Tag: Reserve Bank of India

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Posted in Economy

Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists

The Indian rupee may appreciate further against the US dollar over the next couple of months, supported by easing global headwinds, declining crude oil prices,…

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India in a ‘sweet spot’ amid oil volatility and currency dynamics: Kotak Neo’s Anindya Banerjee

Mumbai: India remains in a favourable economic position amid easing crude oil prices, strong foreign investment inflows and shifting global dynamics, which could support the…

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India’s October consumer inflation likely nears top of RBI target on food costs: Reuters poll

BENGALURU: India’s consumer inflation likely accelerated in October, edging closer to the upper end of the Reserve Bank of India‘s 2% to 6% target range,…

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Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital
Posted in Startups

Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital

Bengaluru: Invoice discounting platforms regulated by the Reserve Bank of India (RBI) recorded a jump in financing activity this festive season, as small and medium…

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India eases forex reporting rules for small value service exports, imports

The Reserve Bank of India on Tuesday notified changes to foreign exchange reporting rules for small-value services exports and imports, exempting resident individuals from declaration…

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Niti Aayog’s Lahiri flags growth risks in case of further monetary policy tightening

Kolkata: Policymakers need to balance output growth and inflationary expectations, Niti Aayog vice chairman Ashok Lahiri said on Friday in Kolkata, as bets mount on…

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RBI Central Board of Directors meet: RBI deliberates economic risks at 625th Central Board meeting chaired by Governor Sanjay Malhotra

The Reserve Bank of India (RBI) on Friday conducted the 625th meeting of the Central Board of Directors under the Chairmanship of Governor Sanjay Malhotra,…

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India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24

India’s foreign exchange reserves declined by $1.2 billion to $719.74 billion in the week ended October 24, according to data released by the Reserve Bank…

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India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy Governor

New Delhi: India is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion to…

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Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reserves

India should resist the temptation to defend the rupee at any cost, even if that means allowing the currency to weaken further, former Reserve Bank…

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