Tag: Reserve Bank of India
RBI MPC meet highlights: From India’s ‘goldilocks moment’ to rate cut, here’s what RBI governor Sanjay Malhotra said today
RBI Governor Sanjay Malhotra on Friday described the current macro-economic environment as a “rare Goldilocks moment for India”, with inflation at a benign 2.2% and…
Fitch raises FY26 growth forecast to 7.4% from 6.9%
New Delhi: Fitch Ratings Thursday raised India’s FY26 gross domestic product (GDP) growth forecast to 7.4% from 6.9%, citing higher consumer spending driven by strong…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
RBI to tolerate weaker rupee as inflows dry up, sources say
India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar…
More than rupee level, its non-volatility is key: Bajaj
New Delhi: The rupee can pursue its fair value but it’s the volatility that needs to be curbed, Bajaj Finserv chairman and managing director Sanjiv…
RBI’s MPC starts three-day meet; key rate decision on Friday
The Reserve Bank of India’s Monetary Policy Committee (MPC) has started its three-day review session, with markets anticipating a 25-basis-point reduction in interest rates. However,…
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…