now pegs GDP growth at 6.5%, marginally higher than its initial estimate of 6.4%.