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.
As the world rapidly evolves, so does the nature of risks confronting the financial sector.
The Reserve Bank of India (RBI) Governor Shaktikanta Das was hospitalised here earlier in the day with a minor health issue. The Central Bank said that “there is no cause for concern”.
It forecast India's headline inflation at 4.2 per cent (average) in 2025 with food inflation at 4.6 per cent.
A survey of agri-tech startups shows that they benefit from government’s funding support, research and development and state support in the form of digital infrastructure.
The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year).
