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.
Vegetable prices had shot up by as much as 29.32 per cent in June as the scorching heat wave in the northern states hit production.
The revised regulations shall be applicable with effect from January 1, 2025 and will further harmonise regulations applicable to HFCs and NBFCs, the RBI said.
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
In an era marked by economic turbulence and fluctuating market sentiments, the Reserve Bank of India’s (RBI) decision to hold its key interest rate steady at 6.50 per cent for the ninth consecutive policy meeting speaks volumes about its strategic approach to monetary policy.
India's foreign exchange reserves reached a historical high of $ 675 billion, as of August 2, as overall, India's external sector remains resilient with key indicators continuing to improve, RBI Governor Shaktikanta Das said on Thursday.
