85 breached
The Indian rupee has breached the significant psychological barrier of 85 against the US dollar, marking an all-time low amid a confluence of domestic and global pressures.
The Indian rupee has breached the significant psychological barrier of 85 against the US dollar, marking an all-time low amid a confluence of domestic and global pressures.
The recent appointment of Sanjay Malhotra as Governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das, signals a pivotal shift in India’s monetary policy dynamics.
In a significant move to support the agricultural sector and address rising input costs, the Reserve Bank of India has announced an increase in the limit for collateral-free agricultural loans, including loans for allied activities.
India's forex reserves dropped by USD 3.235 billion to USD 654.857 billion for the week ending December 6.
Mumbai Police promptly registered a case under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and began an investigation.
Newly appointed RBI Governor Sanjay Malhotra on Wednesday said the central bank will maintain continuity and stability in policy matters with a greater use of technology to promote financial inclusion.
Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), officially took charge on Wednesday for a three-year term starting December 11, 2024.
On his final day at the office, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday extended his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, and also remembered Former Finance Minister, Late Arun Jaitley in his farewell message.
According to a notification issued by the DPoT on Monday, Sanjay Malhotra will take over from current RBI Governor Shaktikanta Das on December 11.
The Reserve Bank of India (RBI) has opted for a pragmatic and balanced approach to address the twin challenges of slowing economic growth and persistent inflation.
