On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
In what can come as a huge relief to banks, Reserve Bank's new Governor Sanjay Malhotra on Friday announced that the ...
MUMBAI: RBI has broken its silence on exchange rate movements, with governor Sanjay Malhotra saying the central bank will ...
In a rare double bonanza for the aam aadmi, the government has delivered two significant announcements within a week. First, Finance Minister Nirmala Sitharaman made income up to ₹12 lakh tax-free.
Terming the RBI’s decision to cut the repo rate by 25 basis points as ‘a welcome move’ for Thane’s real estate, Jitendra ...
The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...
India’s central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in ...
Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent ...
Central bank’s first interest rate cut in five years is minimal and unsurprising considering the many external volatilities ...