The Reserve Bank of India has carved out more flexibility to defend the rupee, as rising geopolitical tensions and a spike in energy prices pushed the currency to a record low on Wednesday.
The rupee fell 0.7% for the steepest intraday decline in at least a month to 92.08 per dollar, while India's 10-year bond yields rose 5 basis points to 6.72%.| News ...
RBI fines BDCC Bank ₹2 lakh for violating loan disbursal norms, highlighting compliance issues over several years.
Citibank India CEO K Balasubramanian says the West Asia conflict’s economic impact will remain contained if short-lived, ...
The RBI intervened by selling dollars to steady the currency, Bloomberg has learnt. The escalating conflict in the Middle ...
The Indian rupee fell to ​its all-time low on Wednesday, as ​mounting concerns of a prolonged conflict along a major ...
Dhuleti, Dol Jatra, and Yaosang 2nd Day, as per the RBI holiday list. Check the complete list of affected cities and banking services availability.
It was a moment of pride and celebration for Rohit Singhal, a resident of Lucknow and a manager at the Reserve Bank of India ...
The Indian rupee crashed to its lowest level on record as the ongoing war in the Middle East sent shockwaves in Asia and ...
The biggest trigger for the rupee’s fall has been the surge in crude oil prices. Brent crude climbed above $82 per barrel after jumping 12% in just two days.
Explore the updated CPI, revealing clearer inflation signals and reflecting contemporary household spending patterns across India.
(March 4): India’s rupee fell to a record low, while stocks and bonds declined amid concerns that rising crude prices — driven by the escalating conflict in the Middle East — fanned worries over ...