Tag: Reserve Bank of India
1 USD costs over INR 90: India rupee hits record low. What led the fall today?
Amid the delays of a trade deal between India and the United States, the Indian rupee continues the weaken and reached a record low of…
Export promotion measures launched to offset tariffs
The government on Tuesday said it is taking steps to reduce the impact of the tariff hike imposed by the US administration on Indian goods….
No proposal to raise FDI limit for PSU banks to 49%: MoS Finance
The government is not considering any proposal to raise the foreign direct investment (FDI) limit in public sector banks to 49 per cent, from the…
Hedging against Indian Rupee weakness turns costlier as 90/US Dollar looms| Business News
Hedging against the Indian Rupee’s weakness became costlier on Tuesday with the currency nearing the 90 mark, reflecting heightened concerns about further depreciation and expectations…
The deviance in risk-free yields in India: What is driving the wedge?
India’s long-term government bond yields have risen since June and remain elevated despite a troika of favourable factors—continued monetary easing, exceptionally low inflation and soft…
RBI likely to keep repo rate unchanged at 5.50% in December policy: BoB
The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday,…
India’s current account deficit moderates to $12.3 billion in Sept quarter: RBI
India’s current account deficit moderated to $12.3 billion, or 1.3% of GDP in the second quarter of FY26, on the back of a lower merchandise…
India’s factory growth slows to nine-month low as US tariffs dent demand, PMI shows
India’s manufacturing sector lost some momentum in November with growth decelerating to a nine-month low as stiff U.S. tariffs took a heavy toll on demand,…
RBI moderates digital norms, allows bank to advertise, removes need for permission for new channels
The Reserve Bank of India (RBI) has moderated its digital banking channel directions allowing banks to advertise products to customers post login. These products include…
India’s forex reserves decline by $4.47 billion to $688.10 billion as of November 21
India’s foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India…