Tag: Reserve Bank of India
Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News
Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…
What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer
India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…
RBI’s likely to raise liquidity to keep ‘short’ rates in check
Mumbai: India’s central bank is likely to boost liquidity ahead of the fiscal year end, economists said, as it seeks to restrain short-term rates from…
India’s growth outlook resilient despite global challenges, supported by favourable rates: HSBC
New Delhi: India’s economic growth remains resilient despite global macro-economic challenges, supported by favourable interest rate and liquidity conditions, according to a report by HSBC…
Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand
New Delhi: Fitch Ratings on Friday raised India’s economic growth forecast for FY26 to 7.5% year-on-year from 7.4% projected in December, citing strong domestic demand…
India’s February retail inflation quickens to 3.21% before Iran war impact hits
India’s retail inflation stood at 3.21% in February, according to data released on Thursday, amid trade uncertainty and geopolitical tensions in the Middle East. The…
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…
Iran-Israel war: Every 10% rise in oil prices could shave 20–25 bps off India’s GDP growth, says HDFC Bank
Rising tensions in West Asia and the resulting volatility in oil prices could weigh on India’s economic outlook, with higher crude costs potentially slowing growth,…
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…