Tag: Reserve Bank of India
Govt will make sure economy doesn’t suffer from conflict in Middle East: Kotak Mahindra AMC MD Nilesh Shah
Mumbai: Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said…
Rupee faces record low at open as $117 oil deepens deficit fears| Business News
The Indian rupee is poised to plunge to an all-time low at Monday’s open, battered by a relentless rally in global crude oil prices and…
RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war| Business News
The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The Reserve…
Government reviews trade risks from West Asia tensions, vows steps to keep cargo flowing
The government on Monday held inter-ministerial deliberations with exporters and logistics players to assess the impact of escalating tensions in the West Asian region on…
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
Reserve Bank of India governor Sanjay Malhotra told Sangita Mehta and Sruthijith KK in an interview that India’s Goldilocks phase can be sustained as macroeconomic…
Apple Pay in India? iPhone maker in talks with banks to onboard UPI| Business News
Apple Inc. is in discussions with key banks and card networks in preparation to start Apple Pay in India, that too on UPI. Apple is…
Indian economy now more resilient to shocks, says RBI deputy governor Poonam Gupta
Kolkata: The Indian economy is now more resilient to both internal and external shocks that helped bring in macroeconomic stability and laid the platform for…
Money ‘will come back’: Haryana CM’s assurance after ₹590-cr ‘fraud’ in govt accounts at IDFC First Bank | Explained
Haryana chief minister Nayab Singh Saini and Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday gave assurances that the money is safe, after…
Nirmala Sitharaman downplays gold surge as central bank buying spree continues| Business News
Finance Minister Nirmala Sitharaman on Monday said the government is closely monitoring the recent surge in gold and silver prices but signalled that the rally…
Rupee strengthens against US dollar amid Trump tariff tantrums| Business News
The Indian Rupee rose against the US Dollar today, aided by sharp decline in crude oil prices and a weaker greenback due to US President…