Tag: Reserve Bank of India

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Posted in Economy

RBI Governor expects ‘long period of low policy rates’ for India

Reserve Bank of India Governor Sanjay Malhotra said India is likely to remain in a prolonged period of low policy rates as long as inflation…

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Posted in Economy

‘Focus on fundamentals to keep India going’: RBI Bulletin

Mumbai: Focus on strong fundamentals and reforms would help India stay on a high-growth path despite global uncertainties, the Reserve Bank of India (RBI) said…

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Posted in Economy

India borrowing costs to spike as market stares at $90 bn supply in Q4

Borrowing costs for India’s central and state ‍governments may climb in the coming quarter as market participants brace for heavy ⁠supply amid waning prospects for…

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Posted in Economy

RBI MPC likely to remain on extended pause; further rate cuts hinge on inflation trend: ICICI

The Reserve Bank of India‘s Monetary Policy Committee (MPC) is likely to remain on an extended policy pause after its recent rate cut, with any…

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Russia's Sberbank allowed to import gold into India
Posted in Economy

Russia’s Sberbank allowed to import gold into India

New Delhi: India on Friday added Russia’s Sberbank to the list of banks permitted to import gold into the country. “The name of the Sberbank…

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Concerns over slowing economic expansion in second half of fiscal led to 25 bps rate cut: RBI MPC minutes
Posted in Economy

Concerns over slowing economic expansion in second half of fiscal led to 25 bps rate cut: RBI MPC minutes

Kolkata: Concerns over slowing economic expansion in the second half of the fiscal prompted Reserve Bank of India‘s monetary policy committee members to vote for…

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External uncertainties pose risks to growth, speedy conclusion of trade talks present upside potential: RBI MPC minutes
Posted in Economy

External uncertainties pose risks to growth, speedy conclusion of trade talks present upside potential: RBI MPC minutes

The Reserve Bank of India said in the minutes of its Monetary Policy Committee meeting that a swift conclusion to trade negotiations could lend support…

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The rupee is heading towards its sharpest yearly fall since 2022. (AFP)
Posted in Business

Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News

The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…

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Posted in Economy

To worry or not? Rupee at 90 debate deepens as PM’s Economic Advisory Council member plays it down

Economic Advisory Council to the Prime Minister member Sanjeev Sanyal on Thursday said he is “not concerned about the rupee at all,” arguing that exchange…

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The RBI likely intervened at the 91/dollar level, buying $5 billion of dollars via a foreign-exchange swap on Tuesday. (Reuters)
Posted in Business

INR USD | Rupee roars back on RBI support to rise the most in seven months

The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks…

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