Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflows
India’s banking system attracted $136.38 billion in foreign currency inflows through the Reserve Bank of India’s special dollar-rupee swap facility by August 31, with foreign…
Why was ₹6 lakh crore shaved off last year’s GDP? Govt explains the numbers
The government on Wednesday rejected the claim that it revised down last year’s current-price GDP from ₹86 lakh crore to ₹80 lakh crore to make…
Global stock markets fall as US-Iran strikes push oil to $95, bond yields surge, Fed rate hike bets rise
Global stock markets fell on Wednesday as fresh US airstrikes on Iran pushed oil prices to a five-week high. Investors grew worried that the conflict…
Gold prices today: Check 22K, 24K rates in Delhi, Bengaluru, Chennai, Mumbai
Gold prices have witnessed a sharp decline across major Indian cities over the past week. In Delhi, 24-carat gold has dropped from ₹1,63,242 per 10…
View: Leveraging monetary policy for India’s youth
The encouraging results of the GDP growth in the first quarter have brought all-round cheer and have reinforced the market sentiments. Government’s persistent and targeted…
How much will Apple pay new CEO John Ternus, executive chairman Tim Cook – A breakdown of their salaries
In a landmark leadership transition at Apple Inc., John Ternus officially took charge as Chief Executive Officer on Tuesday, concluding Tim Cook’s 15-year-long tenure. Following…
Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+
New Delhi: Japanese Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB+, citing the country’s solid economic growth, effectiveness of its…
Europe’s bond markets are suffering a post-holiday shock
INVESTORS INTERESTED in euro-denominated government bonds face some peculiar challenges. For starters, they have 21 euro-zone countries to choose from, in addition to the EU’s…
Japanese credit rating agency upgrades India’s sovereign rating to A- from BBB amid strong economic growth
Japanese Credit Rating Agency (JCRA) has upgraded India’s sovereign rating to A- from BBB , citing the country’s solid economic growth, robust private consumption and…
India’s soyoil imports hit record high in August and palm six-month peak, dealers say
Indian refiners imported a record amount of soyoil in August and the highest volume of palm oil in six months as they built stocks ahead…