India’s FX reserves rise to $550bn in week ended Nov. 25 MUMBAI: India’s foreign exchange reserves rose for the third straight week, to $550.14 billion in the week through... Published 02 Dec, 2022 05:45pm
Markets Indian banks’ loan growth to accelerate despite higher interest rates BENGALURU: Loan growth at Indian banks will accelerate to 13% in this fiscal year despite the RBI raising interest... Published 28 Nov, 2022 01:21pm
Business & Finance Indian rupee edges up MUMBAI: The Indian rupee snapped four session of declines to close higher tracking slight weakness in the greenback,... Published 23 Nov, 2022 05:55am
World India’s Oct inflation seen falling below 7% NEW DELHI: India’s retail price inflation is expected to fall below 7% in October from 7.41% in September, Reserve... Published 12 Nov, 2022 05:49pm
Markets India's forex reserves dip for week ended Nov. 4 MUMBAI: India's foreign exchange reserves resumed their fall, declining to $529.99 billion in the week through Nov.... Published 11 Nov, 2022 06:34pm
Markets India should allow gradual rupee weakening, use fx reserves ‘judiciously’ NEW DELHI: India’s central bank should allow rupee to depreciate gradually and use foreign exchange reserves... Published 07 Nov, 2022 06:25pm
Markets India’s fx reserves jump likely fuelled by revaluation, forward book changes MUMBAI: The big jump in India’s foreign exchange reserves in the last week of October was likely fuelled by the... Published 07 Nov, 2022 01:21pm
Markets Indian bond yields seen little changed; US Fed, RBI in focus MUMBAI: Indian government bond yields are expected to be largely unchanged in early trades on Monday, as traders... Published 31 Oct, 2022 10:07am
Business & Finance At $524.5bn, India's forex reserves drop to lowest since July 2020 MUMBAI: India's foreign exchange reserves fell to $524.52 billion in the week through Oct. 21 to remain at their... Updated 28 Oct, 2022 05:20pm
Business & Finance Indian rupee ends unchanged MUMBAI: The Indian rupee ended flat on Monday, while its Asian counterparts dropped on recession fears, as the... Published 18 Oct, 2022 06:02am
Business & Finance Indian rupee mostly flat MUMBAI: The Indian rupee reached a record low versus the dollar this week but managed to recoup a large part of its... Published 17 Oct, 2022 05:57am
Business & Finance India’s forex reserves decline to over two-year low MUMBAI: India’s foreign exchange reserves fell to $532.66 billion in the week through Sept. 30, their lowest level... Published 07 Oct, 2022 06:18pm
Markets India forex reserves fall to near two-year low at $545.652bn MUMBAI: India’s foreign exchange reserves fell for a seventh straight week, dropping to $545.652 billion in the week... Published 23 Sep, 2022 05:34pm
Business & Finance India’s banking system liquidity may remain in deficit in second half MUMBAI: Liquidity in India’s banking system is likely to remain in deficit in the second half of this financial year... Published 21 Sep, 2022 04:53pm
Technology Google faces pressure in India to help curb illegal lending apps: sources MUMBAI: Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more... Published 19 Sep, 2022 06:12pm
Business & Finance India central bank governor says aims to manage rupee depreciation expectations MUMBAI: The Indian central bank aims to anchor expectations around the depreciating rupee and will intervene to... Published 06 Sep, 2022 09:43am
Business & Finance Indian rupee marks biggest gain in one year MUMBAI: The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local... Published 31 Aug, 2022 05:50am
World India to incentivize rupee-settled exports to boost Russia trade MUMBAI: India may give incentives to exporters settling trades using rupees to boost the acceptability of the... Published 24 Aug, 2022 05:38pm
Business & Finance Indian inflation still elevated, may warrant policy response MUMBAI: Inflation in India may still require a monetary policy response going forward as it remains above the target... Published 18 Aug, 2022 06:32pm
Business & Finance India bond yields snap 2-day fall, inflation data in focus MUMBAI: Indian government bond yields ended higher on Friday, after easing for last two trading sessions, tracking a... Published 15 Aug, 2022 05:41am
Markets India bond yields rise tracking US peers, RBI hike weakens sentiment MUMBAI: Indian government bond yields traded higher on Monday, tracking US peers, while sentiment remained weak... Published 08 Aug, 2022 11:22am
Business & Finance Treasury bill cut-offs jump as banking system liquidity tightens MUMBAI: The Reserve Bank of India sold 3-month treasury bills at 5.62% on Wednesday, sharply above the 5.40% cut-off... Published 27 Jul, 2022 05:09pm
Business & Finance India cenbank “correct” to use FX reserves to tackle rupee volatility MUMBAI: The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth ... Published 26 Jul, 2022 04:31am
Business & Finance Indian rupee snaps 7-day falling streak MUMBAI: The Indian rupee snapped a seven-session falling streak on Tuesday as central bank intervention and gains in... Published 20 Jul, 2022 05:48am
Markets Indian rupee hits record lows despite central bank intervention MUMBAI: The Indian rupee on Wednesday touched record lows for a second straight session on persisting concerns about... Published 29 Jun, 2022 04:34pm
Markets India wants central bank to lower bond yields NEW DELHI: India has asked its central bank to either buy back government bonds or conduct open market operations to... Published 09 May, 2022 06:29pm
Business & Finance State-owned Central Bank of India to close 13pc of its branches MUMBAI: Central Bank of India, a state-owned commercial bank, plans to shut 13% of its branches to improve its... Published 06 May, 2022 05:03am
Business & Finance India’s central bank raised rates fearing ‘shocker’ April inflation MUMBAI: India’s central bank hiked its key lending rate in a surprise move on Wednesday fearing “shocker” inflation... Published 05 May, 2022 07:39pm
Markets India central bank removes pricing curbs on micro-finance loans MUMBAI: The Reserve Bank of India has removed pricing caps on microfinance loans given by financial institutions,... Published 14 Mar, 2022 03:08pm
Markets Indian shares end higher BENGALURU: Indian shares closed higher on Thursday, after the central bank held its key lending rate steady as... Published 11 Feb, 2022 04:31am