Tag: Reserve Bank of India

The Reserve Bank of India (RBI) is likely selling dollars in the forex market to prevent any further slide in rupee.
Posted in Business

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…

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Posted in Economy

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…

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Posted in Economy

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…

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Apple is known to take a cut of Apple Pay transactions. (Unsplash)
Posted in Business

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…

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Posted in Economy

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…

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Haryana CM Nayab Singh Saini speaks during the ongoing budget session of the state assembly in Chandigarh on Monday, Feb 23, 2026. (PTI Photo)
Posted in Business

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…

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Finance Minister Nirmala Sitharaman and RBI Governor Sanjay Malhotra during a press conference at the RBI building in New Delhi on Monday, 23 February 2026. (ANI)
Posted in Business

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…

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The rupee opened at 90.76 against the US dollar and then strengthened further to 90.73—up 21 paise from its previous close of 90.94 on Friday. (Reuters)
Posted in Business

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…

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Posted in Economy

RBI MPC maintains status quo as India to stay in the goldilocks zone for longer

Kolkata: The improved economic growth outlook and benign inflation projection, which signalled a longer goldilock moment for India, provided the room for a pause in…

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Posted in Economy

Govt net market borrowing to fall to 3% of GDP in FY27, free up resources for pvt sector: RBI bulletin

Mumbai, Pointing to a decline in net government borrowings as a percentage of GDP, a monthly bulletin released by the Reserve Bank on Friday argued…

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